Up, up and away with the Millennials


Millenials

Adventurous, connected and always on the move, the Millennials (aged 16-34) have become priority number one for the entire travel industry. By 2020, they’re set to account for nearly half of the workforce, and are already on track to outspend the baby boomers by 2030.

The Millennial generation will form the core target audience for airlines, hotels and travel companies in the next five to 10 years. According to the BCG their spending on business flights is projected to reach 50% of the total by 2020 and their leisure travel activity will have a major impact on the travel and tourism industry.Read More

 

Published in: Minnesota Daily

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About hospitalitytechnology

Technology is making greater and greater inroads into our lives. Right from when we wake up in the morning to when we head to sleep – we cannot imagine a life without the gadgets and gizmos that make life easy and interesting. When we travel and stay in hotels, our expectations are no different. We expect all the technological amenities we easily access at home if not more. The hospitality industry in increasingly accessing technology to wow guests, optimize their use of manpower, control hotel functions in an integrated manner and on the whole reduce costs while increasing efficiency. This blog is meant to track these technological changes happening in the hospitality sector. The growing move towards sophisticated hotel ERP, the growing use of cloud computing, the rapidly changing customer facing devices – smart phones and iPads, the increasing security concerns and more. Expect to find interesting articles, whitepapers, thoughts, and observations. Feel free to comment and even mail us content that you don’t mind posted here. Happy reading!
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