India will host the mega-hyped cricket showdown International Cricket Council (ICC) Men’s Cricket World Cup 2023 in a few days from now. The World Cup is the second major event after the G20 Summit, drawing fan interest from India and overseas. The tournament will feature competition amongst ten national teams who are prepared and eager for this thrilling event. It will be hosted in iconic stadiums of ten different cities.

Ahmedabad	Narendra Modi Stadium
Bengaluru	M Chinnaswamy Stadium
Chennai	M A Chidambaram Stadium
Delhi	Arun Jaitley Stadium
Dharamsala	HPCA Stadium
Hyderabad	Rajiv Gandhi Stadium
Kolkata	Eden Gardens
Lucknow	Ekana Cricket Stadium
Mumbai	Wankhede Stadium
Pune	MCA International Stadium

It’s a comprehensive plan covering all bases of security, safety, cleanliness, accommodation, food, practice nets, media attention, tourism, flights, and ticket Sales! These ten cities will do more than just lay out the welcome mat. These cities weren’t picked randomly; a whole behind-the-scenes action plan is at play.

BCCI has already started hyping the competition to attract more tourism. One such example was seen in Pune, India. As it is one of the cities hosting the game, they developed a great marketing strategy. They showcased the World Cup trophy at Shivajinagar’s Agriculture College. A parade also followed this before World Cup 2023. These minor events can have a ripple effect on the entire crowd.

These cities are like the unsung heroes of ICC Cricket World Cup 2023, working their magic not just on the pitch but in the financial game, too.

International Tourism

Cricket is the most popular watched sport. Millions of supporters travel across the country to witness the game. True cricket fans are always eager to watch their favourite team play. India itself has seen the fan following of the game. The luxury is drawing international travellers to India’s hallowed grounds to witness the grandeur of the ICC Cricket World Cup.

But it’s not just the cricket that sparkles; it’s the entire package. The ICC Men’s World Cup 2023 will offer top-notch amenities in all host cities, making it an unforgettable experience for fans worldwide. This cricket frenzy doesn’t just benefit the stadiums but extends to luxurious hotels, which see increased occupancy and dynamic rate strategies, maximizing revenue. Besides fans, sponsors, teams, and support staff will also travel to India, as the inquiries and bookings surge well in advance. 

According to a BQ Prime report, India’s economy will gain approximately $1.64 billion (Rs 13,500 crore) from international travellers. Considering airfare expenses, each tourist is estimated to spend Rs. 5,705 crore in tourism spending during the World Cup. This cricket extravaganza is not just about sports; it’s a significant win for India’s economy.

Domestic Accommodation

The ICC World Cup 2023 tournament isn’t just for India; it’s a global affair drawing cricket fans from all over. With matches scattered across multiple cities, the accommodations in these areas are in high demand and come in various options beyond fancy 5-star hotels. Hotel rates are experiencing a staggering 150% surge, while flight prices saw an 80% increase.

The hospitality industry is witnessing a remarkable resurgence after the COVID-19 era. Hotels have raised their room rates significantly, with some reaching up to ten times their usual prices. Airbnb listings also reflect this surge, with rates as high as twentyfold. The hoteliers expect an impressive 85% occupancy rate during the tournament in respective cities. Leading hotel brands such as ITC, The Leela, Marriott International, Taj, Hyatt, Lemon Tree Hotels, and various Airbnb properties are fully occupied.

India Vs. Pakistan Clash Sweeps Ahmedabad

The exciting clashes of the series are when two of the greatest rivalries come face to face. One such example is India vs. Pakistan. This game has gained a lot of attention all over the world. The tickets for this come at a premium, i.e. relatively expensive. Folks are more than willing to invest in witnessing history in the making, and as game day is approaching, ticket prices shoot through the roof.

The action is in the Narendra Modi Stadium in Ahmedabad, especially for the India-Pakistan showdown on October 14th. The tickets for the match range from Rs. 1500 to Rs. 3 Lakhs. One can book tickets online also via BookMyShow and PayTM Insider applications prior to World Cup 2023.

