Millennials will travel more than their older counterparts in 2015, according to Hotwire’s 2014 American Travel Behavior Survey.
More than any other age group, approximately one-third of Millennials intend on traveling more in 2015. Those aged 18-34 are more likely than their older counterparts to take one or two large vacations in 2015 (35 percent versus 23 percent of those ages 45-54) and intend to be more deal conscious when booking travel in 2015 (24 percent versus 16 percent of those ages 65-plus). Younger adults ages 18-34 (70 percent) are more likely to have any money in their travel budget each year than those ages 45-plus (55 percent).Â
“Millennial travelers are impacting the travel industry in a big way, particularly given their overall excitement and interest in taking more trips,” says Henrik Kjellberg, president of the Hotwire Group.Â