Viking CEO: Middle East Conflict Hasn't Derailed Travel -- Market Talk

Dow Jones
Mar 04

1615 ET - Viking Holdings CEO Torstein Hagen is brushing off concerns that the widening conflict in the Middle East will derail consumer demand, even as the situation rattles broader travel shares. Hagen told analysts that while investors may be on edge, the cruise line operator's core guests remain undeterred. "People are very fairly relaxed about all this," Hagen says, noting that only about 2% to 3% of Viking's capacity is based in the region. "I think our guests are really quite well-versed in where bad things happen. We don't minimize it, but I think things come and things go, and we will deal with it," he adds. Viking shares rose 3.2%, reversing some of Monday's losses. (amira.mckee@wsj.com)

 

(END) Dow Jones Newswires

March 03, 2026 16:15 ET (21:15 GMT)

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