The tourism and travel industry between caution and optimism
- 4/20/2026
- 13 H
The German Travel Association (DRV)
emphasizes the importance of travel as a stabilizing factor in a globally
interconnected world and the resilience of the travel industry.
In light of geopolitical tensions and economic uncertainties,
the travel industry faces significant challenges. At the same time, Germans’
desire to travel remains strong. Albin Loidl, President of the German Travel
Association (DRV), made this clear in his opening address at the DRV Annual
Conference, delivered before an audience of approximately 350 participants in
the Azores.
“Global mobility cannot be taken for granted. It is
vulnerable,” says Loidl. Current conflicts, particularly the war in the Middle
East, are having a noticeable impact on international travel and are causing
uncertainty worldwide. “Experience shows that such crises have a dampening
effect on travel behavior in the short term. However, we do not see a
structural decline in demand,” says the DRV president.
Nevertheless, a closer look at the economic impact
reveals a more nuanced picture: Demand for travel remains strong, though
booking patterns have changed. “Demand is materializing later,” explains Loidl.
Provided the geopolitical situation continues to ease following the agreed ceasefire,
stabilization and catch-up effects in bookings are more likely in the coming
months than a sustained decline in travel activity.
Travel as a Stabilizing Factor
In addition to the economic challenges, Loidl
highlighted the social significance of tourism. In many regions of the world,
tourism is a key source of income.
“Travel is not a luxury in the strict sense—travel is
a stabilizing factor in a globally interconnected world,” explains the DRV
president. A decline in tourism has direct implications for economic stability
and social development, and thus for entire societies.
The Need for Security Boosts Organized
Travel
Rising energy prices, inflationary pressures, and
economic uncertainties are changing consumer behavior and leading to more
conscious decisions—including when it comes to travel. “Travelers are looking
for value for their money, reliability in planning, and support in case of the
unexpected,” says Loidl. “This increases the importance of organized travel
packages. Package tours and personalized advice are becoming increasingly
relevant.”
For travel agencies, this presents a clear
opportunity: “But the future of travel agencies lies not in price competition,
but in their expertise.” Individual, complex travel remains the area where
professional advice offers real added value.
Politics Must Take Responsibility
The DRV President notes positively that the importance
of outbound tourism is being recognized by policymakers. At the same time, he
calls for an economic policy that, despite all the difficulties in global
politics, boosts economic strength and, with it, consumer confidence.
With regard to the political framework, he said it is
time to implement the announced measures. These include, among other things,
reducing bureaucracy, providing tax relief, and strengthening Germany’s
position as an aviation hub in the international competitive landscape.
Actively Shaping the Transformation of the
Travel Industry
Despite current challenges, the DRV views the industry
as resilient and well-positioned.
Alongside geopolitical risks, economic uncertainties,
and high costs, new technologies, innovative business models, and a continued
desire to travel present enormous opportunities. “Change is not just a
challenge—above all, change is an opportunity,” says Loidl.
In this context, the DRV President emphasizes the
importance of the next generation and the ten Young Talents who traveled to the
DRV Annual Conference: “This young generation, these highly motivated young
people, represent new ideas, new perspectives, and a willingness to think
differently and act differently.”







