Globally, millennials roughly account for 23 per cent of the world population. While in India, millennials are around 34 per cent which is 440 million of the country’s population. Due to steady advancement in their professional careers, higher disposable income, and flexible work hours, they have more spending power. Hence, they hold great potential for the travel and hospitality industry. Noesis, a hotel investment advisory firm, has issued a report on millennials – how they influence the Travel and Hospitality industry. It reveals the evolution of the hospitality and travel industry with regards to millennials which form the next generation of our world. The report revealed the evolution of the hospitality and travel industry with regards to millennials. As per the findings on...
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