AWAZE News & Analysis

Awaze Reports Increased UK Holiday Bookings Amid Iran War

Following the outbreak of war in the Middle East in February, holiday companies in Suffolk reported a rise in domestic holiday bookings. Awaze, a major holiday rental group, saw a significant increase in bookings over Easter. Concerns over uncertainty related to international travel and costs have prompted travelers to opt for UK stays. The International Monetary Fund warned of a recession risk due to ongoing conflicts and high energy prices. The Strait of Hormuz has been closed for over six weeks, impacting energy supplies, though UK airlines reportedly face no immediate disruptions.