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Home > Oracle > Millennials and Hospitality: The Redefinition of Service
 

Millennials and Hospitality: The Redefinition of Service

White Paper Published By: Oracle
Oracle
Published:  Mar 28, 2017
Type:  White Paper
Length:  19 pages

For the hospitality industry, its an important question that
needs unequivocal answers. After all, millennials, comprising
individuals born between 1981 and the late 1990s, now
represent the largest generational demographic in the U.S.
With a population of 83 million, they outnumber baby boomers
and Generation Xers, and wield enormous spending clout
an estimated $200 billion annually. A hefty share of that pie
is earmarked for hospitality: 77% of U.S. millennials say they
visit a restaurant once a week or more, and each millennial is
projected to spend an average of $3,900 on travel this year.*



Tags : 
millennials, hospitality, restaurant, food, service, oracle