Page 10 - AeM_May_2018
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RESEARCH, ANALYSIS & TRENDS



























             Real’ is more important than ‘perfect’


             for Asia Pacific millennial travelers



            Millennials  represent  more  than  45%  of  Asia  Pacific’s  Especially,  millennials  in  India  have  embraced  the
            population,  and  with  60%  of  the  world’s  millennials  sharing  economy  more  so  than  their  counterparts
            expected to live in Asia by 2020, it’s a group that no one  across  the  region,  with  75%  using  ride-sharing  apps
            can afford to ignore.                                and 55% using home-sharing apps often or very often.
                                                                 On the other hand, millennial travelers in Japan are the
            What does it take to win their hearts, minds and wallets?
            Well,  Amadeus  provides  some  hints  on  what  18  –  35-  least likely to use these services, with over 90% saying
            year-olds  in  APAC  want  when  it  comes  to       they never or seldom use these apps.
            travel.  ‘Journey  of  Me  Insights:  What  Asia  Pacific  Targeting  millennials’  desire  for  new  experiences  is  a
            Millennial  Travelers  Want’  is  the  latest  in  a  series  golden  opportunity  for  travel  providers.  In  fact,  the
            of Journey of Me reports that Amadeus first launched in  research  found  that  after  recommendations  that  help
            August  2017.  Conducted  in  collaboration  with  YouGov  them  save  money  (37%),  millennials  are  most
            across 14 markets in Asia Pacific, the research surveyed  interested  in  recommendations  that  expose  them  to
            6870 respondents, 45% of whom were millennials at the  new  experiences  (27%).  They  are  also  open  to  travel
            time the data was collected.                         providers  sending  them  these  recommendations  or
                                                                 updates  through  alternative  platforms.  23%  of
            “The  Millennial  generation  is  indeed  an  extremely   millennials  say  they  prefer  to  be  contacted  via  social
            interesting  generation.  They  grew  up  with  the  Internet
            and  technology  is  second  skin  to  them.  They  have  an   media, which sits in second place behind email (31%).
            openness to new experiences and a willingness to rattle   However,  in  countries  like  Thailand  and  Indonesia,
                                                                 social  media  comes  up  as  the  top  choice  for
            the status quo. They want different experiences in travel,
            so  the  industry  must  serve  them  differently.  Travel   millennials,  chosen  by  50%  and  34%  of  them
            providers  will  need  to  adopt  new  technology,  new   respectively.
            strategies, and  above all, new mindsets if they  want to
            secure  millennial  mind  and  market  share.  By    People over brands
            understanding  what  drives  Asia  Pacific  millennials  and   How  influential  are  influencers?  Not  very,  it  seems.
            what  they  value  when  they  travel,  businesses  will  be   When  asked  who  has  the  most  influence  over  their
            better placed to meet their needs”, Karun Budhraja, Vice   travel  planning,  and  where  they  receive  the  most
            President, Corporate Marketing & Communications, Asia   relevant  travel  recommendations  from,  millennials
            Pacific, Amadeus said.                               choose family and friends, as well as traveler reviews.

            Embracing the new                                    Somewhat  surprisingly,  millennials  ranked  celebrities
                                                                 and social media influencers right at the bottom, even
            More  so  than  the  generations  that  have  come  before  lower than brochures.
            them,  millennials  are  embracing  new  technology,   “While millennials may still look to influencers to curate
            experiences,  and  ways  of  traveling.  42%  of  millennials
            say  they  often  use  ride-sharing  apps  when  they  travel,   trends,  ideas  and  inspiration,  I  believe  they  are  also
            and  35%  frequently  use  sharing  economy  services  for   becoming  more  sophisticated  in  how  they  evaluate
                                                                 them. With so many influencers becoming brands unto
            trip accommodation.
      10            May 2018 - Cyber-security & Data Protection
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