Headwinds Ahead for India’s Travel Sector After Modi Calls for Foreign Holiday Restraint

Summary

India’s travel industry fears that an appeal by Prime Minister Narendra Modi to avoid unnecessary foreign travel will squeeze new bookings after inflationary pressure knocked down summer overseas inquiries by as much as 15 per cent, industry and analysts say. The pullback is set to hit the peak season for outbound tourism, when affluent families ‌seek cooler locations in Europe and Australia, during school holidays that run from April to June. “The prime minister has a great following, and...