Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Lack of hotel rooms pushing up travel costs for Indian tourists
Mint Chennai
|May 14, 2025
Overall travel costs are not easing just yet for Indian tourists as hotel rates remain firm due to limited supply, Mahesh Iyer, managing director and CEO of Thomas Cook India, told Mint.
Iyer said while international airfares are flat compared to last year, a stronger euro—up 5% versus the rupee over the past year—could dent European travel demand. However, relative stability in the US dollar vs the rupee (USD is up 1.9% versus INR over the past year) means Indians are holidaying in the US at levels similar to last year, he added.
The sharp rise in the euro is expected to hit international outbound tourism, especially this summer, as Europe is generally a larger part of the holiday portfolios of many travel companies, including Thomas Cook India. Europe contributes 41% of its international travel business in the peak of summer.
Denne historien er fra May 14, 2025-utgaven av Mint Chennai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Chennai
Mint Chennai
When LLMs learn to take shortcuts, they become evil
Some helpful parenting tips: it is very easy to accidentally teach your children lessons you did not intend to pass on.
2 mins
November 28, 2025
Mint Chennai
The curious case of LIC’s voting on Reliance, Adani board resolutions
In all, of the about 9,000 resolutions since the beginning of fiscal year 2023 (FY23), LIC voted in favour of over 92% of them and abstained from voting on another 6%.
6 mins
November 28, 2025
Mint Chennai
Intel executive's home raided in Taiwan criminal probe
Wei-Jen Lo jumped to Intel from TSMC, triggering legal fight; Intel calls allegations meritless
3 mins
November 28, 2025
Mint Chennai
India seeks agri goods testing parity
India is working with the US, European Union, the United Kingdom, Singapore, Switzerland, and the Asean bloc countries to mutually accept each other’s inspection, testing and quality certification systems for farm produce in an attempt to ensure low-friction movement in such trade, two senior government officials told Mint.
2 mins
November 28, 2025
Mint Chennai
Would you like to be interviewed by an AI bot instead?
don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.
3 mins
November 28, 2025
Mint Chennai
How the latest labour codes will benefit most employees
Workers may see an increase in some statutory benefits such as gratuity and leave encashment
4 mins
November 28, 2025
Mint Chennai
Japan's Incubate plans two new funds; one for India
Incubate Fund Asia, backer of firms such as M2P and Captain Fresh, is kicking off a fundraising spree with its fourth India-focused seed fund.
1 mins
November 28, 2025
Mint Chennai
Sebi now trains sights on commodity derivatives
Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).
1 mins
November 28, 2025
Mint Chennai
Is Apple on a roll?
Apple is set to end the long reign of Samsung as the world's top smartphone company, according to Counterpoint Research.
1 min
November 28, 2025
Mint Chennai
Investors expect AI use to soar. That's not happening
An uncertain outlook for interest rates. Businesses may be holding off on investment until the fog clears. In addition, history suggests that technology tends to spread in fits and starts. Consider use of the computer within American households, where the speed of adoption slowed in the late 1980s. This was a mere blip before the 1990s, when they invaded American homes.
2 mins
November 28, 2025
Listen
Translate
Change font size