Millennials Make Travel Their Priority, According to Hipmunk
Hipmunk Releases Third Annual Millennial Travel Survey
/EINPresswire.com/ -- SAN FRANCISCO, CA--(Marketwired - March 09, 2016) - Always-connected, highly-mobile millennials are forging new norms for leisure and business travel, making technology, in-the-know experiences, and adrenaline-rush adventures-not cookie-cutter vacation packages-some of the most striking hallmarks of the way they explore and enjoy their world.
That's a finding from the third annual survey of millennials' and older generations' travel habits and preferences, released today by Hipmunk, the travel search site with the most comprehensive range of travel choices.
"Hipmunk is a company built by and for younger travelers, and we understand their travel patterns better than anyone else," said Adam Goldstein, 28, Hipmunk CEO and co-founder. "Our site and app attract people who are younger, on average, than other big online travel brands. We have a unique vantage point into this generation."
When they do hit the road, millennials see themselves as explorers, not tourists. They disproportionately favor vacation rentals over hotels, cities over beaches, and grab travel opportunities whenever they can, such as topping off business trips with leisure travel.
"Travel is a key part of millennials' identity," Goldstein said.
Here are five key takeaways:
Mix Business With Pleasure, Please!
Millennials do more business travel than any other age group, and they take advantage while they can:
- They work on the road. 38% of millennials travel for business, while just 23% of Gen Xers and 8% of boomers say they do.
- And will do so even more. 80% are going to travel more for work in 2016 than 2015 (compared to 60% and 45% of Gen Xers and boomers respectively)
- They stay in vacation rentals. Seventy-four percent of millennials have stayed at a vacation rental (such as those available through Airbnb) on a business trip, an experience shared by just 38% of Gen Xers and 20% of boomers.
- They perfected bleisure. 81% will probably add extra time to a business trip (compared to 56% and 46% of Gen Xers and boomers respectively).
"Millennials already dominate business travel, and they're doing it in a different way than the previous generation. Hotels should take notice," Goldstein said. "`Bleisure' may sound like a contagious disease, but it's a real phenomenon, and Millennials are making vacation rentals a viable option for their business trips."
Keep Me Connected
Millennials' astute use of the Internet and social connectivity informs their travel preparation, and how they live when they're on the road.
"Millennials edge out other generations in their desire to be connected. This generation is connected 24-7, and that's clear in the way they treat every stage of their travel," said Goldstein.
- They're savvy with travel tricks and tools. One-half of millennials say they're "travel hackers," meaning they know all of the best sites and methods to get the best travel deals, while just 26% of Gen Xers and 12% of boomers share that sentiment.
- They stay connected always, in all ways: Whether flying for business or pleasure, Wi-Fi is the coveted in-flight amenity (41% and 46% of millennials says it's the most important amenity for leisure and business travel respectively, topping entertainment systems or premium economy). Fast, free Wi-Fi is the favorite hotel perk for leisure travel (cited by 28% of millennial respondents). And fully one in ten say Wi-Fi trouble is their worst travel nightmare, topping extrem turbulence, lost luggage or an emergency landing.
- They get travel ideas from social media. Forty-four percent of millennials get travel inspiration from YouTube videos and 28% from Instagram. While just 18% of Gen Xers and 6% of boomers turn to YouTube, and 7% and 1% of Gen Xers and boomers to Instagram respectively.
Skip the Agony (and the security line)
Millennials will go the extra mile -- or pay a little more -- to remove friction points that make travel frustrating.
- They're more likely to use pre-check services like TSA/Clear: 31% of millennials say they'll do so this year, vs. 24% of Gen Xers and 23% of boomers.
- They'd like to avoid the agony of a crying baby in flight. Half say they'd be willing to pay more for a child-free flight.
Bye-Bye Beach, Hello Bucket List!
The younger the traveler, the more likely he or she eschews the label of "tourist" when on the road, suggesting younger generations want to experience different cultures authentically, not just to observe them. The study found that 38% of millennials surveyed consider themselves to be explorers rather than tourists, compared to 30% of Gen Xers and 24% of boomers.
