India’s Gen Z, born in and after 1996, doesn’t care much about travelling.
When asked during a survey what they’d do if they had Rs10 lakh (approximately $15,400) to splurge, only 5% of Gen Z respondents opted to spend it all on travel; 11% said they would use none of it on leisure travel. Around 77% of them allocated half or less on travel, the survey said.
The survey, conducted by online travel agency Expedia $EXPE in partnership with American market research firm Center for Generational Kinetics, included 1,250 Indians aged between 18 and 65.
In contrast, 70% of the boomers (those born between 1946 and 1964), 74% of Gen X $TWTR (between 1965 and 1976) and 81% of the millennials (those born between 1977 and 1995) said they would spend half or more of the money on leisure travel.
Gen Z prefers to spend on experiences rather than products.
Also, trips taken by Gen Z are far shorter, the survey showed.
Gen Z doesn’t consider budgeting for vacations a priority. It prefers part-time jobs to save money, or is willing to stay off the internet for up to a week to go on a leisure trip, the survey report said.
The generation gap is also stark when it comes to the kind of vacations taken.
