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Even rich travellers are complaining about spiking prices

If the conflict in the Middle East escalates, then travel more broadly could be curtailed.

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The big spenders who have buoyd the travel industry are balking at costlier holidays.

Many people indulged their wanderlust for the past five years, and they may dial back some of their vacation plans. The travel industry can’t count on pent-up demand now.

PHOTO: REUTERS

Andrea Felsted

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In March, Mr Nick Fry tried to make some changes to a couple of upcoming trips.

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