With the world’s eyes on Ukraine, it’s not surprising that travel firms have seen a slowdown in sales for the first time this year.
Travel agents are reporting a “nervousness” from customers, according to Travel Weekly. Travellers are hesitant about where and when they choose to travel. But the extent of the damage to travel businesses will only become clear around Easter, when summer holiday bookings traditionally peak.
“The conflict could add much pressure to an already challenging economic environment and weigh on travel demand in 2022,” the UN World Tourism Organisation (UNWTO) tells Euronews Travel. The recent spike in oil prices and its adverse effect on economies, “could translate into
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