Hotel rooms are filling as fast as ever, even at a higher price, around four to five times the usual rates. Hotels in host cities for India’s matches have shown more growth than those in the towns with non-India games. It’s not just an average price rise; it’s 10 to 15 times the regular rate for 4-5-star hotels. The closer ones to the stadiums are more shelled for a room or AirBnb properties.

Skyrocketing Hotel Prices in Ahmedabad

For the big day, hotels ranging from premium to mid-premium have spiked their fares. A base category room at a five-star hotel in the city sometimes costs Rs 50,000 per night. One day’s rent in hotels of three-level to 5-star category has reached from Rs. 20,000 to 2.5 lakhs, and the booking in the presidential suite has been done at Rs. 1 lakh to 2.5 lakhs.

Premium hotels like ITC Narmada, Hyatt, and Taj Skyline are fully booked and have no available rooms. On the other hand, some boutique luxury hotels in Ahmedabad have received numerous inquiries about room rates but haven’t confirmed bookings yet, possibly awaiting ticket confirmations. The reservations in Dharamshala, Lucknow, Chennai, Pune and Delhi have also surged. For the rest of the cities, prices have inflated by 20-30%.

Inflation In the Consumption Sector

The consumption sector is no less experiencing a notable upsurge due to the tourism boost generated by the ICC Men’s World Cup 2023. The prominent companies in the hospitality sector are making significant moves.

Hospitality

Bookings.com is the official ICC Cricket World Cup 2023 tournament partner, offering a range of choices for those booking in advance. The availability may dwindle as the tournament draws nearer. The recent news states that people have gone above and beyond to book stays and considered enquiring to stay in hospitals.

OYO, India’s largest hospitality company, has expanded by adding 500 hotels in the host cities over the past three months, catering to the increased demand during the World Cup festivities. If one’s planning to catch the World Cup in action, you better reserve your spot and pack your wallet because it will be a wild ride, on and off the field.

The impact is way beyond hospitality and entertainment, though. Booking platforms like MakeMyTrip, Yatra and Agoda have reported a massive uptrend in hotel and homestay bookings in the host cities. MakeMyTrip has even introduced a new tool that displays the distance of accommodations from the cricket stadium venue.

Broadcast and Digital Platforms For World Cup 2023

Star Sports holds the broadcast and digital rights for the tournament, given that India is hosting 48 matches across ten venues. The event’s live broadcast will be on other platforms like Zee Entertainment and Sun TV.

Additionally, Disney+ Hotstar is strategically offering all mobile phone users free access to the ICC Men’s Cricket World Cup 2023, targeting an impressive 540 million smartphone users. Disney stands to reap substantial benefits from this move.

Food Delivery Services

As the consumption sector surges, it’s not just travel and hospitality; food delivery platforms like Zomato and Swiggy are also set to reap the rewards. Eateries and Drinks constitute a significant part as staying at home and watching matches is an ultimate option. Companies like Devyani International and Sapphire Foods India, with KFC franchise operations, are also expected to benefit from this economic activity by the World Cup in the post-COVID era.

Local Businesses

One significant economic advantage of such large-scale events lies in the sale of merchandise. The local vendors peddle items like caps, T-shirts, and badges at these games. Local vendors typically source these products, enabling them to connect with customers directly. This not only supports homegrown businesses but also contributes to the overall economic growth of the nation.

Bowling the Economy

These factors might not seem like a big deal. But they play a crucial role in building the economy. Countries try their best to host such games. This is precisely why people regard the ICC Men’s World Cup as contributing to the country’s economic growth. The tournament has gone the extra mile to ensure everyone has a great time in these incredible cities, no matter where they’re from. The world-class facilities allow visitors from any nationality to thoroughly enjoy the stay and the games in the lively locations.

By spreading the ICC Cricket World Cup 2023 tournament, we are not just scoring sixes on the cricket pitch; it’s the love for the game. With the packed stadiums, wilderness among fans and businesses booming, India’s economy will buzz like the freshly lit scoreboard.