US travel-related shares tumble amid Mideast escalation

Travel-related stocks drop as escalating conflict between the U.S., Israel and Iran disrupts global flight routes and shuts key Middle Eastern hubs, casting gloom on the sector

Cruise operators Norwegian Cruise Line NCLH.N down ~11%, Carnival Corp CCL.N down ~7%, Royal Caribbean RCL.N down 3%, Viking Holdings VIK.N down ~5%

Cruise lines have halted Middle East itineraries for now, with ships adjusting routes and adjusting operations in coordination with security authorities to ensure the safety of guests and crew - Cruise Lines International Association

NCLH monitoring conflict in Iran and broader region, but does not expect any impact, as its ships are not operating in the affected parts of the Middle East - NCLH spokesperson

However, NCLH, which forecast muted 2026 profit, warns of uncertainties around fuel costs this year due to escalating geopolitical tensions

U.S. airline shares also drop as Mideast escalation triggers flight chaos