Shift from international to domestic destinations

Akashdeep Chanana, Director, Leisure and Travel World, applauds the move by the government but also points out that the sudden announcement of demonetisation has impacted the FIT segment of travel majorly. Despite the slow business from this segment, Chanana points out that people will not stop travelling. “People will continue to travel and thus if someone cannot afford a Europe trip right now may shift to Asian destinations and in case that too does not fit in the budget then many domestic destinations are likely to see tourist movement. Business travel may reduce its cost by 20-30 per cent but this essential travel will continue. Tourism business in general has become slow and the next three-six months are very crucial for the industry,” says Chanana.