According to McKinsey & Company and the U.S. Bureau of Economic Analysis, over the past few years, overall experience-related spending has grown at more than 1.5 times the pace of personal consumption and four times faster than expenditures on goods.
This growth is led by millennials,...by 'Travel Companies' I hope you don't mean 'Travel Agencies' because that field of business is dead, Millenials book accommodation, flights, buses, practically everything online
So do old fat people! I’ll sleep in a shack I don’t care
It’s wonderful that people have finally figured out what matters. It’s sad that they overrun the best places with litter, tour buses and the like.