Middle Eastern "tycoon" stood up, no one stayed at the $50,000 per night suite.

According to a recent report by the Financial Times, luxury hotels in London are facing difficulties with their source of customers: due to the impact of the US-Iran conflict, the booking volume of wealthy Middle Eastern tourists has significantly decreased, making it difficult to sell the most expensive rooms. The Lanesborough Hotel, located in the central West End of London, charges nearly 6000 per night for a suite. General Manager Stefan Sennheiser stated that business has plummeted dramatically since the conflict broke out two months ago. Stuart Procter, CEO of the Beaumont Hotel in the upscale neighborhood of Mayfair, London, said that the hotel industry is going through a "difficult period." Data from tracking agency Lighthouse Intelligence shows that prices at five-star hotels in London have decreased by 13% during the period from March to July of this year compared to the same period last year. Recently, several well-known hotel managers in London, including Claridge's and The Connaught, held a meeting to discuss the significant impact of this conflict. The war has severely affected Gulf economies such as the UAE, and flights to and from the region have been disrupted.