Millennial Travel Spending at Traveling

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Millennial Travel Spending. Qsample conducted a survey to understand millennials' travel spending habits. While 15 percent of women planned to spend more than $5,000 on their vacations in the next twelve months, 37 percent of men planned to spend more than $5,000 on their vacations.

Stats Millennials to Travel 35 Percent More in 2017
Stats Millennials to Travel 35 Percent More in 2017 from www.travelagentcentral.com

They spent $4,594 on vacations in the past 12 months with an average of $1,312 on each vacation. Within the next 5 to 10 years, the millennial generation’s expectations of business travel are expected to rise as they enter the peak of their earning and spending potential. As of january 2020, the spending power of millennials was estimated at $2.5 trillion annually by ypulse.

Stats Millennials to Travel 35 Percent More in 2017

61% of millennials believe now is the right time to start thinking about investments. Working millennials with kids are 44% more likely to travel for the holidays. Consistent with millennials’ prioritization of experiences over other purchases, their travel spending often outpaces spending on other items. We surveyed over 400 respondents on their.