Gen Z would rather travel than own homes or retirement funds

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Young travellers in India, Thailand and Russia are the most likely to prioritise spending on travel rather than material possessions.

That's according to the results of a global survey conducted by Booking.com, which aims to tease out the travel habits of Generation Z, a cohort of coming-of-age young adults between the ages of 16-24.

Globally, travel and seeing the world outranked higher education, home ownership and retirement funds among Gen Z respondents when it comes to their spending priorities. More than half of the respondents are also adrenaline junkies, with 56% expressing a desire for adventure travel such as paragliding or bungee jumping.

 

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