Insight
The week of Eid al-Fitr, which falls on March 19-20, was expected to be busy, but bookings are being affected.
Iran War Causing Sharp Shock To UAE Travel
Summary
The ongoing Middle East conflict is causing significant disruption in the UAE travel sector, with major cancellations hitting hotels and other hospitality businesses. Majestic Hotels reports 70-75% cancellations in the next few weeks. The Eid holiday period, usually a peak travel time, is also heavily affected.
Key takeaway