With the sliding rupee making overseas travel 15-30 per cent costlier, local hotspots have become favoured destinations for most Indian tourists this holiday season.
As the domestic currency oscillated between 52 to 56 against the US dollar over the past month, the volatility forced Indian tourists to either postpone their vacation overseas or choose less costly domestic destinations.
In some cases, people have shortened their foreign trips, travel experts said.
A broad cross-section of tourists are bearing the brunt of the falling rupee as they made travel plans well in advance.
"Last one month's trend show a flat or small growth in outbound tourism. The demand has not really taken off considering this is the peak season.
"(Travel plans to) Europe and the US have been impacted the most compared to South East Asian destinations," travel portal Ixigo.com CEO Aloke Bajpai said.
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With the sliding rupee making overseas travel 15-30 per cent costlier, local hotspots have become favoured destinations for most Indian tourists this holiday season.
As the domestic currency oscillated between 52 to 56 against the US dollar over the past month, the volatility forced Indian tourists to either postpone their vacation overseas or choose less costly domestic destinations.