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Quartz: One in five vacation days in Europe are by tourists aged 65 and over

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Quartz: One in five vacation days in Europe are by tourists aged 65 and over

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Old Oct 5, 2016, 4:32 pm
  #1  
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Quartz: One in five vacation days in Europe are by tourists aged 65 and over

Pensioners in Europe are enjoying their sunset years.

Older European Union residents—aged 65 or over—accounted for 20% of the tourism activity (in terms of number of nights spent by EU residents) in 2014, according to recent figures (pdf) released by Eurostat. While older tourists make up a large bulk of those on holiday, they actually spend 20% less per day for their tourism trips than the average tourist—at just €52.60 a day ($59).

http://qz.com/801120/one-in-five-vac...d-65-and-over/
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Old Oct 5, 2016, 5:29 pm
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Is anyone surprised by this???
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Old Oct 5, 2016, 6:30 pm
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Agreed.
Both numbers are hardly surprising. For a very long list of reasons.
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Old Oct 6, 2016, 2:17 am
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Originally Posted by jaymar01
Pensioners in Europe are enjoying their sunset years.

Older European Union residents—aged 65 or over—accounted for 20% of the tourism activity (in terms of number of nights spent by EU residents) in 2014, according to recent figures (pdf) released by Eurostat. While older tourists make up a large bulk of those on holiday, they actually spend 20% less per day for their tourism trips than the average tourist—at just €52.60 a day ($59).

http://qz.com/801120/one-in-five-vac...d-65-and-over/
What else would be expected? Given the improved health of relatively young retirees and these retirees largely living on fixed incomes (generally lower than their last working year incomes) and on savings, spending less than the 50-64-years old crowd is just a sign of consumers behaving in rational ways in the aggregate.
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Old Oct 6, 2016, 5:31 am
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They also have more days to spend it so aren't packing everything into a high-rolling weekend break.
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