20 Things you should know about Millennials
List of facts that show how the group of young adults imagines a holiday.
List of facts that show how the group of young adults imagines a holiday.
Millennials have not only grown up with the Internet, cell phones and Co. and are therefore considered digital natives, they are also certified a high purchasing power. No wonder that millennials already account for 28% of the income in the hotel industry and 29% in the hospitality industry.
However, 90% of hoteliers and restaurateurs believe that their companies underestimate the expectations of millennials in the hospitality industry and are currently working hard to make their operations as future-proof as possible (83%). But what should hoteliers pay attention to?
A survey by Expedia reveals the 20 attributes that characterize the millennial generation when traveling. The millennials: Young adults born between the late 1980’s and the early 2000’s. Many companies are already adapting their orientation to the new generation and their needs. The reason: Millennials have a formative effect on future markets. This also applies to the hotel industry, since at the latest from 2018 they will spend more money on traveling than the generation of baby boomers. The following 20 facts show how the group of young adults imagines a holiday and what is important for them when traveling.
If you don’t know by now, millennials love travel and produce 28% of income in the hospitality industry. 2 out of 5 millennials said their holiday decisions are driven by hotel and travel pictures.
Things you should know about Millennials – Conclusion
It is precisely these 20 facts that apply to millennials that give the travel industry a whole new set of ideas and expectations that travelers have for the future. A survey by the Priceline Group shows what travelers expect in the future from technology in hotels and co. We are curious about what the future will bring us and we are already arming hotels with better.hotel for the coming challenges.
How Are Millennials Different From Other Generations?
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