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How Travel Learns from Crisis

How Travel Learns from Crisis

What are the key consumer and industry trends shaping travel and tourism? Understand the best-in-class innovations in technology, customer experience and sustainability to help you thrive in dynamic times

The US/Israel-Iran war has delivered the steepest shock to global travel since the pandemic. Over half of scheduled flights in the region were cancelled in the first two weeks, oil surged 30% to USD92.3 per barrel in March with projections reaching USD115 by July, and major hubs from Dubai to Doha saw capacity plunge by 55-85%. Yet every crisis reshapes the industry. The question is not whether travel will recover, but what strategic lessons will separate those that return stronger and gain a competitive edge in resilience.

Aviation under pressure, but not grounded

The war has had a global ripple effect on aviation and....

 

The article is the property of Euromonitor International, a market intelligence company, and you can find it here.

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EUROMONITOR INTERNATIONAL
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