Ahmedabad: With a strong dollar hitting record highs, fewer destinations open to tourists, less flight frequency, skyrocketing airfares and searing inflation, holidays abroad are now more expensive. Estimates from travel agency owners suggest that both airfares to popular destinations have increased by at least 25% compared to the previous summer season, i.e. in 2019. take off after the doom and despair of two years of Covid.
Virendra Shah, President of the Association of Travel Agents of India (TAAI) – Gujarat, said: “Holiday costs have skyrocketed due to the depreciation of the Indian Rupee against the US Dollar which has sagged. ‘ stood at 77.49 on Saturday. For this reason, the actual costs of travel, including internal transfers to destinations, hotel rates and other travel costs have increased. Fortunately, despite this, holidaymakers are determined to travel this season and pay additional costs if necessary.
For example, trips to popular European destinations that cost around 1,400 euros per person for a six-night, seven-day package in 2019 have risen to 1,750 euros. Similarly, Singapore-Thailand, which was $600 per person for five nights, six days, has been reduced to $750; The cost of the trip to Dubai has risen from $400 to $500 for a four-night, five-day package as Maldives and Maurice went from $800 to $1,000 for a five-night, six-day package. The Indian currency weakened against the US dollar and the euro which stood at 80.67 on Saturday and in mid-April hit a high of 83.02.
For the past two years, due to Covid-19 restrictions, foreign countries had not opened their borders to tourists. Estimates from tour operators and travel agents suggest that package holiday costs, including airfare, have risen by at least 20,000 rupees per person this year compared to 2019.
“Most overseas holiday bookings were finalized in late March and April due to Covid-19 restrictions and lack of clarity on international flight movements to various destinations. At that time, there were fewer flight frequencies to popular destinations amid high demand Dynamic pricing coupled with increased demand and limited supply, in addition to rising aviation turbine fuel costs, have resulted in higher fares airlines,” said Anuj Pathak, President of Gujarat Association of Tour Operators and Travel Agents (TAG).
“This time, pent-up demand played a big role in driving demand for international vacations, as people have been unable to travel for the past two years,” Pathak said.