Facebook.  Snapchat. Airbnb. easyJet, TripAdvisor. Tinder. Instagram. What do all these have in common? Yes, they’re all popular apps and websites (some apps never even had to bother to build their own webpage…that’s SO 1999!). They have also coincided with, and been driven by a generation: the Millennial generation.

Born during the 80s and 90s and consuming independently (as teenagers and post-teens anytime after the year 2000), the Millennium generation has, consistently broken with tradition and found new ways of living, working and of course, traveling; something that’s proved hard for major global corporations to keep up with, never mind tourism destinations.

While it’s hard to define the traveling behavior of an entire generation (though this Huffpost article does makes a good attempt), probably the characteristic that defines them the best is the way they have grasped technology and used it to their advantage: to get instant recommendations from friends, to find cheap (or free) accommodation, to escape the crowds and to meet new people.

Of course, all ages are able to enjoy the same access to apps and web platforms that allow these things to happen, but Millennials are the first generation to have grown up with the internet 24/7 so the web is the first port of call when looking to solve any travel related issue, before, during and after the journey.

As well as being the first generation to grow up in the era of ‘internet everywhere’ this generation, in Europe and North America at least, entered adulthood as the global economic crisis took hold. House prices rose, banks stopped handing over credit like they used to, and whole industries (and with them, job opportunities) have moved to far-away lands. All this has created a sense of doubt among Millennials that they will enjoy the same economic prosperity that their parents did. No matter though, because fortunately this is also the generation of #YOLO (you only live once) and the travel industry has noticed this, with Millennials traveling a lot, spending more than their parents, and seeking intense experiences everywhere they go.

All this undoubtedly creates a complex picture for anyone looking to define their tourism business or destination’s strategy for capturing and nurturing the Millennials market.

This blog post is from   http://www.toposophy.com/insights/insight/?bid=393

Posted by Jordi Pera

Jordi Pera is an economist passionate about tourism, strategy, marketing, sustainability, business modelling and open innovation. He has international experience in marketing, intelligence research, strategy planning, business model innovation and lecturing, having developed most of his career in the tourism industry. Jordi is keen on tackling innovation and strategy challenges that require imagination, entail thoughtful analysis and are to be solved with creative solutions.

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