Delhiites to cut holiday budget by 40% for New Year’s eve: Survey

Monday, December 31, 2012
A majestic view of Delhi's Red Fort [Photo©]
New Delhi: This New Year, majority of Delhiites may reduce their holiday budget by about 40 per cent than last year due to rising inflation, according to a new Assocham survey.

They may plan to take a shorter holiday trip nearer to their home like Agra and Jaipur the survey added.
"This New Year season majority of Delhilites are likely to take a shorter holiday trip, nearer to their homes and reduced their budget by 40 per cent than the last year due to rising cost," it said.

Majority of respondents said they would go on a vacation to destinations within or around Delhi, like Jaipur, Agra, Shimla, Nainital or Kasauli, as these options are more affordable, Assocham Secretary General D S Rawat said.

Around 82% of the respondents said that ‘Jaipur’ is their first priority and attracting many more visitors followed by Agra this year. Shima and Nanital are third and fourth on the list of favoured holiday The chamber said it has surveyed about 2,500 executives working in different sectors like finance, IT/ITeS, insurance, infrastructure and FMCG.

The survey said majority of families going on a holiday between end of December 2012 and beginning of January 2013 are expected to spend an average of Rs 10,000 to 15,000 on the trip, which is about 40 per cent less than their last year's budget.

Even the duration of the holiday planned is down to an average 2 nights this season from 3 to 5 nights last year, the survey further said.

However, about 15 per cent respondents said they have set aside higher budgets for trips to destinations including Goa, Kerala, Andaman and Nicobar and Rajasthan, it said.

The survey points out that nearly 52% of families have planned their ‘family trips’ this year along with their children and rest 48% will go along their friends, the survey highlights.

Occupancy rates for New Year eve at major tourists destinations especially in North, West and deep South India has so far the capacity utilization of merely 50% and is unlikely to exceed this limit, as per Assocham estimates which have directly come to it from hospitality and services sector of its constituents.

Coming back to tourists, Mr. Rawat pointed out that last year, over five to six lakh tourists had visited various tourists destinations such as Jaipur, Udaipur, Massourie, Nanital, Shimla, Kullu-Manali, Kashmir valley, Goa, Mysore and Trivantapuram to celebrate their Christmas and New Year eve’s holidays.

However, Massourie and Nanital will remains the best tourist destinations for North Indians as tourists can attain twin objectives their - one is that of site seeing and another of religious tourism as both Haridwar and Rishikesh are nearer to Massourie and that of Nanda Devi close to Nainital.
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