The Internet will fundamentally change travel in the next decade

The greater connectivity, the Internet is one of the factors that will fundamentally change travel in the next decade. Other parameters that will affect the future of the travel industry on a global level…
by 2025, is a growing middle class, improved transport infrastructure in many countries and an aging population that has more time for leisure travel. “Travel abroad will become more common and feasible in the future.”
The picture above describes the investigation of the Visa, which estimates that the families, who will be traveling abroad will exceed 280 million by 2025, while household expenditure on travel to international destinations will reach the $5.300 per household per year, by 2025. The research calculates that approximately 282 million households will plan at least one trip abroad a year by 2025, almost a 35% increase compared to the 2015.
“Changing demographics, combined with technology will make travel abroad easier and less expensive,” says the study, conducted by Oxford Economics.
The research finds that, on the one hand globalisation and on the other hand, the technology to broaden access to travel: information on travel options is widening with the rapid expansion of the Internet and the number of mobile devices worldwide. The digital connectivity not only facilitates the spontaneity of travel, but also promotes a wider range of personalized travel and touring options.
New travel trend
The investigation detects the rise of a new international travel policy, a trend which create the increasing levels of income worldwide. The investigation showed that households with an income of at least $20,000 a year, representing more than 90% of the world’s expenditure for traveling abroad today. By 2025, it is estimated that nearly half of all households worldwide (945 million) will be located in this income category, resulting in more trips abroad with larger costs, mainly by households in emerging markets, such as China, Russia and Brazil.
But the global ageing of the population creates new data, as well as by 2025, travelers age 65+ will more than double the trips abroad, accounting for one-in-eight trips in the world. The research calculates that the older travellers will have the financial ability for longer trips provide greater comfort at higher prices. Trends, such as the ‘medical tourism’, through which older people travelling abroad for medical reasons, will also flourish in the future.
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