Aaj TV English News - World https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Fri, 17 Apr 2026 12:41:30 +0500 Fri, 17 Apr 2026 12:41:30 +0500 60 Iran-US war puts $56 billion Middle East tourism industry at risk https://english.aaj.tv/news/330453440/iran-us-war-puts-56-billion-middle-east-tourism-industry-at-risk <p><strong>The Iran-US war is putting billions of dollars of Gulf tourism investment at risk, with the Middle East facing potential losses of up to $56 billion, according to a report, threatening an industry worth about $367 billion annually.</strong></p> <p>More than 300,000 British citizens are currently in the UAE, the report said, with over 100,000 having registered to return to Britain. Experts say the situation could mark the biggest air travel crisis since the coronavirus pandemic.</p> <p>Vacation rental cancellations in the UAE have doubled, with most bookings affected for March, the report said.</p> <p>More than 8,450 reservations have been cancelled, according to experts, as Turkiye and Azerbaijan emerge as alternative routes for Gulf tourists.</p> <p>Airlines and travel companies said passengers are redirecting travel plans to Portugal, Italy and Greece, while in Asia, travellers are opting for Thailand and Malaysia in search of cheaper accommodation.</p> The Iran-US war is putting billions of dollars of Gulf tourism investment at risk, with the Middle East facing potential losses of up to $56 billion, according to a report, threatening an industry worth about $367 billion annually.

More than 300,000 British citizens are currently in the UAE, the report said, with over 100,000 having registered to return to Britain. Experts say the situation could mark the biggest air travel crisis since the coronavirus pandemic.

Vacation rental cancellations in the UAE have doubled, with most bookings affected for March, the report said.

More than 8,450 reservations have been cancelled, according to experts, as Turkiye and Azerbaijan emerge as alternative routes for Gulf tourists.

Airlines and travel companies said passengers are redirecting travel plans to Portugal, Italy and Greece, while in Asia, travellers are opting for Thailand and Malaysia in search of cheaper accommodation.

]]> World https://english.aaj.tv/news/330453440 Wed, 04 Mar 2026 19:47:41 +0500 none@none.com (Web Desk) An Emirates plane with German tourists evacuated from the Middle East arrives from Dubai, amid the U.S.-Israeli conflict with Iran, at the airport in Frankfurt, Germany. – Reuters