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Band 1 - Domestic: Kerala, Goa, Rajasthan, Himachal, J&K are popular choices
Band 2 - Sri Lanka, cheap SE Asia (Thailand, Vietnam, Cambodia etc), cheap ME (Dubai)
Band 3 - Expensive SE Asia (Singapore), expensive ME (Israel, Jordan), west Asia
Band 4 - Eastern Europe, Cheap North Asia (China, HK, Russia), most parts of Africa
Band 5 - Western Europe, USA, Canada, Expensive North Asia (Japan, Korea)
Band 6 - Australia, NZ, cruises
Band 7 - South America, Caribbean Islands, luxury cruises
Band 8 - South pole, Alaska, Greenland
Band 9 - Outer space
Band 9 will be a future possibility. Many partners choose Band 7 and 8 destinations but would also travel to Band 6 destinations. SAs and PAs plan band 3 to band 5 destinations but would occasionally choose to go to band 6 destinations as well (compromising on accommodation). Most law firm associates go to band 2 to band 4 destinations quite easily; some going for band 5 as well.
Disclaimers: 1. These are general trends, don't reply and say I'm an associate but I went to xyz place. Exceptions will always exist.
2. Also, these bands are formulated based on standard 3 to 4 star accommodation and typical itineraries.
3. There will always be people who will back pack to expensive destinations on a relatively small budget. This analysis is not meant to include those people.
4. This analysis assumes you are paying for your own trip. If you come from a rich family, this analysis doesn't hold good.