Rupee fall fails to dent 48% Indian travellers' holiday plans: Survey

The recent dip in the rupee against the US dollar and the stable Euro mean that Indians have shifted their choice of holiday destination from America to Europe, according to a recent survey by the travel portal, Yatra. Europe (42%) has emerged as the favourite destination, followed by Southeast Asian countries, including Thailand, Singapore and Malaysia (30%).

Despite the strengthening of the US dollar against the rupee, 51.5% respondents are optimistic that the rupee will rise enough to plan their holiday, while 48.5% said that the fall did not matter and they would go on a holiday anyway. The survey was conducted by Yatra.com among 1,573 respondents across 11 cities in the country.

As many as 72% said that they would not shorten the duration of the trip due to the dip. However, 51% respondents are considering compromising on shopping and opting for budget air carriers to cut costs and manage their budgets. Only 32% will evaluate expenses before choosing between a domestic and an international destination, as per the survey.


“Summer being the traditional travel season nationwide, Indian travellers tend to book their holidays well in advance, often locking in prices ahead of time with package deals. The travellers who plan their holidays at a short notice are more likely to be impacted by the depreciating rupee,” said Sharat Dhall, COO (B2C), Yatra.com.