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ICC World Cup to boost hotel fares by 150%: Jefferies

Shortpedia

Content Team
Image Credit: NewsBytes

Global investment bank Jefferies predicts that hotel and airline fares will increase by an average of 150% and 80%, respectively, on match days during the ICC Cricket World Cup 2023. The event, scheduled from October 5 to November 19, will be held in 10 cities across India. The surge in demand is expected to be most significant in major cities, but smaller cities like Dharamshala are also experiencing high demand.