The Rise of Millennial Travel

Written by: Elizabeth McHeffey

 

While meeting with Millennials in different destinations across the U.S., just about all have placed a true prioritization on their passion for travel. With booking apps at our fingertips and social media influencers parading dreamy images of mosaiced mosques and fields of wildflowers, it’s no wonder that my peers and I have been coined the ‘wanderlust generation’. It is a part of our identity, our growth and self-discovery, and is much more than an annual all-inclusive, never-leave-the-resort vacation. Taking a spontaneous weekend ski trip is not out of the ordinary, and neither is a backpacking trek through the Himalayas.

 

 

We are traveling more than past generations – case in point, I’m currently exploring the country as a digital nomad.

 

In fact, according to an article published on Skift.com, Millennials are traveling an average of 35 days annually, while Generation X travels just 26 days, which equates to 34% generational difference.

 

We are also spending the most on travel compared to all other generations – $200 billion annually per Forbes. Moreover, our generation is blurring the lines of business and leisure travel, extending the short business trip that our other-generation colleagues are eager to hop on a same-day return flight from. Conference in Boise? I think I will stay an extra two nights to search for the natural hot springs in the region.

 

 

Why so? The digital age has been a great motivator. With the ability to book a flight on your smartphone in seconds, WiFi accessibility in even the most remote places (always connected!), and the influx of wanderlust social media influencers – it makes it hard to not get bit by the travel bug.

 

 

“Travel is so easily done, it’s in your face, travel is at our fingertips as a Millennial. I think that’s why we are more inclined to take a vacation, to take a month off and go backpack through Europe. The previous generations didn’t have the ‘in your face’, ‘this is available to you’ marketing. They probably didn’t know ‘oh, I could go skydiving this weekend’ or ‘I could go hiking through the forest’ or ‘I can visit the Amazon’. For us, we think, ‘that could be my vacation in two months!’” says Nani Almanza, Visitor Services Manager with Visit Monterey.

 

 

Additionally, Millennials are earning 20% less than Baby Boomers did at the same stage of life, according to this USA Today article. Coupled with much higher student debt and other contributing factors, many Millennials have adopted “live in the moment” or “bucket list” mentalities.

 

 

Randi Morritt, Director of Marketing with Visit Aurora and I talked about some of the travel patterns of our generation. “Many individuals in our generation [Millennials] feel financially burdened by significant student debt, and there’s data that supports the cost of higher education is greater now than ever before which is a shift from previous generations. With new headlines about Millennials ‘killing’ a new industry every day, I think we get a bad rep for holding off purchasing a first home or a new car. Instead of hurrying towards those larger financial goals, a travel goal can be achieved on a smaller scale that is more financially attainable.” She continues, “Millennials are choosing to travel and take part in unique experiences. We are a culture that collects moments rather than things.” Buy a house or experience the rich history of Savannah? Millennials have been choosing the latter.

 

 

For employers, it is important to realize that this generation and (more likely than not) future generations highly prioritize travel. Discussed in the previous blog post, Millennials look for flexibility and paid time off in an employer and may be more likely to negotiate PTO or remote workdays over salary increases. When meeting with the senior leaders of Visit Denver, we talked about their organization and how they have evolved and are continuously open to new ways of thinking, influenced by all their generations in the workforce.

 

 

Rachel Benedick, VP of Sales and Services says, “It is important, understanding over the years, the priorities of the younger generations. [Millennials prioritize] flexibility and time off….and they will take time off over money any day of the week.” Richard Scharf, President & CEO, emphasizes, “Especially in Colorado!” Rachel continues, “Our people take all of their vacation, they take every bit of it. And they go and they do things.” They have team members going to faraway places like Japan, Israel and Vietnam and have noticed that their Millennials are taking all their paid days off. Joking that it is a big contrast to them, who have more vacation time than they know what to do with.

 

And Millennials don’t just want to see a destination, they want to be immersed in it. We are travelers, not tourists, and desire to taste authentic cuisine and stay in historic neighborhoods, rather than Times Square-esque locations or cram onto a tour bus as outsiders gazing in. We want to collect memories to share with our peers, connect with locals and learn from our experiential explorations. Whether it be an Anthony Bourdain-inspired foodie trip, socially conscious opportunity to give back, or a spiritual retreat in Sedona, we want originality and authenticity. We want a curated, unique experience, a storyline, a central concept. The more that a destination can do so, the more likely we are going to be on a plane, train, car, bike or hovercraft to get there.

 

 

 “We are kind of looking for more out of the norm out of our lives. We are traveling more, we are seeing more of the world, we are experiencing more.” shares Kylie Leslie, Destination Experience Designer with Visit Phoenix.

 

 

 

 

Elizabeth McHeffey is our digital nomad. During her travels she’ll be diving into topics and trends surrounding the generations in the workforce, stopping along the way to meet with industry leaders that are making waves and reinventing how we work. What we’re calling, “The Remote Route.”

