Travel habits of millennials

Lifestyle Among the key findings in TripAdvisor’s annual global study, young people spend less on travel, are more enticed by deals and sometimes don’t even know where to go. 10 Jan 2019 06:28AM (Updated: 10 Jan 2019 10:21AM) Bookmark When it comes to accommodation, baby boomers spend an average of S$1,540 – twice as much as millennials, who had a more frugal expenditure of S$675.This was one of the findings from a global study recently released by TripAdvisor.The annual TripBarometer polled over 23,000 respondents from 33 markets around the world, and there was a significant difference in the travel habit of the young and not-so-young.Younger travellers are more likely to be enticed by deals, with 16 per cent of respondents aged 25 to 34 even rethinking their itinerary due to savings. The older you get, the less tempted you are by promotions. Only nine per cent of those above 65 admit to being swayed by travel … [Read more...] about You knew it: Millennials and their parents are very different travellers

Millennial travellers spend way less on accommodation compared to baby boomers – except when it comes to luxury travel, when they are just as willing to pay a little more.This was one of the findings from a global study conducted by TripAdvisor, which was recently released.The annual TripBarometer polled over 23,000 respondents from 33 markets around the world, and there was a significant difference in the travel habit of the young and not-so-young.When it comes to accommodation, baby boomers spend an average of S$1,540, twice as much as millennials, who had a more frugal expenditure of S$675.When it comes to splurging, however, both age groups are prepared to loosen the purse strings. Slightly over half of those polled from both groups said they were prepared to pay a little more for a luxury trip.Meanwhile, younger travellers are more likely to be enticed by deals, with 16 per cent of respondents aged 25 to 34 even rethinking their itinerary due to savings. The older you … [Read more...] about Millennials’ travel habits are way different from their parents: Study

Since the early 2000s, Hollywood has shown how a consumptive culture causes destructive addictions. In some cases, these addictions can even become “contagious”. A case in point is Confessions of a Shopaholic. Through this film, Rebecca Bloomwood (Isla Fisher) portrays the millions of cinema-goers who share her habit of using credit card debt to fund an obsessive lifestyle. Meanwhile, The Joneses depicts a consumptive lifestyle by a harmonious and wealthy family who push their neighbors to buy the luxury products that they show off. These Hollywood predictions haunt the millennial middle class in Indonesia. The Boston Consulting Group (BCG) has stated that in 2012 the number of middle-class and affluent consumers (MAC) in Indonesia was 74 million people, and predicted that this number would continue to increase to 141 million people in 2020. The middle class has always been known as the engine of change, especially in relation to economic and social changes in the history … [Read more...] about Millennials under threat of ‘affluenza’