Millennial travel spending keeps rising

Study: 
MMGY Global's "2014 Portrait of American Travelers" shows that travel spending by the millennial generation was up 20% over last year, marking the largest year-over-year spending increase since before the downturn. MMGY executive Steve Cohen said millennials were the second-largest spenders on travel in the past 12 months and are projected to be the second-highest spenders in the next 12 months, overtaken in both cases by the mature generation. "Millennials are leading the travel resurgence as the economy returns," Cohen said

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