Indians will have to pay 15% more for their international trip this summer
falling rupee and rising hotel prices have made international vacations more costly for Indians this summer. The year-on-year increase for the April-June period is between 15% and 20% compared to last year, with tour operators transferring the price hike to travelers.
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The impact is more for the European destinations, followed by Southeast Asian countries. However, it has not discouraged travel plans of people, as more Indians are booking for exotic destinations.
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Indian Association of Tour Operators (IATO) president Rajiv Mehra told TOI, the current 15%-20% rise is the steepest since 2017-18 and 2018-19, where both the years had witnessed similar jump in the cost of international tour packages due to rupee depreciation. «The cost of tour packages has gone up because dollar is expensive. Moreover, unprecedented rush in hill stations in India are making domestic air travel and hotels expensive. So, people are looking at overseas destinations,» he said. Announcements of free e-visas by several countries to attract Indian tourists has kindled their interest, he added.
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