QUOTE(partha.desarkar @ Jan 21 2009, 10:59 AM)

I believe you are wrong. I am seeing it has affected tourist scenario in entire India and not in Mumbai alone.
Economic recession has small yet strong presence among travelers that can be seen from occupancy rate in starred hotels across continenets.
Partha
I think maybe those on escorted holidays, package holiday tours etc may well not be traveling to India. Without being too negative about them, they strike me as the type of people who do worry about terrorism and avoid anywhere they consider remotely edgy - hence why they are on escorted holidays in the first place.
However those who travel independently will be still traveling there. However it's unlikely they will be in "starred hotels", since they are on a budget and want to experience the place properly.