Iran Conflict Costs Tourism $600M Daily, Seoul Hospitality Hits Breaking Point
Wednesday revealed crisis and constraint. WTTC analysis shows the Iran conflict is already costing travel and tourism at least $600 million per day as Middle East regional hubs processing 526,000 daily passengers face closures. Seoul's hospitality market reached a breaking point with international arrivals hitting 18.7 million while pandemic closures created structural room shortages, pushing luxury hotels toward KRW 1 million ADRs. Hilton launched an AI Planner using conversational intelligence for destination discovery.