Travel plans among Gujarati travelers are being curtailed significantly due to the ongoing US-Israel-Iran conflict and anticipated volatility in the stock market. Travel agencies report a staggering 60-70% drop in advance bookings for summer trips to Europe compared to last year. Karan Vakharia, COO of Pathfinders Holidays, noted that this cautious approach stems from the impact of the conflict on travel routes and financial markets, leading to a 35-40% overall decline in business. Additionally, the stock market's poor performance, particularly in March 2026 when the Nifty fell by 11.4%, has made travelers hesitant to spend. The trend extends to major life events, with event planner Mihir Ranpara observing a significant reduction in budgets for weddings and celebrations, as many are now opting for domestic venues instead of international ones. Despite the downturn, some travel experts anticipate a rebound in last-minute bookings, particularly for Eastbound destinations like Japan and Thailand. Rajiv Mehra, from the Federation of Associations in Indian Tourism and Hospitality (FAITH), believes this downturn is temporary and that Gujarati travelers will return to international travel once stability returns.