War on Iran: Travel agencies face losses as Singapore tourists postpone Europe trips
Travel agencies in Singapore are facing mounting losses as tour groups cancel or postpone trips to Europe due to the Middle East conflict. With fewer flights passing through the region, operators say some travellers are reluctant to rebook amid uncertainty. One agency expects to pay about S$270,000 in cancellation costs. Holiday makers are now turning to destinations like China and Taiwan instead, driving up demand and airfares. Nasyrah Rohim finds out more.
Travel agencies in Singapore are facing mounting losses as tour groups cancel or postpone trips to Europe due to the Middle East conflict. With fewer flights passing through the region, operators say some travellers are reluctant to rebook amid uncertainty. One agency expects to pay about S$270,000 in cancellation costs. Holiday makers are now turning to destinations like China and Taiwan instead, driving up demand and airfares. Nasyrah Rohim finds out more.