West Asia conflict, weak rupee drive up summer travel costs
West Asia conflict and a weakening rupee have escalated overseas tour packages by 20%, negating TCS cuts and impacting Indian summer travel. Outbound travel has seen a 15-20% decline, with significant drops to the UAE, Gulf, and Europe due to rising airfares and safety concerns. Destinations are shifting towards East Asia, Nepal, Sri Lanka, and domestic locales.
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