Travel industry bullish on outbound traffic

Kolkata:This winter outbound travel in India is set to hit a new high. As competitive pricing and value-for-money deals favour the holiday traffic movement towards Southeast Asia and South Asia, places like Malaysia, Singapore, Thailand and Sri Lanka are gearing up to receive Indian revellers to their shores for New Year. Travel industry analysts are, therefore, banking on a 10-15% increase in the Indian outbound figure during December 2006, as compared to last year.
High disposable incomes, greater awareness levels and easy availability of travel loans on international destinations are just some of the factors responsible for this sudden upsurge in outbound travel.
Speaking to ET, Travel Agents’ Association of India (TAAI) vice-president Rajji Rai said:
“The opening up of Indian skies and aggressive promotion by various tourism boards has given a huge leg-up to outbound travel. For the winter, Indians are flocking to places like Malaysia, Singapore, Sri Lanka and Bali. The middle-range packages, priced between Rs 30,000 and Rs 75,000 are doing particularly well.”
25/12/06 Economic Times

To Read the News in full at Source, Click the Headline