Topic > The Millennial generation, their travel habits and their accommodation choices

IndexAbstractIntroductionThe Millennial generationTravel and new technologiesAirbnb and its impact on hotelsConclusionsAbstractThe Millennial generation shows great restlessness when it comes to traveling and discovering new places. In fact, the vast majority of young people between eighteen and thirty have traveled at least once. Furthermore, a defining characteristic of this group is the ability to be constantly connected as they search and learn on the Internet. Most of them rely on smartphones to get information in their daily lives. A third characteristic that identifies them is their interest in discovering different enclaves and experiences during travel, they are always looking for unique alternatives. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essayHotels have been positively benefiting from this new generation and their desire to travel for many years. The problem has appeared recently: competition. Staying in a hotel is no longer the only option travelers have when they visit a new site, now there is also Airbnb, an online site where millions of home or apartment owners can rent their properties at a cheaper price, offering to travelers who stay in their places much more than a place to sleep. The goal of this research is to understand the millennial generation, their travel habits and their accommodation choices. The following questions will guide this research: What are Millennials? Who is considered a millennial?What is the first choice of millennials: staying in Airbnb apartments or hotels?What are the reasons for this first choice?IntroductionTo collect and examine research and data regarding the millennial generation, their travel habits , lodging choices, and the effect on hotels, I consulted many different sources. Articles, magazines, research, books and websites were my main sources, all found through the Google Scholar search engine. Key words and phrases that I found useful during this research are as follows: millennial generation, millennial travel habits, Airbnb and its impact on hotels, travel culture, accommodation search engines. I was able to find information about this new generation and their preferences when traveling, as well as a better understanding of the Airbnb company and the competition they have with hotels around the world. the world.The Millennial GenerationA study carried out by Future Corporation commissioned by Expedia.com analyzes the behavior of this peculiar group, its influences in choosing a trip, as well as their preferences and fears. The work reflects the opinion of a thousand young people from eight countries on five continents. One of the main findings of the study reinforces the idea that millennials are passionate about travel (Morrison, 2016). They are individuals born and raised in a world where technology and, by extension, the Internet and social networks have put the world at their feet, and the interest in exploring it has made them demanding travellers. When they travel, they take advantage of the collaborative economy, choosing what is best for them. But above all, what makes them special is that they have learned to assimilate the concept of "low cost" as a form of travel. The determining factor in the booking decision is price. They don't have as many economic resources as the previous generation, but they want to see the world, yes, spending less money. One of the things Millennials appreciate most when traveling is the hospitality of the locals at the destination, excursions and tours, and accommodation. They also appreciate, even if in.