Rotana CEO: Increase in last-minute bookings in the Gulf region, Q4 performance difficult to predict
Rotana CEO Philip Barnes said that due to uncertainty from the US-Iran war, the booking window in the Gulf region has narrowed, and confirmed business volume for Q4 is significantly lower than the same period last year, but August and September also had sparse bookings yet performed well, so current data cannot indicate the quarter's trend. Source markets such as Russia and Germany are beginning to return, but have not yet recovered to pre-war levels; China and India are also important supports for the region.