Once, the year 2000 seemed like the distant future. Now, Generation Z are about to become the future of travel. According to a report published by Skift, it’s important to prepare for the rise of this post-millennial demographic, projected to constitute third of global spending power by 2035. Cracking the code of Gen Z's enduring traits isn't just a box to tick; it's the golden ticket to future success for hospitality brands.
But who are Gen Z, and what makes them tick? There is no one size fits all answer... but in a nutshell, they are all about the following:
1. Wellness – Gen Zers care about self-care
2. Authenticity – meaningful moments are key
3. Travel – it’s a luxury... but it’s an essential luxury
4. Environment – it’s important to put the planet first
5. Keeping it real – brand engagement is important (as long as it’s two-way)
We’ve dialled down into some core stats, facts and learnings to do with all things Gen Z – keep reading to discover more. (In terms of the future of travel, it’s essential reading...)