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Travel News Releases
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(I-TravelNewswire.Com, February 17, 2018 ) An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Millennial Traveler Insights: Understanding the motivations and behaviors of millennial tourists” which provides insight into understanding the motivations and behaviors of millennial tourists. It offers profile and demographic preferences of millennial travelers. The report shades light into future prospects and provides actionable insights.
Get a free sample report@ https://www.marketresearchhub.com/enquiry.php?type=S&repid=1555684
Globally, millennial travelers constitute around one-fifth of international tourists and generated annual tourism revenue of US$180 billion in 2016, grew at a CAGR of 30% during 2007-2016. About three-fifths of the world’s millennials are from Asia and out of this cohort, 33% are from India or China. In the US, the world's second-largest source market for international travel, millennials account for more than 50% of the total workforce.
Scope: - Millennials are tech-centric, and digital technology profoundly influences them. Millennials prefer to live in a connected world filled with digital media because it is convenient, secure, user-friendly and cheaper, and when it comes to travel, digital technology plays the most significant role. - 55% of millennial travelers were keen to extend their business trip in the interests of a leisure trip. The growing proportion of millennials in workforce will continue to support the growth of bleisure trips. - Millennial travelers are a lucrative segment of because of their spending potential. Companies need to influence millennials perceptions and connect them with their brands by understanding their particular travel habits and preferences. - Based on their travel experiences, the majority of millennials promote their brand preferences on behalf of brands by sharing on social media or through peer reviews. - Having grown up in the internet era, social media and smartphone use helps millennial traveler’s access readily available online resources, making them more self-empowered and helping them to better understand and experience a country’s authentic culture.
Reasons to buy: - Take strategic business decisions by understanding the motivations and behaviors of millennial tourists - Gain strategic insights on the millennial traveler’s market - The report gives the reader a clear understanding and actionable insight into where there are future opportunities.
Browse full report with detailed table of content @ https://www.marketresearchhub.com/report/millennial-traveler-insights-understanding-the-motivations-and-behaviors-of-millennial-tourists-report.html
Table of Content: Overview Smart Packaging Simple Packaging Take Outs and Future Outlook Appendix …………continue
Enquire about this report @ https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1555684
About Market Research Hub: Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of retail market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients and customers.
Contact Us: 90 State Street, Albany, NY 12207, United States Toll Free: 800-998-4852 (US-Canada) Email: press@marketresearchhub.com Website: https://www.marketresearchhub.com/ Read Industry News at- https://www.industrynewsanalysis.com/
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Source: EmailWire.Com
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