 

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SearchWide Global is a full-service executive search firm primarily for companies in Destination Organizations / Hotels & Resorts / Venue Management / Experiential Marketing, Tradeshow & Exhibition / Industry Associations / Sports & Entertainment. Specializing in C-Level and Director level executive searches for companies ranging in size from Fortune 500 corporations to mid-sized public and private companies and associations. Founded in 1999, SearchWide Global headquartered in St. Paul, MN, USA and operates worldwide.

 

Why SearchWide Global Has One Millennial Team Member Embarking On A Digital Nomad Lifestyle

A team member of SearchWide Global recently made the decision to embark on a travel sabbatical, traveling throughout the U.S. for eight months in hopes that she could remain with the company throughout her journey.

 

Mike Gamble, President and CEO, SearchWide Global shared, “When Elizabeth approached me about this idea, I immediately thought she was calling to resign. One minute into the conversation, she actually said, ‘I am not quitting.’ Relieved, I thought, ‘well what is it then?’

 

This idea was an easy “yes” for me. How could we not support one of our young leaders who has a passion for travel and giving back? We also knew that it was 100% better to explore an alternative work structure for 8 or 9 months than lose a high-value team member forever. Lastly, what a great opportunity to practice what we preach. The workforce is ever-changing and the only way to grow as an organization is to evolve with it. The needs and wants of the younger generations in the workforce should intrigue us all and we felt like we owed it to ourselves and our clients to better understand what drives them.”

 

The decision has been a very exciting one, sparking questions and discussions within our internal team on the remote or newly-coined “digital nomad” lifestyle.

 

“My passion for travel led me to a career in the tourism industry and ultimately led me to the decision to travel the country. It was always something I knew I wanted to experience and personally, the timing was right. Professionally, I had no idea how this would be received and if it was a possibility. And believe me, I feel very fortunate that Mike and the SearchWide Global team were so receptive to supporting me on this decision and journey,” said Elizabeth McHeffey, Recruiting and Research Manager, SearchWide Global.

 

This Article and Video posted on LinkedIn about 2 months ago is a great, quick watch if you missed it. Yoav Gery is the President of Selina, a network of locations across the globe that offers accommodations, libraries and co-working spaces with reliable internet and quiet areas. They even arrange experiences in surrounding areas, and probably most importantly offer a community that brings like-minded “digital nomads” together. Think WeWork meets a Hotel. Although the remote, traveling lifestyle is typically viewed as a Millennial mindset and desire, Yoav talks about how it resonates across different generations in the workforce. Digital nomads can vary from individuals that dedicate their lives to traveling, as well as others that have traditional jobs that want to “keep life in play”, continue on their career trajectory and growth while getting to explore the U.S. or the world.

 

In a Forbes Article titled ‘Digital Nomadism Goes Mainstream’, they share the statistic that “4.8 million Americans described themselves as digital nomads. Among traditional U.S. workers, 27% said they “might” become digital nomads in the next 2-3 years, and 11% said they planned to.”

 

“It’s important to recognize that the way we work is changing, and that remote, dispersed work, including digital nomadism, will only continue to grow in the future.”

 

“The trend shows no signs of slowing down, with more people valuing their lifestyle and companies offering increased flexibility to attract and retain workers. “Aging Baby Boomers will continue to ‘unretire’ and work past the traditional retirement age,” the report notes. “Millennials will continue to flock to this lifestyle, inspired by the opportunity to pursue their travel interests while working. And older Gen Exers are reaching the stage where traveling while working is becoming more viable.”

 

With our highly connected and “always on” society due to access to WiFi and cloud-based programs almost anywhere, employees working outside of the traditional office setting will continue to grow. Work-life immersion, or combining professional and personal passions, all go hand-in-hand with the digital nomad movement. It will be important for employers across all industries to embrace this in the hiring and retaining of employees across the generations of our workforce. It also poses an intriguing question within the travel and tourism space – could this digital nomad lifestyle begin to blur the lines of business versus leisure travel in the future?

 

During this eight-month journey, we’ll be diving into these topics and trends, along with topics surrounding the generations in the workforce, stopping along the way to meet with industry leaders that are making waves and reinventing how we work. What we’re calling, “The Remote Route.”

If you and/or your organization would like to tell us what you’re doing as it relates to these topics, or to learn more, contact us at info@searchwideglobal.com.

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SearchWide Global is a full-service executive search firm primarily for companies in Destination Organizations / Hotels & Resorts / Venue Management / Experiential Marketing, Tradeshow & Exhibition / Industry Associations / Sports & Entertainment. Specializing in C-Level and Director level executive searches for companies ranging in size from Fortune 500 corporations to mid-sized public and private companies and associations. Founded in 1999, SearchWide Global headquartered in St. Paul, MN, USA and operates worldwide.