Which Generation Is Spending Most on Travel? - India Report

A new report by payment network Collinson International has shown that Millennials in India are spending an average of $6,031 on travel annually, more than any other generation. The next highest is Gen X at $3,059, followed by Gen Z ($2,622) and Boomers ($2,600).

Travel is the second-highest spend category for Millennials and it accounts for 34% of their annual expenditure, according to Collinson. They also actively look for travel benefits when selecting a credit card, especially earning and redeeming miles, having access to airport lounges and travel experiences, and travel insurance. 

Millennials, along with Gen Z, are leading India as a source market. In June this year, Airbnb said that it had recorded an over 60% increase in bookings from Indian guests for Thailand. Of these, Gen Z and Millennials accounted for 80% of the bookin