Soaring prices during the Iran war jeopardize travel to tourism-dependent countries in Asia
9 Articles
9 Articles
The Toronto Star
Soaring prices during the Iran war jeopardize travel to tourism-dependent countries in Asia
BANGKOK (AP) — With summer around the corner, soaring prices and other complications from the war with Iran are straining the tourism-dependent economies of countries in Southeast Asia, including Thailand
The Iran War Unexpectedly Boosts Tourism in Second- and Third-Tier Cities in the Asia-Pacific Region
Geopolitical tensions and rising travel costs have led many to scale back their travel plans this summer, opting for destinations closer to home. Demand for travel to smaller “second-tier cities” in the Asia-Pacific region has surged.
Although we are not at all at the point where kerosene will run out tomorrow in Europe, the fact is that the supply of one of the most important cost factors in aviation has become very vulnerable in a short time and very spectacularly. The crisis around the Strait of Hormuz has practically cut off Europe's decisive source of kerosene, while the continent needs a lot of imports, and the summer peak season is only now really picking up. The marke…
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