The beaches of Thailand seem to be more attractive than the beaches of Goa – both for the experience and for the price.
A marginal dip in domestic travel in the
last few months primarily because India has become at least 30 per cent
more expensive to travel than neighbouring countries like Singapore,
Thailand and Malaysia.
People who were travelling within
India are now going abroad because India is not value for money,
Five-star
accommodation in India now ranges on an average between $300-$500 a
night. In Singapore, Malaysia or Sri Lanka, you can get a similar room
for about half the price between $150 and $200. Air tickets have also seen a 20 per cent average
increase.These costs are also turning some foreign tourists away to other destinations
Hotel
rates are so high that in places like Turkey, you can get it at half
the price, so Europeans will like to travel to other places than to
India.
Travel
agents are already sounding alarm bells for 2008. With very little new
supply coming in on the hotel side and consolidation in the aviation
industry, and prices are unlikely to come down.
Last
year, hoteliers preferred a to sell fewer at higher prices than fill up
the hotel at lower rates. As a result last year, occupancies dipped but
revenues soared. If this trend continues then it could adversly impact
the tourism industry in India over the next few years.