TUI hit by Iran war costs

TUI also suspended its revenue guidance for the year, citing increased uncertainty and a shift toward last-minute bookings by cautious consumers.

The repatriation effort included thousands of passengers from cruise ships anchored in Abu Dhabi and Doha.

Despite the disruption, the company noted that demand for Eastern European destinations has remained resilient.

The financial impact highlights the broader vulnerability of the tourism sector to geopolitical shocks in the Middle East.