For Indian tourists, Greece is still paradise. Grexit can go to hell!

Despite the financial crisis in Greece and the possibility of the south-eastern European country leaving the Euro-zone, outbound travel from India to Greece will remain unaffected in the upcoming holiday season due to strengthening of rupee against euro, reported the Economic Times.

Greece is a popular holiday destination and one of the fastest-growing tourist places in Europe for Indian travellers, Ranjeet Oak, chief business officer — holidays at MakeMyTrip, told the financial daily.

The Mediterranean destination, a favourite among Indian honeymooners, usually attracts tourists from the subcontinent during April-June and in winter.

Moreover, it has become cheaper for Indians to travel to Greece after rupee strengthened 8.2% against euro since December 2014, according to currency dealers.

"The euro has been weak for a while and this has made all EU countries more attractive for travel due to better exchange rates," said Oak.

Karan Anand, head — relationships at Cox & Kings said that tourists heading to Greece in coming months will benefit with a price reduction of at least 20%.

Known for its cultural landmarks and beautiful beaches, Greece has become a sought after exotic destination for Indians over the years. Contrary to expectations of cancellations on account of the financial turmoil in Greece, travel companies are getting more calls.

Thomas Cook (India) Senior Vice President, Jatinder Paul Singh said that there has been a rise of about 35% in bookings for Greece.

Travel companies are encouraging Indian tourists to go ahead with their Greece trips, saying there will be very little effect on them and that it's business as usual in the country.

Greece rejected a bailout offer from Europe, raising the prospect of the country's exit from the Euro zone. While banks in the country have been closed and there is apprehension of a shortage of some goods, the Indian travel industry seems optimistic.

"The crisis has no impact on our business and therefore we continue to position Europe as an affordable destination to our customers," said Vishal Suri, chief executive officer — tour operating at Kuoni India.

Greece remains a niche destination for Indians, even as well-heeled Europeans may have had to change their plans and the US, the UK, Canada and Australia issued travel advisories.

"Greece is a destination for the experienced Indian traveller and so we find it unlikely that there will be a long-term impact on outbound tourism," said Sharat Dhall, president of travel portal Yatra.com.
(Image: Reuters)