GlobalData Survey Predicts Gen Z and Millennials as Key Recovery Group of Travel Industry

GlobalData | July 04, 2020

GlobalData Survey Predicts Gen Z and Millennials as Key Recovery Group of Travel Industry
A new survey conducted by GlobalData suggests that younger and wealthier traveler groups will be the first to resume international leisure tourism, once restrictions are lifted. And, while people’s desire to travel post-pandemic is in no short supply, consumer confidence in the safety of actually taking a vacation right now could use a boost.
The report revealed that, even among the younger segments of today’s travelers, anxieties remain high 48 percent of Millennials (a.k.a. Gen Y) and 35 percent of Gen Z are still very concerned about the risk of contracting COVID-19.

Spotlight

Over the last couple of decades the entire airline industry has been going through a paradigm shift: As air travel became an ever-more easily accessible commodity, airlines had to rethink what their roles should be beyond simply being an operator of airplanes lest they themselves become easily replaced commodities in this age of Ubers and AirBnBs.

Related News

Spain Will Reopen to International Travelers on July 1

The Telegraph | May 25, 2020

Spanish Prime Minister, Pedro Sánchez, announced over the weekend that Spain will reopen to overseas tourists, beginning July 1, 2020. On that date, the government will officially lift its current fourteen-day quarantine policy for foreign arrivals, The Telegraph reported. Sánchez said: “As you know, Spain receives more than 80 million visitors a year. I am announcing that from July, Spain will reopen for foreign tourism in conditions of safety,” said Sánchez, according to, The Guardian. “Spain needs tourism, and tourism needs safety in both origin and destination. We will guarantee that tourists will not run any risks, nor will they bring any risk to our country.”

Read More

AIRLINES AND AIRPORTS

IDEMIA Brings Digital Travel Credentials to Life

IDEMIA | November 27, 2020

Digital Travel Credentials make traveling between air terminals and aircrafts a more charming encounter and reinforces traveler trust in air terminal administrations and frameworks. On 10-11 November 2020, at the ICAO virtual meeting, IDEMIA showed with an aircraft partner its advancement innovation capabilities to introduce a completely operational arrangement, bringing DTC to life. Leveraging its Mobile ID solution and passenger stream assistance arrangements, IDEMIA recreated a traveler DTC for check in and shrewd boarding. Travelers can speed through all air terminal touchpoints because of quick and super secure biometric distinguishing proof. IDEMIA's DTC treat private information with a similar security level concerning paper identifications.

Read More

TRAVEL TECHNOLOGY

Sherpa, a Travel Tech Company, has Launched an Interactive Travel Reopening Map, with American Airlines as the First Partner

Sherpa | April 12, 2021

Sherpa, a leading travel technology provider, has expanded its product range with the Travel Reopening Map, which helps people get back into travel. Travel providers and customers are ready to get back on the road, but due to the rapid speed of change in travel laws, what was once simple has become complicated. Partners such as airlines, online travel agents, and cruise lines can use sherpa's map-based UI to help their customers book by allowing them to browse for destinations open to travel as well as COVID-19 testing and quarantine guidelines for both outbound and return routes. The map was launched by American Airlines as the first partner, making it available to millions of AA customers. "International travel is an integral part of our global economy and human experience," said Max Tremaine, CEO of sherpa°. "However, planning travel in the event of a global pandemic is a challenge." "Our goal was to create a digital solution that fills the information gap and provides travelers with the real-time accuracy they need to make informed decisions and travel with confidence. This solution is just one part of a larger plan to ease border crossing by allowing travelers to get all of their requirements, documentation, and visas in one place while booking their travel." The breadth of data is unique to the map; sherpa processes millions of data points from thousands of sources, including governments, airlines, airports, tourism boards, public forums, and media outlets. Other important features include COVID-19 testing sites in-destination and the ability for partners to maximize booking conversions by directing passengers from the map back to their flight destination pages. The map-based UI is easily customizable and can be embedded into partners' websites and apps through embeddable widgets, APIs, or white-label web apps. English, Spanish (South American), French (Canadian), German, Portuguese (Brazilian), Russian, Turkish, and Latvian are among the languages supported, with more on the way. About Sherpa Sherpa is the leading provider of travel identification requirements for the travel industry, founded in 2015 by Max Tremaine and Ivan Sharko. Sherpa's mission is to provide every traveler with the information and documentation they need to cross borders confidently and securely. Sherpa, headquartered in Toronto, Canada, is trusted by over 50 of the world's largest and most well-known travel brands, including American Airlines, TripActions, Icelandair, LATAM, Flynas, and CWT. True Ventures, Narrative Fund, Relay Ventures, Globalive Capital, N49P, TSVC, Golden Ventures, Plug and Play Ventures, Stuart MacDonald, and LP Maurice are among the investors in sherpa°.

Read More

Spotlight

Over the last couple of decades the entire airline industry has been going through a paradigm shift: As air travel became an ever-more easily accessible commodity, airlines had to rethink what their roles should be beyond simply being an operator of airplanes lest they themselves become easily replaced commodities in this age of Ubers and AirBnBs.