Iran war threatens $11.7 trillion global travel industry as passengers get caught in crossfire

The Iran conflict exemplifies how regional instability can have far-reaching consequences on global industries, particularly travel. As safety concerns escalate, travelers may opt to cancel or postpone their plans, leading to substantial financial losses for airlines, hotels, and local economies reliant on tourism. The interconnectedness of global travel means that even distant destinations can feel the impact of such conflicts, highlighting the need for robust crisis management strategies in the tourism sector.