As a luxury hotel destination, your marketing portfolio would not be complete without strategies targeting the youngest of travelers. A national survey conducted by Preferred Hotel Group to identify emerging trends in multigenerational travel has uncovered the significant impact that younger travelers have on destination and booking decisions.
“While the growth of multigenerational travel has been a buzz in the hospitality industry for several years, shifts in the economy, new technology, and even contemporary parenting have had a measurable impact on how multigenerational travel is packaged, planned, taken and paid for,” says Lindsey Ueberroth, President & CEO of Preferred Hotel Group, a global collection of independent hotels and resorts. “This is multigenerational travel ‘2.0.’ And these days, children are calling the shots, grandparents are increasingly funding the cost of the trip, and an overwhelming percentage of Millennials – 91% of those surveyed – say a multigenerational trip is something they try to take every year.”
Study Outcomes
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