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The Independent UK
The Independent UK
Simon Calder

Iran war costing travel industry £450m per day – but ‘quick’ recovery predicted

United States Gulf Iran Dubai Emirates The Independent WTTC
Welcome back? Tourism to Dubai has collapsed despite attractions such as the world's highest building, the Burj Khalifa - (Simon Calder)

The escalating conflict in the Middle East is causing massive losses for the travel and tourism industry, a new study reveals.

The World Travel & Tourism Council (WTTC) estimates the US and Israeli assault on Iran, together with Tehran’s retaliatory strikes on Gulf nations, has cut international visitor spending across the Middle East by at least US$600m (£450m) per day – around £20m per hour.

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