Coldplay Concert Causes Navi Mumbai Hotel Rates to Skyrocket

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Mumbai — As anticipation builds for British rock band Coldplay’s upcoming concert in January, hotel rates in Navi Mumbai have surged dramatically. With concert tickets selling for as much as Rs 10 lakh, hotel rents near DY Patil Stadium, the concert venue, have soared to Rs 1.60 lakh per night, a significant jump from the usual Rs 10,000 to Rs 25,000 range.

Hotels in Navi Mumbai and surrounding areas are already fully booked for the concert dates. According to travel platform MakeMyTrip, room rates for the weekend of January 18-19 have inflated drastically. For instance, Courtyard by Marriott, located near DY Patil Stadium, lists its executive apartment at Rs 1.60 lakh per night, with other properties following suit with similarly high prices.

Other Hotels Following the Trend

  • Marriott Hotel: 3.1 km from the venue, charging Rs 1.20 lakh per night, excluding Rs 22,000 in taxes.
  • The Park Hotel: Rooms priced at Rs 93,930 per night, with Rs 25,250 in additional taxes.
  • The Reganza by Tunga Hotel: Situated 12 km away, rooms priced at Rs 76,999 per night from January 18-21.

Even budget options like Ibis are fully booked for the concert period, and the surge in demand has extended to Mumbai city. JW Marriott in Juhu is charging Rs 1.04 lakh per night, while St Regis in Lower Parel is priced at Rs 74,970. The Westin in Powai is offering rooms for over Rs 50,000 per night.

Coldplay Concert Mania

Coldplay is scheduled to perform at DY Patil Stadium on January 18, 19, and 21, 2025. Ticket sales began on September 22 and sold out within minutes. The BookMyShow app recorded 24 lakh users attempting to purchase tickets, leading to an online frenzy. Even filmmaker Karan Johar shared his disappointment in not securing tickets despite his status.

EOW Investigates Alleged Ticket Black Marketing

In related news, the Economic Offences Wing (EOW) of the Mumbai Police has summoned Ashish Hemrajani, CEO of BookMyShow’s parent company, Big Tree Entertainment Pvt. Ltd., over allegations of black marketing Coldplay tickets. The summons follows a complaint by advocate Vyas, accusing the company of conspiring to resell tickets at inflated prices, preventing genuine fans from securing them despite long virtual queues. The investigation continues as fans eagerly await the concert amidst skyrocketing ticket and hotel prices.

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