Tuesday, September 26th, 2017

Report: Understanding the Coming Generational Changes the Key to Future Tourism Success

New study shows some East-West convergence among Gen Z digital natives and rapid changes of the demographic guard across all generations

Upcoming generational changes: should tourism marketers change with their audience, or focus on the next generation?

The travel industry is seeing a new convergence between young Asian and Western tourists’ travel expectations and consumption patterns. Digital and mobile are creating a shared generational experience, most notably in Generation Z, people born in the late 90s in both The East and The West.
These days young Chinese, Korean, Japanese and Indian travellers share as much in common with their Western counterparts as they do with their parents.
“The internet’s ability to deliver engaging content is impacting East and West in similar ways – as are some of the broad macro-trends,” says Carolyn Childs, tourism strategist, co-founder of MyTravelResearch.com, and author of a new white paper in the Pacific Asia Travel Association (PATA) Connected Visitor Economy series called The Changing of the (Generational) Guard.
The digital natives of Generation Z are ‘technoholics,’ entirely dependent on IT, with limited grasp of alternatives, says the report. They are career multi-taskers often in part time ‘portfolio’ jobs. They aspire to security and stability. They crowd source solutions to tasks. They want to make a difference. They are relatively dependent on their parents – and quite happy to be so. They have had a smartphone in their hands since they can remember.
“They tend to see the internet as an extension of their self,” says Childs. “Their expectation is that all interactions both online and offline will be smooth, quick and easy. Their attention span is shaped by Snapchat. Whereas Generation Y (Millennials; born 1981-1995) seek constant feedback, Generation Z seeks constant dialogue – think instant messaging, WeChat, WhatsApp, Facebook Messenger, Kik,” she says.
Even more than the Millennials, Generation Z feels a sense of responsibility for the planet and a strong sense of ethics. “They expect to understand what you stand for and how you do things,” notes Childs. “Growing up for many means living with their parents. They share ideas for holidays with their parents as well as their friends.”
There are strong lifestyle generational changes across all demographics and identifiable life stages. This creates opportunities and challenges for tourism businesses, especially those that target specific generations. Do they change with their audience or do they focus on the next generation?
For example, Baby Boomers [born 1945-60] in the West is a large, affluent and time-rich demographic. They expect the world to change around them and will embrace it as it does. What they won’t put up with is stereotyping or out of date images. They want to see themselves as they feel, not as we see them. Marketers who fail to appreciate this will be punished, argues Childs.
Another key change to understand is the blurring of the boundaries between generations. “There is a growing recognition that demographics are not destiny. Many destinations now look at their target audiences through psychographic or needs-based profiling, rather than demographics,” says Childs.
“There are major demographic challenges facing destination marketing organisations. They need to be fully informed on the demographic nuances and rapid lifestyle changes underway across the generations,” she says.
To receive a fuller analysis of many of the demographic changes impacting tourism marketing and operations, download the free 12-page Changing of the (Demographic) Guard report that Childs compiled for the PATA here.
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About MyTravelResearch.com
MyTravelResearch.com is a market research and marketing firm specializing in the travel, tourism and aviation industries. Its specialty is providing insights that are actionable.
Founded by principals with lifetime careers in travel, tourism and aviation, MyTravelResearch.com exists to build the visitor economy and successful tourism businesses. It does this by putting the voice of the customer and best practice business thinking into an easy to implement, hands-on approach via an innovative membership model. MyTravelResearch.com can help:
* National Tourism Organizations (NTOs) meet the expectations of their industry by acting as an extension of their research and marketing resources
* Businesses make more informed decisions. (It is like having your own research and/or marketing team)

Visit www.MyTravelResearch.com
Email: carolyn@mytravelresearch.com or bronwyn@mytravelresearch.com

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Email: ann@scottasia.net

UK office: Tel. (+44) [0] 7949 077959 (Ken Scott)
Email: kens@scottasia.net

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