Outlook Money Outlook Money, April 2018 | Page 24

Cover Story Footloose And Worry-Free While travelling can be fun, planning a trip can frazzle your nerves if you are not prepared. Priya Nair and Preeti Kulkarni offer tips to ensure a hassle-free vacation this summer H olidays can mean different things to different people. For some it’s a chance to unwind in a comfy hotel room, while for others it’s an opportunity to explore new places and learn about the local way of life. No matter what you expect from your ideal holiday, there are deals and packages to suit your preferences. Here’s how to plan ahead. According to data from Economic Survey of India 2016-17, Indians are warming to travel like never before. In 2016, over 20 million Indians travelled overseas, points out Karan Anand, Head, Relationships, Cox & Kings. “From anecdotal data we can safely assume that the growth in outbound travel every year 22 Outlook Money April 2018 www.outlookmoney.com would be approximately 15-18 per cent,” says Anand. “According to data from the Ministry of Tourism, the total domestic journeys crossed the billion mark in 2016 itself.” So how does one go about it? Should you choose a group tour or opt for a tailor- made holiday? Or would you prefer to plan everything on your own? With summer around the corner, it’s the right time to plan your holiday. For the travel issue, Outlook Money talked to three avid travellers with diverse travel profiles to glean advice from their trip diaries. From the advantages of solo travel to the upside of group tours to nifty ways to handle money, they have it all covered. The Big Two When you are planning a holiday, the two biggest expenses are travel and accommodation. Once you decide your destination and your budget, it is advisable to get these two expenses out of the way. It is advisable to plan a few months in advance to get good deals on airfares and hotels. When Smita Kumar, who works with a