This is the right time to travel UK, one positive effect of Brexit for Indians
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If you are planning an affordable vacation abroad, you can very well consider United Kingdom. Yes, it is called the Brexit effect that the pound sterling has fallen from Rs 101 to Rs 87.30.
This is, indeed, good news for Indians as travel packages, excluding airfare and visa, have fallen by up to 10%.
"A seven-night package which used to cost Rs 1.8 lakh for a couple now costs Rs 1.62 lakh," an official at one of India's largest travel companies told ET.
Travel portal Yatra's president Sharat Dhall told ET, "A five-night land package (hotels and sightseeing) used to cost Rs 64,610 per person, pre-Brexit. Now, it has dropped to Rs 61,770. Prices have dropped by up to 5% on account of the British pound weakening."
Rajeev D Kale, Thomas Cook (India's) head of leisure travel, told ET, "Inbound travel to the UK is expected to experience a spike owing to the devaluation of the pound. While it is too early to comment on the impact of the correction in pound on outbound travel to the UK, it is expected to witness a surge as travellers will now gain additional benefits on the same quantum of spends. We, at Thomas Cook India, have observed a 12-15% growth in travel queries to the UK over the past 15 days. We constantly review prices in line with the input cost."
The British visa fee for a six-month travel is Rs 8,700, it goes up to Rs 75,200 for a 10-year visa. A holiday in Britain could get even cheaper if Britain agrees to reduce the visa fees for Indians.
(Image: Thinkstock)
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This is, indeed, good news for Indians as travel packages, excluding airfare and visa, have fallen by up to 10%.
"A seven-night package which used to cost Rs 1.8 lakh for a couple now costs Rs 1.62 lakh," an official at one of India's largest travel companies told ET.
Travel portal Yatra's president Sharat Dhall told ET, "A five-night land package (hotels and sightseeing) used to cost Rs 64,610 per person, pre-Brexit. Now, it has dropped to Rs 61,770. Prices have dropped by up to 5% on account of the British pound weakening."
Rajeev D Kale, Thomas Cook (India's) head of leisure travel, told ET, "Inbound travel to the UK is expected to experience a spike owing to the devaluation of the pound. While it is too early to comment on the impact of the correction in pound on outbound travel to the UK, it is expected to witness a surge as travellers will now gain additional benefits on the same quantum of spends. We, at Thomas Cook India, have observed a 12-15% growth in travel queries to the UK over the past 15 days. We constantly review prices in line with the input cost."
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(Image: Thinkstock)
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