Booking Holdings CEO Says Middle East Conflict Weighs on Travel Demand
Booking Holdings CEO flags that the Middle East conflict is pressuring long-haul international travel due to elevated airfares and reduced airline capacity, while domestic and intra-regional trips stay healthy.
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Booking Holdings CEO noted that the ongoing Middle East conflict continues to weigh on overall travel demand.
The CEO highlighted pressure on long-haul international travel, citing elevated airfares and reduced airline capacity as key factors. In contrast, domestic and intra-regional travel remain relatively healthy.
Source: First Squawk