This year, in Saudi Arabia, Travel and tourism investment will rise by almost 10 percent with equally high level of digital consumption in impending days. Various customer friendly innovations in travel technology are maintaining the industry’s growth by offering travelers with wide travel choices. In the 2017 Arabian Travel Market (ATM) which took place from Monday thru Thursday, Travelport was one of its leading participants. The company brought to the forefront how travel technology is empowering airlines and travel agents across the Middle East to meet the demands of the travelers and provide a more personalized travel experience to the new age visitors.
The company also made it clear that today’s youngest working segment — the millennial generation will become the largest workforce segment by 2030. It has also been highlighted that Middle East travel industry players are bridging technology to satisfy the millennials who spend more than their global peers with regards to travel.
The millennials hold a quarter of the population in the GCC. The spending power of the millennials are already being felt by the region’s travel industry and it is estimated that millennials in Saudi Arabia spend two and a half times the global average on a particular trip and will continue to grow in the coming days.