Millennium Post

Re woes yet to hit travellers’ spirits, finds

Depreciating rupee may have hurt market sentiments but it has not dampened the spirit of Indian travellers as 63 per cent of them are still on track with their holiday plans, according to a recent survey.

Most Indians are still eager to travel, with about 63 per cent of respondents positive towards pursuing their holiday plans, a survey released by revealed. While 86 per cent of the respondents confirmed that the depreciating rupee will impact the average lifestyle, about 62 per cent respondents are optimistic that the entry of international flight operators into the country will result in global and domestic travel becoming cheaper, it said.

When asked whether they would wait for the rupee to rise and then go on holiday, 43 per cent said no, while 38 per cent said they would like to wait till the rupee stabilises.

The balance 19 per cent said it does not matter and that they would go on holiday anyway. On destination choice, South East Asian countries are the favourite, followed by Europe, the United States and then the United Kingdom, the survey also revealed. About 43 per cent of the respondents would like to travel within India, while 45 per cent said the location would depend on the expenses involved.

However, 12 per cent said the destination doesn't matter, showing that there is a significant segment of well-heeled travellers for whom costs do not really matter.
'We have been periodically mapping travel trends amongst our base of travellers to get a sense of their mood, and this latest survey seems to suggest that the market is still upbeat on holiday travel despite the depreciation in the rupee,' President Sharat Dhall commented.
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