Yolo that's what millenials are thinking
when they book their vacation make that
multiple vacations this generation is
known for their desire to travel and
that fact doesn't seem to be changing
anytime soon
hi I'm Taryn and today we'll show you
why millenials are the generation
driving growth in the travel industry a
new travel port report says young people
ages 18 to 34 are most likely to spend
more money on vacations than any other
age group but what does that actually
mean
break it down one out of three
Millennials are willing to dish out
$5,000 or more
on vacation that's the most cash any
other age group and Gen Z seems to be
following that same path an Expedia poll
shows Millennials travel the most 35
days each year to be exact but gen Z
isn't far behind
they take 29 days vacation each year and
when it comes to planning out those
travel plans this part's not surprising
Gen Z's are heavily influenced by social
media according to the poll almost 90%
say their planning and inspiration comes
from social networks like Facebook
Instagram and snapchat but where's the
money going exactly gen Z spent about 25
percent of their budget on flights
that's the most of any other age group
they also spend less on hotels than
other generations and are more likely to
consider alternative places to stay
then there's Gen X with other priorities
like you know family and work they're
the most travel deprived with only 26
vacation days per year but with the most
Americans ever holding passports in 2017
we could see even more people getting in
on the travel trend
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