Abroad travel to become costly as Rupee depreciates

With the plummeting value of Rupee in the international market, the cost of holiday in foreign locales is going to be more expensive.

According to some of the Travel firms the depreciating value of Rupee will have an impact on shopping, sightseeing, eat-outs and accommodation, as the cost of tour packages will increase from five percent to 10 percent.

Vijay Thakur, president of the Indian Association of Tour Operators said, “Travellers will have to pay about 10 percent extra on the package, which can be a dampener for those on a tight budget. If a person is spending about $1,000 on a package, paying $100 more will matter to him. Many travellers are looking at shortening their stay by a night or two or are rethinking their hotel options. Hotels, especially those in Europe, are very expensive, which affects the overall cost of the trip. Firms are trying to attract customers through unique offers.”

Cleartrip, for instance, has introduced EMIs. “The EMI option is meant for people who want to spread out the impact of rupee depreciation,” said Noel Swain, executive vice-president of supplier relations, Cleartrip.

Keyur Joshi, co-founder and chief commercial officer of MakeMy Trip added, “Group package costs remain static but for others, money spent on shopping and dining might go up. Those travelling at short notice prefer south-east Asian destinations due to attractive airfares. With direct flights, Maldives is also on the radar.”

The Oberoi opens its gates to travellers in Dubai

Dubai gets another luxury hotel, as the Oberoi Group announced the opening of their new hotel in Dubai, The Oberoi Dubai. The new hotel is located at the Oberoi Centre and features 252 rooms and suites each having floor to ceiling windows presenting spectacular views of Dubai’s skyline. The hotel is just a few minutes drive from downtown Dubai and the Dubai Mall.

P.R.S. Oberoi, Executive Chairman of The Oberoi Group  said, “We are pleased to present The Oberoi, Dubai which offers the highest standards of luxury and hospitality. The opening of the hotel is significant for us. A number of Oberoi Hotels have been consistently recognised as amongst the best in the world. I am confident that The Oberoi, Dubai will continue this tradition.”

Mr. Karim Bizid, General Manager of The Oberoi Dubai added, “With the opening of The Oberoi, Dubai we offer discerning business and leisure travellers an oasis of tranquillity with service which is warm, caring and personalised. We are confident that The Oberoi, Dubai will add tangible value to the hospitality sector in the United Arab Emirates.”

The hotel features Umai, a contemporary Pan Asian restaurant; Nine7one, an all day dining restaurant, which offers the best of world cuisine and Ananta, an Indian specialty restaurant.