U.S. Global Investors [www.usfunds.com]

Millennials Are Saving Big for Travel and Experiences

PRINT THE PDF

As air travel becomes more accessible, the experience economy is on the rise. Some 74 percent of Americans prioritize experiences over products or things, according to a study by Expedia. Millennials, those born between 1980 and 2000, with their ever growing purchasing power, are driving this trend of “getting away” and taking frequent trips. We believe all of this is positive news for the airline industry. Explore the infographic below that highlights millennial air travel trends.

The growing number of millennial travelers, coupled with a rise in non-ticket fees, could be positive for airline carriers. Curious about other global market trends? Sign up for our FREE Investor Alert newsletter by clicking here!