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