Sun, 07 Jun 2026 Berlin 01:11 DE / UKR / EN

ifo Business Climate Index: Travel Providers Report Weaker Demand

The German travel industry is facing weaker demand due to a kerosene shortage and rising inflation, as reported by Zeit.

ifo Business Climate Index: Travel Providers Report Weaker Demand
Photo: img.zeit.de

The German travel industry is currently experiencing weaker demand. According to Zeit, the causes include a shortage of kerosene and rising inflation, which are increasing travel costs.

Companies in the sector express concern about the current market situation. Many providers report a decline in bookings, further straining the economic situation of travel providers.

The effects of the Iran war are clearly felt in the German travel sector. Uncertainties in the geopolitical landscape contribute to consumers' reluctance to book trips.