And this year, millennials say they are planning monumental, remember-it-forever travel.
- They're ready for a big adventure. 65% of millennials claim they are checking something off their bucket list this year, compared to just 35% and 21% of Gen Xers and boomers respectively.
- They crave nature. While beach vacations and theme parks remain popular destinations across generations (37% of all respondents say they'll head to the shore this year and 23% to Disneyland and its ilk), millennials seek out outdoor and activity-based trips more frequently.
- Thirty-four percent of millennials will enjoy Mother Nature's company (e.g. camping or hiking), while only 27% and 16% of Gen Xers and boomers respectively will join them. And nearly one-in-five millennials (18%) will indulge in adventure sports like skydiving or snowboarding, a risk just 6% of Gen Xers and 1% of boomers plan to take.
- They're ready to go anywhere, anytime. 75% have a valid passport from the United States and/or another country vs. 49% of Gen Xers and 40% of boomers.
- They cross the border. Sixty percent of millennials will take a vacation outside the U.S. this year, while just 33% of Gen Xers and 17% of boomers will go to another country.
2016 Year of the Travel Optimist (and Airbnb)
This may well be the year of the travel optimist as more people report they plan to take their vacation days. Fifty-four percent of all generations say they are planning on traveling more this year than in 2015. That percent hits a whopping 72 percent among just the millennial respondents, compared to 59% of Gen Xers and 40% of boomers.
It's been widely reported that Americans don't take enough vacation, and the Hipmunk survey confirmed that 30% of all people say they took no leisure trips last year. Nevertheless, 82% of millennials took time off for fun. Some seemed to have nothing but fun: 7% of millennials took 10+ leisure trips last year, compared to just 3% of the general population.
Millennials also lead the way in preferring vacation rentals over hotels. Forty-four percent of that generation would rather bunk down Airbnb-style on their leisure trips than drop anchor at a hotel; only 23% of Gen Xers and 11% of boomers agree. This preference extends to business travel.
"These trends suggest that vacation rentals could eventually surpass hotel bookings amongst this age group, for both business and pleasure," said Goldstein. "And the popularity of vacation rentals will likely seep into other generations' vacation choices over time, too."
SURVEY METHODOLOGY: The survey was conducted on Hipmunk's behalf by Market Cube between February 5 and 9, among 1650 adults (22% of respondents were aged 18 to 34)
ABOUT HIPMUNK
Hipmunk is the fastest, easiest way to plan travel. The site and mobile apps help save time and money by comparing top travel sites to show the perfect flight or hotel at the cheapest price. Hipmunk offers the most comprehensive travel search, from commercial flights, trains, and charter flights to hotels and vacation rentals through Airbnb. The unique display makes it easy to visually compare results to choose the best option.
ADDITIONAL DATA DETAILS
How many business trips do you plan to take this year? Select one ---------------------------------------------------------------------------- TOTAL 18-34 35-54 55+ ---------------------------------------------------------------------------- 0-3 40% 32% 44% 54% 4-6 29% 30% 31% 20% 7-9 14% 16% 15% 9% 10-12 8% 12% 3% 7% More than 12 9% 9% 7% 11% Which of the following in-flight amenities is most important to you when traveling for business? Select one ---------------------------------------------------------------------------- TOTAL 18-34 35-54 55+ ---------------------------------------------------------------------------- Wi-fi 43% 46% 44% 38% Gourmet snack boxes 7% 10% 3% 7% An in-flight entertainment system 13% 13% 15% 7% Individual seat electrical outlets 9% 12% 8% 4% Premium economy options 19% 19% 18% 23% None of the above 9% 1% 12% 21% Which of the following is your favorite hotel perk when traveling for business? Select all that apply ---------------------------------------------------------------------------- TOTAL 18-34 35-54 55+ ---------------------------------------------------------------------------- High end toiletries 4% 4% 4% 4% iPhone docking station 3% 5% 2% 2% Mood lighting 3% 5% 3% 0% Free breakfast 24% 17% 23% 43% Well-equipped gym or fitness center 6% 7% 6% 2% Free fitness classes (yoga, spin, etc.) 4% 6% 4% 0% Pool 6% 8% 6% 2% Free, fast wi-fi 36% 36% 37% 36% Not having to clean your own room (maid service) 6% 6% 8% 5% Concierge assistance 4% 6% 3% 2% None of the above 2% 0% 2% 5% How many leisure trips do you plan to take this year? Select one ---------------------------------------------------------------------------- TOTAL 18-34 35-54 55+ ---------------------------------------------------------------------------- 0-3 64% 45% 64% 75% 4-6 25% 31% 28% 19% 7-9 7% 14% 5% 4% 10-12 2% 5% 2% 2% More than 12 2% 5% 1% 1% Which of the following in-flight amenities is most important to you when traveling for leisure? Select one ---------------------------------------------------------------------------- TOTAL 18-34 35-54 55+ ---------------------------------------------------------------------------- Wi-fi 27% 41% 33% 16% Gourmet snack boxes 6% 10% 5% 6% An in-flight entertainment system 12% 14% 12% 12% Individual seat electrical outlets 4% 8% 4% 2% Premium economy options 17% 12% 21% 17% None of the above 33% 16% 24% 48% Which of these offerings would most impact your decision to stay at a specific hotel when traveling for leisure? Select all that apply ---------------------------------------------------------------------------- TOTAL 18-34 35-54 55+ ---------------------------------------------------------------------------- Integration of technology throughout hotel 25% 26% 27% 18% Hosted social activities to meet other guests 7% 20% 10% 6% Supplemental opportunities to earn loyalty points (for example, a bonus of 5,000 points if you order room service) 21% 25% 23% 16% Live music performances by local artists 20% 22% 22% 11% A guest room with a smaller sleeping area and bigger entertaining space 17% 22% 18% 10% Knowing a portion of your room rate is donated to charity 16% 19% 18% 13% Ample outdoor space/gardens 21% 19% 20% 18% Ability to check in and out through kiosk or smartphone (no interaction with reception desk) 20% 24% 23% 14% Partnership in a peer-to-peer network that pairs you with a local resident for tours and other activities 6% 18% 7% 6% The ability to get you into sold-out shows and restaurants 16% 24% 18% 13% A central charging station where you can charge all your electronics at once 19% 22% 19% 13% Spa-like bathroom 39% 42% 39% 28% Free snacks 48% 47% 48% 42% None of the above 17% 11% 16% 26% Which travel trends will you be most likely to try in 2016? Select all that apply ---------------------------------------------------------------------------- TOTAL 18-34 35-54 55+ ---------------------------------------------------------------------------- Use travel guides on my mobile app instead of a book 27% 40% 35% 15% Fitness tracker (e.g. Fitbit) 19% 32% 21% 10% Airport pre-check service such as TSA or Clear 25% 31% 24% 23% Peer-to-peer activities (e.g. dining at a local's house instead of a restaurant) 16% 30% 15% 9% Virtual travel assistant 16% 27% 18% 8% None of the above 43% 22% 36% 59% Which of the following amenities would you like to see in an airport? Select all that apply ---------------------------------------------------------------------------- TOTAL 18-34 35-54 55+ ---------------------------------------------------------------------------- Barber shop / Hair salon 12% 16% 13% 8% Nap room 25% 29% 30% 18% Free business center 15% 21% 17% 10% Charging station with lots of outlets and seating 35% 35% 42% 30% Whiskey bar 17% 23% 22% 10% Celebrity chef restaurant 17% 20% 21% 13% Gym 13% 25% 14% 6% Art Gallery 13% 23% 13% 8% Arcade 18% 31% 23% 8% Singles lounge 11% 19% 13% 6% Live music 22% 28% 26% 16% Apple Store / Genius Bar 10% 17% 11% 5% Board game room 11% 19% 12% 6% None of the above 25% 13% 16% 38%
MEDIA CONTACT
Roxy Young
Hipmunk
roxy@hipmunk.com
415-689-9226