Youth travel

Source: Wikipedia, the free encyclopedia.

Youth travel is

cultures
, build unique life experience, and benefit from formal and informal learning opportunities from other countries, including education or work abroad.

In 2017, the top destinations for youth travel were the United States, Spain, France, Italy, the United Kingdom, Germany, the Netherlands, Australia, Thailand, and Austria.[1]

The youth travel market accounted for over 20% of all international arrivals in 2014 (equals to 227 million arrivals and US$250 billion).[2] It is estimated that youth and student travel will generate more international arrivals than business travel by the end of this year.[3]

Youth travellers stay longer (average 53 days), they spend more (US$1,000 to US$6,000 per trip) and travel more frequently (1.44 trip pa)

retailers
.

Youth travel has been a stable and ongoingly growing

Higher Education
).

Youth travel influences the

experiences (estimated lifetime travel budget
at US$80,000).

A conservative

estimate predicts that the youth, student and educational travel market will reach 300 million arrivals by 2020 and represent US$320 billion in market value
.

Youth travel is becoming increasingly more important within global tourism. In the 1990s, it represented 15% of the tourism market, with it increasing to 20% in the last decade, and expected to reach 25% in the near future.

Rapidly rising

disposable income, means more purchasing power – the number of youth travellers is on the rise – in 2012, nearly 30% of young people described themselves as ”tourists” compared to about 15% in 2002.[5]

Diversification in destinations and source

developed countries
across all youth travel sectors, incl. student and educational travel market.

Brazil, India, China or other

investment capital or international brands wanting to develop and expand. They are recovering and rising faster than developed countries - gaining an increasingly more global market share
.

recommendations) and travel planning (destination research) than for actual online shopping and booking. This slower growth of online booking in youth travel as opposed to global tourism underlines the importance of tour operators and travel agencies
to the youth market.

travel agencies
represent an important distribution, booking and promotional channel in youth travel, accounting for up to 80% of all bookings, with increasing trend of their usage by end customers. There are more than 16,000 student tour operators and travel agencies estimated in this market.

See also

References

  1. TravelPulse
    .
  2. ^ "UNWTO calls for higher financing for tourism in development cooperation". WYSE Travel Confederation. Retrieved 2015-12-16.
  3. ^ "Travel Reports | WTM London". Travel Industry Blog, Reports, Press Releases | WTM London. Retrieved 2015-12-16.
  4. ^ "Industry Review no.3 - Product Development". Issuu. Retrieved 2015-12-16.
  5. ^ "ITB World Travel Trends Report: Youth Travel". WYSE Travel Confederation. Retrieved 2015-12-16.
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