Background Image
Previous Page  32 / 56 Next Page
Information
Show Menu
Previous Page 32 / 56 Next Page
Page Background

TRENDS

RESORTDEVELOPER.COM

vacation industry review

JULY – SEPTEMBER 2016

30

It’s on the Grandparents

In many parts of the world, vacationing as an extended family has been

the tradition for generations. In other places, including the U.S., the

parallel climb of multigenerational vacationing and the aging of baby

boomers is no coincidence. As the first wave of this group hit retire-

ment in the mid to late 2000s, the multigen travel trend began its

upward crawl, as noted by observers including Peter Yesawich, vice

president of MMGY Global, a U.S.–based integrated marketing firm

specializing in travel.

Multigenerational vacationing is “driven by an aging population,

and as people move into retirement, the number-one thing they tell us

they want to do is travel for leisure,” says Yesawich. He points to some

numbers from MMGY Global’s 2015

Portrait of the American Traveler

:

“Today, 21 percent of all travelers in America are grandparents. And

that percentage is going to grow as the population continues to age.”

When asked how many have taken a leisure trip with their grandchildren

in the past 12 months, 32 percent indicated so. This group was then

asked whether the grandchildren’s parents were part of the trip, and

73 percent said yes.

Yesawich’s research jibes with statistics from AARP to suggest a

continuing popularity. According to 2015 AARP membership research,

of those who took a multigenerational trip, the satisfaction rate was

98 percent, and 85 percent plan a multigenerational trip in the future.

What inspires grandparents to initiate these vacations? Says

Yesawich, it’s the fact that this generation feels that the extended family

does not spend enough time together. And according to William

Sutherland, vice president of travel services for AAA, today’s grand-

parents “value spending time with their children and grandchildren. In

today’s fast-paced world, travel affords families an opportunity to

spend quality time reconnecting and sharing experiences.”

Precious Memories

Amelia and David Chan may just be the poster grandparents for the

multigenerational travel trend. The couple, in their 70s, has four children,

seven grandchildren, and a handful of great-

grandchildren ranging in age from infant to 6

years old. They are owners of a two-bedroom

at the Hyatt Windward Pointe Resort.

“Every two or three years, one of the

families, consisting of a son or daughter with

their spouse and children, comes with us to our

Key West vacation,” says Amelia Chan.

Although she says the family gets together

regularly during the year, spending time with

each other while on vacation affords additional

benefits. “We have opportunities to spend

quality, unhurried time with each member, since

every family member is very busy through-

out the year. Intergenerational vacation time

and memories are truly precious and treasured

by all.”

Not Just an American

Phenomenon

Multigenerational travel isn’t just an American

phenomenon, nor is it new— it’s been prevalent

in many parts of the world, including Latin

America, the Middle East, and Asia. And the

drivers may not always be grandparents.

In Asia, vacations are commonly taken as a

larger family unit, because families tend to

live together — or at least have much closer

contact with each other. “It is not uncommon

for children to live at home well into their 30s,

even after marriage,” observes Joe Hickman,

vice president and executive director of Asia/

Pacific for Interval International. Hickman, who

has lived in Asia for more than 30 years, sees

this as an extension of values placed on strong

family ties, which differs from some cultures in

the West. “If you were to ask me, when I had

young kids, to take my parents or in-laws with

us on holiday, you would have heard my groan

halfway around the world.”

In Latin America, as well, extended family