Hit by slowdown, holiday-goers opt for budget-friendly locations for travel

Share of travel to expensive destinations like US, Europe, Australia has come down to 19 per cent from 25 per cent in August

Slowdown has forced international travellers to opt for budget friendly destinations for satisfying their holidaying urge in the upcoming festive season.

According to travel portal Cleartrip, vacation has become a periodic break-out which has led to continuous growth, but travellers are opting for relatively less expensive holidaying destinations. 

“The share of travel to relatively more expensive destinations like US, Europe, Australia has come down to 19 per cent from 25 per cent in August,on a year-on-year basis,” Balu Ramachandran, senior vice president at Cleartrip, told Business Standard.

Travel planner Thomas Cook is of the view that while short hauls like