Greg Abbott was planning his summer holiday with half an eye on the Iran war. He intended to stay closer to home in Europe and was lining up a plan B, wary of rising air fares and cancellations. The 54-year-old Britain-based Australian was planning a cycling trip with friends in Austria, a festival in Barcelona and possibly a yoga retreat in France. But he did not want to go too far and was keeping travel options open. “We’ll almost certainly be doing short-haul Europe, and almost certainly be doing trains, because they run on electricity,” said Abbott, head of operations for a broadcasting company, adding cost was a key factor against longer trips. “The prices are just crazy at the moment.” Across Europe and beyond, tourists are reshaping plans in a world of $100 oil, tight jet fuel supply, higher costs and Middle East conflict disrupting popular routes. Many are booking later and building in flexibility. “We observe travellers becoming more cautious and deliberate,” said Susanne...
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