Young people focused on traveling, despite economy

For once, youth isn’t wasted on the young. Young adults who aren’t burdened by jobs, bills or the other trappings of adult life are realizing that they have a chance that will never arise again. They have the elbow room to go out and see the world … and they’re taking advantage of it.

Because younger travelers visit countries for an average 53 days – compared to 3 ½ for business travelers – the segment once believed to be lazy, broke and drunk is being seen differently. For Australia alone, this group is worth AU$11 billion (US$8.5 billion) this year.

Thanks to global economic developments, the definition of youth traveler has been stretched out a bit from late teens to 29 years old. Hey, people in their 30s are moving back in with their parents, so this is fair.