ahmedabad even as the tour operators are pitching hard to go cashless in line with the centre and state governments initiative cash crunch post demonetisation is expected to take its toll on bookings for holidays next summer tour operators fear that there will be a slump of at least 25 in bookings for overseas tourist destinations during the summer season starting april next at present tourism industry is under pressure as both domestic inbound and outbound tourism have taken a hit cash crunch is going to affect both inbound and outbound tourism from india as far as outbound tours are concerned we see a 25 slump in summer holiday bookings for foreign destinations especially for tourist places in europe and usa said indian association of tour operators iato president subhash goyal as overseas tours are planned well in advance bookings for such holidays begin from december tour operators have already started coming up with promotional offers however tour operators admit that the cash crunch is adversely affecting the bookings i had booked a cruise holiday for a large group of people but recently they cancelled the tour overall tour operators across india have seen cancellations of up to 2025 so far i am not against demonetization but implementation of this drive is haphazard added goyaleven the tour operators have either cancelled or postponed hotel and air ticket reservations we had made advance reservations in hotels and airlines for summer vacations however we have postponed the bookings considering the current trend we fear slump of 2025 in summer tours to europe and us as well as other destinations said manish sharma a citybased tour operatoraccording to tour operators around 15000 tourists from gujarat go on summer vacations in foreign destinations every year the number of outbound tourists from india is 1415 million of which around 5 million go to foreign destinations during summers the demand for ticket and hotel bookings is sluggish at the moment said hitank shah of travel agents federation of india tafigujarat