Today, if you can book a stay at the iconic Taj Mahal Hotel in Mumbai for less than Rs. 15,000 a night, you would have got a great deal. However, Anand Mahindra, one of India’s best known business magnates, had a very different room rate in mind. Check out his twitter post about Taj Mahal Hotel rates from a bygone era:
Those were the days says Anand Mahindra. According to him the only way to beat inflation is to use a time machine to go back into the past.
‘With fans’ was a USP then – now it is difficult to imagine any ‘luxury’ hotel not having air-conditioning.
Going back in time would be futile, because if the hotel rates were low, so were incomes.
Single-digit incomes over a hundred years ago – and how they kept people in comfort even then! People shared stories like this and wondered how it was possible.
Calculating based on the price of gold and the way it has risen, this actually works out to present rates quite accurately.
If one booked a room at the historic palace wing of the hotel today they would pay about Rs. 15K a night.
For someone like Mahindra, a few nights at the Taj Mahal hotel would feel about the same as regular people buying peanuts while riding the local train, points out this comment.
The astronomical prices we pay at the pump these days, someone was bound to mention this. However, to be clear a bicycle was free to ride then and still is still a free mode of transportation.
This Twitter user shared this unique image where the prices are shown in rupees and annas and when plane prices ranged from Rs. 90 to Rs. 500.
The price of real estate in Mumbai is among the most costly in the world, not just in India. This old advert offers a completely different perspective.
Many try to get the attention of company customer service representatives by commenting on posts by the company’s top brass. This elicited an answer.
All the talk of time machines aside, when we come back to the ‘future’ i.e. the present day, Rs. 6 doesn’t even buy a local bus ticket to ride to the Taj Mahal Hotel, much less a stay there.
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