India, Jan. 9 -- Are you planning your holidays for the coming year? I know you have only just finished your winter vacation and the last thing you want to do is to spend more money on travelling. But here's my advice: Plan early. We live in an age of dynamic pricing, where there is no fixed price for anything. Air tickets, hotel rooms, tours and the like cost more when you book them nearer your date of travel. Book early and you will usually get the best deals. So no matter when you want to travel, start considering your options now.

Indians have discovered many new destinations over the last few years. Eastern Europe is much in demand. So are the old Soviet republics, which offer great value for money. Sadly, in the decades since the W...