When the Asian currency contagion started, there was initially a flight of funds from East Asia to India.

CNN: Booking a Passage to India

Rising volume along with higher prices for flight tickets and hotel rooms helped the company in the second quarter, along with a favorable impact from currency translation. (Read Boeing Looks Good: Sales Taking Off, Outlook Raised, Dreamliner On Deck).

FORBES: Expedia Rocks It On Strong International Performance