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Travel industry relying on young spenders

from By Archita Datta Majumdar

A report released by the Boston Consulting Group last year depicted figures that detail how millennials will bypass their elders and make up the biggest travel demographic in 5-10 years. Social media and emerging technology have shrunk the global economy and enabled businesses to expand beyond horizons faster than ever before. As distant lands became more accessible, young minds were naturally beckoned to explore. Since these young travelers are more tech savvy than their older counterparts and totally immersed in social media, the industry has been quick to capitalize. more

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