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A holiday windfall for travellers - Business Line

24.06.09

His year’s summer holiday season has seen a late start in terms of the consumer travel queries picking up, unlike the last year when advance travel bookings were at an all-time high much before the vacation season began.

According to the estimates of the Travel Agents’ Association of India (TAAI), overall business during this year’s holiday season will see a downturn of 10-15 per cent.

Holiday travel has been quite resilient, says Karan Anand, Head — Relationships and Supplier Management, Cox & Kings India Ltd. “We can safely say that while Indian travellers may not have splurged this time; they have enjoyed a holiday at prices that are at least 25 per cent cheaper than last year,” he adds.

Prices have dropped 10-40 per cent for destinations such as Malaysia, Singapore and Thailand, 10-20 per cent for Europe, and 10 per cent for destinations in the Asia-Pacific — Australia, New Zealand and Fiji. Industry experts say that the discounts could have been higher, but for the dollar and euro conversion rates.

Source: Business Line, India

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