Deepthi Nair

📅 Majestic Hotels in Dubai reported 70-75% cancellations over the next two to three weeks due to the emerging war in the Middle East. The company manages 450 keys across three properties. Eid al-Fitr, expected to boost travel around March 19-20, faces disruptions. Major hotel brands like Hyatt and Accor haven't commented, but smaller operators highlight the sharp slowdown in forward bookings, impacting the travel and hospitality sector.

📅 On Sunday, Iran launched missiles and drones across the Gulf after the killing of Supreme Leader Ayatollah Ali Khamenei by the U.S. and Israel. 📍 Dubai and Abu Dhabi are now at the center of Middle East tensions, threatening travel and business. 📈 Wego's CEO, Ross Veitch, noted increased rebookings, cancellations, and inquiries on travel platforms due to flight disruptions and airspace closures. This instability could deter both leisure and corporate travel in the region.