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British tourists are not deterred by the Mumbai attacks and are packing off for their planned
Here is a verbatim transcript of Akanksha Banerjee’s comments on CNBC-TV18. Also watch the accompanying video.
Economic slowdown hits tour operations
After a temporary setback in the immediate aftermath of the Mumbai terror attacks, British tourists are still packing off to
Philip Grierson, Marketing Director,
Last year over five million foreign tourists came to
Vivek Angra, GM, Travel Corporation of India (UK), said “Growth will slow down, but won't be a negative growth.”
Experts say that it's the business travel market that has seen a significant setback. To counter that, hotels and airlines could help by revising their costs and making their rates competitive. Everyone is looking for a good bargain in these times.
Pricing concerns
Grierson said, “We have to get better prices from airlines and hotels. There is pressure on hotels to revise prices to comparable destinations.”
The pace may be slow but outlook for
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