Millennials are opting for experiences over possessions, and it’s good news for the travel industry. Expedia’s recently released study shows that 74% of 18-65-year-olds would rather spend their money on experiences than possessions, with 65% of 22-35-year-olds setting aside money specifically for travel. The study found that travel is a high priority for Generation Wanderlust: close to half of Millennials would sell clothes or furniture to fund a trip, and 71% of Gen Z would get a part-time job to travel. (Markets Insider, Travel Weekly)
