Capitals, April 4 (SANA) The escalating conflict in the Middle East is inflicting severe damage on the region’s tourism sector, with daily losses now estimated to exceed $600 million, according to industry data.
The widening war has disrupted international travel on a large scale, as security concerns and widespread airspace closures force airlines to cancel flights and travelers to rethink plans. The resulting shock has rippled across the sector, hitting airlines, hotels, and major tourist destinations.
The World Travel & Tourism Council (WTTC) estimates that the crisis is costing the region roughly $600 million per day. The losses are being driven by declining traveler confidence, flight suspensions, and operational disruptions at key airports.
WTTC President Gloria Guevara warned that even short-lived instability can carry significant economic consequences, affecting national economies, private businesses, and employment across the sector.
Data from the Airbnb travel website highlights the scale of the disruption. More than 80,000 short-term rental bookings in Dubai were canceled within a single week following the escalation of the U.S.-Israeli war on Iran. Meanwhile, aviation analytics firm Cirium reported that airspace closures have stranded around 4 million passengers.
The Financial Times had previously projected tourism spending in the Middle East to reach $207 billion in 2026, but the deteriorating security situation has sharply undermined those expectations.
Rising Costs, Falling Demand
The conflict is also pushing up oil prices due to instability around the Strait of Hormuz, driving higher jet fuel costs—one of the largest expenses for airlines. Combined with restricted airspace, this has reduced flight capacity, increased ticket prices, and forced carriers to cut schedules and cancel thousands of services.
European estimates suggest that if the conflict continues, tourism-related losses could surpass €40 billion, with international visitor numbers potentially falling short by 23 to 38 million compared to earlier forecasts.
Major regional hubs, including Dubai, Abu Dhabi, Doha, and Bahrain, have seen significant declines in transit traffic, disrupting key routes linking Europe with Asia and the Pacific. At the same time, travelers are increasingly shifting toward more stable destinations in Europe and the Mediterranean.
The impact is extending beyond the Middle East, as rising energy and transportation costs place additional strain on global travel markets and airlines already grappling with declining revenues and higher operating expenses.
Despite the sharp downturn, analysts say the sector could rebound relatively quickly if stability returns. Recovery will depend largely on government support and efforts to restore traveler confidence through enhanced security measures and improved services.
F.J./ABD