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How is the Iran Conflict Affecting Global Travel and Tourism?

2026-03-18 570 Dailymotion

Gloria Guevara, President & CEO of the World Travel & Tourism Council, and also former Mexican Secretary of Tourism spoke to CGTN Europe. The closure of major hubs like Dubai and Doha is impacting global travel and tourism, costing at least $600 million daily. The disruptions to air travel, reduced connectivity, and increased prices due to rising fuel costs are affecting demand. This has resulted in a shift of demand to safer destinations, with package holiday providers reporting a surge in demand for countries like Portugal and Italy. Gloria highlights the impact on connectivity, pricing, and insurance, emphasizing that this is a global crisis affecting the travel industry, which contributes to 10% of the global GDP.