View image in fullscreen Loveholidays is reportedly delaying its London IPO due to the Middle East conflict. It comes as the tourism industry begins to count the cost of conflict in the Middle East. View image in fullscreen Tui said holidaymakers were re-routing their holidays away from the eastern Med to more familiar places such as Spain and Portugal. The disruption means the Middle East’s tourism sector is losing $600m (£448m) a day in visitor spending, according to estimates from the World Travel & Tourism Council, the global trade body. Before the conflict, the body estimated that international visitors would spend about $207bn in the Middle East this year.

Source: The Guardian March 14, 2026 16:54 UTC