Insight
As of April 7, 269 events across the Gulf have been rescheduled since the Iran war began on February 28, with the UAE absorbing the heaviest blow: 17 cancelled, and 50 postponed.
Gulf Events Market Splits. Regional Attendees Push On, Western Delegates Pull Back
Summary
Geopolitical events are impacting the events and tourism markets across the Gulf region, with numerous event cancellations and postponements. The UAE has been hit hardest, with significant financial impact to the Meetings, Incentives, Conferences, and Exhibitions (MICE) market. Hosts in impacted areas may see lower demand from international travelers.
Key takeaway