Insight
Booking in the UAE experienced "major cancellations" in Q1 and Q2 due to the Iran war.
Minor International Sees Q4 ‘Uplift’ for UAE Bookings After ‘Major Cancelations’
Summary
Following the Iran war, bookings in the UAE initially plummeted, leading to major cancellations for hotel operator Minor International. However, a slight uplift is now evident in Q4 as flight routes reopen, with guests rebooking instead of canceling completely and new bookings arriving. This trend offers a glimmer of hope for the region's hospitality market.
Key takeaway