Travelers shrug off declines in yuan value

Outbound tourists ride on agency packages whose prices are set months in advance

When the yuan fell to 6.58 to the US dollar, the lowest level in five years, on Friday, it marked the Chinese currency's 1.4 percent depreciation this year. Alarm bells rang in some sectors, but not in the tourism industry, which continues to remain sanguine.

For, the yuan's descent against the greenback is unlikely to hurt the market for outbound trips of Chinese tourists, experts said.