Have you been avoiding millennial travelers? Deeming them “too much work” or “not worth the effort”? Well, you would be right. Almost. Millennials (defined by those born between 1980 and 1999) are more demanding than any generation before them. To put in the effort to attract and please millennials would entail completely rethinking your strategy, which could risk isolating other generations who have proven themselves loyal.
Why do it then? By 2030, millennials are expected to reach 78 million. If that isn’t compelling enough, then consider that despite constantly looking for good deals, they spend 42% more per business trip than any other generation and 62% have extended a business trip into a vacation.
How do you do it? While this fickle generation may seem hard to please, it boils down to getting a few things right:
If you haven’t already shown millennials some love, 2015 is a great time to start. Offer them a genuine, unique experience and you will be rewarded with free word-of-mouth advertising and loyalty for years to come. For more on why millennials shouldn’t be ignored, check out the guide on How to market to millennial travelers from HotelREZ.