S&P warns coronavirus travel restrictions could hurt Dubai’s hospitality industry

DUBAI (Reuters) – Dubai’s hospitality industry is most at risk in the Gulf Arab states region from being negatively impacted by travel restrictions associated with the new coronavirus outbreak, ratings agency S&P Global said in a research note. S&P said the travel restrictions could weigh on Saudi Arabia, the United Arab Emirates, Bahrain, Qatar, Oman and Kuwait. It said the UAE’s Dubai, which saw almost 1 million Chinese visitors last year, could see the biggest impact.

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