World’s largest climate summit strains Azerbaijan capital’s limited hotel inventory, driving historic rate surge
Key findings
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Room rates surge 379% above the overall average for 2024
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92% of Baku hotels not listing rooms on November 13
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75%+ hotels unavailable November 11-15
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Highest demand pressure during world leaders’ summit
Hotel availability in Baku is reaching critical levels as the city prepares to host COP29, with new data revealing unprecedented pressure on the market during the UN climate summit this November.
The world’s…
