Ode to Indian outbound
Come May and the outbound market will return in full swing. In fact, with May and June being the major travel and spending months for Indians, outbound travel agents and tour operators are busier than ever. Looks like everybody has come out of demonetisation blues. When demonetisation struck, it was worrisome as to how it would affect the summer business. However, contrary to earlier assumptions, outbound summer travel did not really take a hit from currency crunch, as bookings are going on even in the luxury long-haul segment. Right from travel exhibitions to roadshows, to NTOs, and the agencies, everyone is busy preparing for the next two months, especially when the most dreaded GST bill is set to come into effect in July. However, even that won’t deter the Great Indian Outbound market, as Indians are ready to spend for new experiences in new destinations out of the country.