GCC faces $32 billion tourism loss amid Iran tensions

The Gulf Cooperation Council (GCC) Secretary-General, Jasem Albudaiwi, warned of a significant tourism decline across member states, potentially losing 8 million to 19 million tourists and $13 billion to $32 billion in revenue. This stark projection comes amidst escalating regional military tensions and what Albudaiwi described as "blatant Iranian aggression." He made these remarks during an extraordinary virtual meeting of GCC Tourism Ministers, emphasizing that the tourism sector, which recorded over 72 million tourists and nearly $120 billion in revenue in 2024, is a fundamental pillar for economic sustainability. Albudaiwi called for a move from traditional coordination to practical integration and proactive response to protect this vital industry. Saudi Minister of Tourism Ahmed Al-Khateeb reaffirmed the Kingdom’s commitment to Gulf unity and support for regional efforts in logistical coordination and air connectivity to ensure continued stability and visitor flow.