According to Jonny Bealby of tour operator Wild Frontiers, the new houseboat Lotus brings an added level of comfort to the backwaters of Malabar in northern Kerala—and not just because of the air-conditioning. The two guest rooms have handmade teak furniture and private verandas for your journey. If you prefer to explore by car, head five hours south from Kochi to Kovalem, a fisherman’s beach fringed with coconut groves. Or, head east to the mountainous area of Munnar, studded with tea plantations, including Kolukkumalai Tea Estate, one of the world’s highest. Wherever you roam, you can stretch your dollars farther as the rupee has fallen in value.