Europe out, Maldives in: How the Iran war is affecting tour operators

AI Summary

The ongoing conflict in the Middle East has led to a drastic decrease in travel bookings to European destinations, with reports of reductions between 75 to 80 percent. However, tour operators note that there is a potential recovery on the horizon as conditions slowly improve.

Falls of 75 to 80 per cent in bookings in the first few weeks of the Middle East war were “pretty standard” given the uncertain times, travel industry executives say. But things are looking up.