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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Tui cuts profit forecast as effects of Iran war cost travel group €40m

People look out from a Tui cruise ship docked in Doha, Qatar, on 2 March 2026
A Tui cruise ship docked in Doha, Qatar. The group was forced to bring home 5,000 guests from two cruise ships anchored in Doha and Abu Dhabi. Photograph: Hannibal Hanschke/EPA

The Iran war has cost the travel company Tui €40m (£34.7m) so far, including repatriating almost 12,000 holidaymakers and staff, and forced it to cut its profit forecast for this year.

Europe’s biggest holiday operator said it had taken the hit in March owing to the impact of the conflict in the Middle East, as it was forced to bring home 5,000 guests from two cruise ships anchored in ports in Abu Dhabi and Doha.

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