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Holidaying abroad or dining out? Expect to shell out more this summer

A steep rise in the cost of services and consumables is prompting those in the restaurant, travel, and hotel business to revise their rate cards by 10-20% in the coming weeks

Indian Hotels
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Dining out, staying in a hotel and holidaying — both in the country and abroad — are set to pinch Indians more this summer.

Aneesh PhadnisShally Seth Mohile Mumbai
Dining out, staying in a hotel and holidaying — both in the country and abroad — are set to pinch Indians more this summer. A steep rise in the cost of services and consumables — ranging from transportation, cooking oil and gas to milk and poultry products, is prompting those in the restaurant, travel, and hotel business to revise their rate cards by 10-20 per cent in the coming weeks. Foreign travel costs have already risen 20-30 per cent over 2019.

A nascent recovery, fragile demand and the lurking fear of the pandemic had prevented them hiking prices all this

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First Published: Mar 24 2022 | 6:04 AM IST

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