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Aito travel insights: Specialists well placed to profit from baby boomer spend

Operators
Gary Noakes
2 March 2020

Clients of specialist tour operators are the ones with the time, money and motivation to travel, a survey of Aito members’ clients has concluded.

Older travellers are keen to holiday but need reassurance, Silver Travel Advisor found

Aito agents and operators compiled more than 26,000 client responses from 39 companies; more than 80% were aged 50 or older, with a mean age of 61, while 48% were retired. “This is very exciting data for specialist operators,” said Aito in its 2020 Travel Insights report.


The association said the over-50s market “was only getting larger”, with the number of births over the past 80 years far outweighing the number of deaths.


“The second wave of the baby boomer generation [born 1946-1964] is starting to reach 60 this year, leading to the 55-75 age range being the most populous of any bracket this coming decade,” the report said.