Mideast war impact on travel bookings fading, TUI says
AI Summary
Despite ongoing Mideast war, German travel giant TUI reports travel bookings are returning to normal levels. However, European tourism faces challenges such as soaring jet fuel prices linked to the US and Israeli war against Iran, alongside heatwaves and wildfires in several countries.
German travel giant TUI said Wednesday that bookings were returning to normal levels despite the ongoing Mideast war, as it presented its latest financial results. Tourism in Europe is experiencing a turbulent summer marked by soaring jet fuel prices because of the US and Israeli war against Iran, as well as heatwaves and wildfires in Spain, France, Portugal and Greece.