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International Journal of Research in Management
Peer Reviewed Journal

Vol. 7, Issue 1, Part M (2025)

Luxury vs. budget tourism: Changing preferences of millennial and Gen Z Travelers

Author(s):

Sumit Kumar, Darpan Dean and Shweta Arora

Abstract:

This study investigates the evolving tourism preferences of Millennial (born 1981-1996) and Gen Z (born 1997-2012) Travelers, specifically contrasting luxury and budget tourism segments. It explores their expectations regarding service quality, booking behavior, and spending patterns. With a sample of 480 Indian respondents, this paper reveals significant generational differences and convergences in travel motivations and consumption behaviors. Findings suggest Gen Z shows more flexibility and tech-driven decision-making, whereas Millennials value personalized luxury experiences. The implications are critical for travel marketers and service providers seeking to align with the digital-native tourism economy.

Pages: 1241-1246  |  205 Views  155 Downloads


International Journal of Research in Management
How to cite this article:
Sumit Kumar, Darpan Dean and Shweta Arora. Luxury vs. budget tourism: Changing preferences of millennial and Gen Z Travelers. Int. J. Res. Manage. 2025;7(1):1241-1246. DOI: 10.33545/26648792.2025.v7.i1m.401