# Hospitality and tourism: Chokepoints and risks

Hotels, restaurants, airlines, attractions and booking sites serving travellers

Source page: https://www.materialinsights.org/industries/hospitality_tourism/risks/

#### Chokepoints and risks

- Conflict and geopolitics: WTTC estimated in 2026 that the conflict in Iran was costing the sector about US$ 600 million a day in international visitor spending^[4](https://www.asianhospitality.com/report-travel-and-tourism-hits-11-6t-in-2025/).
- Jet fuel prices and aircraft delivery delays limit air capacity and fares on which most long-distance tourism depends.
- India relies on domestic travellers for 86% of tourism spending, so its international share is small for a country of its size^[2](https://wttc.org/news/india-unlock-international-demand-become-leading-player-global-tourism).
- Distribution concentration: Booking and Expedia take about 85% of OTA hotel bookings in Europe, and three GDS firms carry almost all GDS air bookings^[5](https://assets.publishing.service.gov.uk/media/5e8f17e4d3bf7f4120cb1881/Final_Report_-_Sabre_Farelogix.pdf)^,^[6](https://www.travelextra.ie/booking-com-has-66pc-market-share-of-hotel-bookings/).
- Water stress, heat and over-tourism at popular destinations raise costs and invite visitor caps.

## Other sections

- [Overview](https://www.materialinsights.org/industries/hospitality_tourism/index.md)
- [Where ₹100 goes](https://www.materialinsights.org/industries/hospitality_tourism/cost-mix/index.md)
- [Price links with suppliers](https://www.materialinsights.org/industries/hospitality_tourism/price-links/index.md)
- [Example story](https://www.materialinsights.org/industries/hospitality_tourism/story/index.md)
- [Linked industries](https://www.materialinsights.org/industries/hospitality_tourism/linked-industries/index.md)
- [Value chain](https://www.materialinsights.org/industries/hospitality_tourism/value-chain/index.md)
- [Materials drawn on](https://www.materialinsights.org/industries/hospitality_tourism/materials/index.md)
- [Sources](https://www.materialinsights.org/industries/hospitality_tourism/sources/index.md)