Due to the increase in the dollar rates many travel companies & tour operators are attracting travellers with offers, including a 'fixed exchange rate' for an international holiday, irrespective of the dollar rate that day, while others are offering upto 25% discounts on early bookings.
According to a recent Assocham survey, Indian tourist outflow had registered a significant decline to the extent of 15%-20% in the last two months due to the falling rupee. The survey said that with foreign trips out of reach, travelers were opting for domestic holidays in the country or cutting down on the duration of stay.
To tide over the depreciating rupee, Kuoni India has introduced a fixed exchange rate of Rs 58 per dollar for its south-east Asia packages. Kuoni India's (tour operating) CEO Vishal Suri said they hadn't seen cancellations so far though travelers had tweaked their plans. ``To make travel more attractive we are offering deals and discounts. We will continue to drive the theme of affordability around travel so people don't cancel their travel plans. Travelers are option for breaks where price is controllable,'' he told TOI.
Travellers are either shortening their stay abroad or considering domestic destinations as the spiralling dollar has made their international trips more expensive.
» Read Complete News.....(You need to login first to read complete news). New User? Register for FREE!
» Back to Travel News