Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-08-2019, 04:11 PM
 
23,690 posts, read 9,305,200 times
Reputation: 8652

Advertisements

Quote:
Originally Posted by Sand&Salt View Post
I wonder about the continuing building of mega-cruise ships. Do millennials even like cruising?
When the Boomers are gone, who will be cruising?

And do millennials like to travel, if they can even afford it. What about that industry?
I am a millennial and cruising doesnt appeal to me.
Reply With Quote Quick reply to this message

 
Old 07-08-2019, 07:33 PM
 
Location: Oregon, formerly Texas
10,022 posts, read 7,178,188 times
Reputation: 17121
Millennials LOVE travel, they like active activities/experiences, they like bartender-prepared drinks, they like chef-prepared food. And taking pictures of all of it and posting them. Cruises will have to cater to them differently, but I think they'll still buy cruises since they offer all of those things. Millennials don't like the chain-type fads that dominated the 80s and 90s. So the massive floating hotel concept may change, but Millennials still want to travel and experience things, and cruises can offer that.

The travel industry is doing quite well right now, and it can't be all Boomers driving it. When I look at cruise websites they have you input your age for the selection of trips, so I take it that industry is on top of what Millennials want. It can't be tacky experiences.

The industries that are dying are all the ones that sold knick-knacky crap, especially redundant knick-knacky crap, even if it's discounted. E.g.: if I want cheap shoes I'll go to Wal-Mart or Shoe Carnival. I don't need to go to Payless.

Last edited by redguard57; 07-08-2019 at 07:53 PM..
Reply With Quote Quick reply to this message
 
Old 07-08-2019, 11:59 PM
 
Location: Spain
12,722 posts, read 7,524,428 times
Reputation: 22633
Quote:
Originally Posted by Sand&Salt View Post
Well, good. Sigh of relief for the cruising industry.

We've only done trans-Atlantic cruising and it was only seniors there, maybe 3 families with children.

I wasn't sure if cruising even appealed to the younger cohort.
As others pointed out it seems to depend on the cruise type.

One that stands out is Viking River Cruises, we've seen their tour groups shuffling past in a few locations around the world and I'd be surprised if any of them were under age 70. I've no idea what specifically about that cruise line draws in the older crowd but it's definitely something.
Reply With Quote Quick reply to this message
 
Old 07-09-2019, 06:12 AM
 
Location: TN/NC
34,914 posts, read 31,045,458 times
Reputation: 47285
Quote:
Originally Posted by Sand&Salt View Post
Well, good. Sigh of relief for the cruising industry.

We've only done trans-Atlantic cruising and it was only seniors there, maybe 3 families with children.

I wasn't sure if cruising even appealed to the younger cohort.
When I travel, I like to "roam." I don't like being tied down to one area for more than three or four days at the most. I could handle a short cruise, but wouldn't want to be on a longer one.
Reply With Quote Quick reply to this message
 
Old 07-09-2019, 07:21 AM
 
28,619 posts, read 18,658,429 times
Reputation: 30894
Quote:
Originally Posted by lieqiang View Post
As others pointed out it seems to depend on the cruise type.

One that stands out is Viking River Cruises, we've seen their tour groups shuffling past in a few locations around the world and I'd be surprised if any of them were under age 70. I've no idea what specifically about that cruise line draws in the older crowd but it's definitely something.
Cheaper than living in a nursing home, and the housekeeping and food are better.

Seriously.
Reply With Quote Quick reply to this message
 
Old 07-09-2019, 09:19 AM
 
Location: equator
11,022 posts, read 6,576,190 times
Reputation: 25487
Quote:
Originally Posted by Serious Conversation View Post
When I travel, I like to "roam." I don't like being tied down to one area for more than three or four days at the most. I could handle a short cruise, but wouldn't want to be on a longer one.
Even with activities all day long, and a Las Vegas-type show every night? And all the food...

Probably what you and other millennials would hate is no internet for 2 weeks. Unless you pay an exorbitant fee like $30 for 15 min. for spotty reception. I've never seen so many people with a book, LOL.

If nothing else, it is a civilized, totally relaxing way to cross the Atlantic, as opposed to flying!
Reply With Quote Quick reply to this message
 
Old 07-09-2019, 09:22 AM
 
Location: equator
11,022 posts, read 6,576,190 times
Reputation: 25487
Quote:
Originally Posted by lieqiang View Post
As others pointed out it seems to depend on the cruise type.

One that stands out is Viking River Cruises, we've seen their tour groups shuffling past in a few locations around the world and I'd be surprised if any of them were under age 70. I've no idea what specifically about that cruise line draws in the older crowd but it's definitely something.
Probably cost or duration? I looked into River Cruises but they are super expensive. Maybe not enough activities on a smaller boat, for the youngers.
Reply With Quote Quick reply to this message
 
Old 07-09-2019, 09:42 AM
 
Location: Wonderland
67,652 posts, read 60,522,149 times
Reputation: 101044
Quote:
Originally Posted by Ralph_Kirk View Post
I don't think huge houses are a Boomer thing. When Boomers were most actively homebuying during the 70s through the 90s, average home sizes rose from 1,500 to about 1,800 square feet over those three decades. That's less than double the 1930 average of about 1,120 square feet.


Average home size didn't go over 2,000 until the 90s, when Xers were moving into their peak.
And now the average home size is 2600 square feet and Millennials are buying homes in a huge way. Remember that Millennials are ages 23 to 38. In January 2017, Millennials surpassed Generation Xers in home buying numbers and they are now the largest segment of home buyers. By the end of 2018, Millennials made up over 45 percent of all new mortgages, compared to 36 percent for Gen Xers and only 17 percent for Boomers.
https://www.housingwire.com/articles...housing-market

And they're not going cheap. They also make up the largest volume dollar wise as well.

From the article above:
Quote:
“At the end of 2018, the median price of a mortgaged home purchased by Millennials was $238,000, $26,000 less than the median price of a home mortgaged by Baby Boomers and $51,000 than Generation X.”
They also make a lower down payment than any other generation. But that's understandable since this is often their first home and so they are not typically bringing over equity from a previous home.
Reply With Quote Quick reply to this message
 
Old 07-09-2019, 09:44 AM
 
Location: Wonderland
67,652 posts, read 60,522,149 times
Reputation: 101044
Quote:
Originally Posted by C24L View Post
I am a millennial and cruising doesnt appeal to me.
I am a Boomer and it doesn't appeal to me either!
Reply With Quote Quick reply to this message
 
Old 07-09-2019, 09:46 AM
 
Location: Wonderland
67,652 posts, read 60,522,149 times
Reputation: 101044
Quote:
Originally Posted by Serious Conversation View Post
When I travel, I like to "roam." I don't like being tied down to one area for more than three or four days at the most. I could handle a short cruise, but wouldn't want to be on a longer one.
This Boomer loves to roam too. I have only ever been on one or two group vacations of any sort and I HATED every minute of it! When my husband and I travel, we always rent a vehicle and hit the road, free as a bird. This includes England where they drive on the "wrong" side of the road! LOL Good times!
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top