Articles tagged “millennials”

Business Travel

Advisors Tap Into the Changing Consumer Behavior of Boomer Travelers

Despite all the marketing interest in reaching millennials, it may be the baby boomer generation that is the most likely business source for travel advisors. It’s a high-spending demographic that values interaction with those they can trust.
Business Travel

Luxury Brands Launch College Tours to Meet Maturing Gen Zers

Creating customized college packages is smart for several reasons: Parents are happy to pay for a less stressful experience and young affluent teens become comfortable with a brand during a critical and memorable moment, leading the way for future business.
Business Travel

How Millennials and Chinese Consumers Will Change Luxury Travel

Even if you think you've heard enough about millennials and Chinese consumers, it's worth keeping an eye on how both are reshaping the luxury travel industry — especially as brands are looking to target them in the coming years.
Business Travel

Millennials and Chinese Consumers Are Rewriting the Luxury Rulebook

The luxury goods market is going to be worth more than $450 billion by 2025 and many of its trends are relevant to travel as well. Younger consumers see brands in a different way than previous generations — and for them consistency is key.
Business Travel

The Plight of the Millennial Business Traveler

Business travel is obviously a great way to advance your career, but few talk about the negative effects like weight gain, stress, and problems with personal relationships. As younger professionals enter the workforce, more travel managers and corporate leaders should pay attention to the ways that business travel can lead to a problematic lifestyle.
Business Travel

Targeting a New Microgeneration of Luxury Travelers

Just when you started having it up to here with ballyhooed buzzwords like millennials, authenticity and experiential travel, along comes J. Walter Thompson with a whole new compendium of marketing terminology. Let's see what sticks.