Travel
LGBTQ+ Travel Segment: Younger Demographics Spend More On Unique Experiences – Travel And Tour World
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Tuesday, July 16, 2024
Reading Time: 3 minutes
LGBTQ+ travelers significantly impact tourism with over $200 billion spent annually. They prefer inclusive destinations, book last-minute, and actively share online.
The LGBTQ+ travel sector is thriving, with individuals in this demographic making a notable impact on the tourism industry, according to a recent report by Arival. Titled ‘The LGBTQ+ Experiences Traveler,’ the report delves into the characteristics of these travelers, their preferences, and how experience providers can better serve their unique needs.
“The LGBTQ+ travel market represents a significant opportunity for the tourism industry,” says Stephen Joyce, VP Content at Arival. “They are high-spending adventurers seeking not just new destinations, but inclusive experiences that reflect their values. By understanding their preferences and prioritizing genuine hospitality, travel providers can unlock significant growth and build lasting relationships with this loyal customer segment.”
Key Findings:
LGBTQ+ Travelers Spend More and Do More: The LGBTQ+ travel market is marked by high spending and active engagement. This segment contributes over $200 billion globally to the travel industry each year, as reported by the World Travel & Tourism Council (WTTC) and the International Gay & Lesbian Travel Association (IGLTA). In the US, LGBTQ+ travelers alone account for more than $65 billion annually. They also tend to be younger, with 82% between the ages of 18-54, compared to 60% of other travelers. This younger demographic is more likely to seek out and spend on diverse experiences during their travels. They visit more attractions, engage in more outdoor activities, and participate in more tours than other travelers. On average, they visit two more attractions per trip, spend $60 more per attraction, and partake in two additional activities per trip with a 23% higher spend per activity.
Top Destination Choices: Florida, California, and New York emerge as the top destinations for LGBTQ+ travelers, offering a blend of cityscapes, beach escapes, and major theme parks. Amusement parks are particularly popular among gay male travelers.
Preference for Welcoming and Inclusive Brands: Inclusivity, representation, and personal safety are crucial for LGBTQ+ travelers when choosing destinations and travel brands. Over 66% of LGBTQ+ travelers prefer destinations and brands that are welcoming to LGBTQ+ individuals and people of color, compared to 39% of other travelers. They also tend to avoid places that do not align with their social and personal values.
Last-Minute Bookings and Online Sharing: LGBTQ+ travelers often book trips at the last minute, with nearly half making their bookings just one week in advance. This spontaneity is likely due to their younger age and financial flexibility. Additionally, they are highly active in sharing their travel experiences online, posting reviews and content on platforms like Google, Facebook, TikTok, YouTube, and Instagram. This behavior amplifies their impact on travel brands and destinations, making positive reviews and social media presence crucial for operators.
Recommendations for Travel Operators:
Inclusive Marketing Matters: Ensure diverse and inclusive representations of people in marketing materials. Feature all types of families to build trust and confidence in your brand.
Demonstrate Authentic Inclusivity Efforts: Genuine inclusivity goes beyond marketing. Understand and address the unique needs and safety concerns of LGBTQ+ travelers to foster a welcoming environment.
Welcome LGBTQ+ Families: Recognize the growing number of LGBTQ+ families and tailor experiences that are supportive and welcoming to diverse family structures.
Leverage Higher Spending: LGBTQ+ travelers have higher spending power. Create experiences tailored to this affluent market, but avoid disingenuous tactics.
Engage in Collaborative Referrals: Partner with other inclusive businesses to offer bundled experiences or referrals, enhancing the overall travel experience and promoting safety and comfort.
Target Amusement Park Enthusiasts: With a strong interest in amusement parks, operators in this sector should actively market to the LGBTQ+ community.
Based on a survey of 1,000 U.S. travelers, the LGBTQ+ Experiences Traveler report provides insights into the LGBTQ+ segment of the U.S. traveler: who they are, what they want, and how they research, book, and share experiences.
Tags: amusement parks, Arival report, collaborative referrals, Diverse Experiences, economic impact, inclusive destinations, last-minute bookings, LGBTQ+ families, LGBTQ+ preferences, LGBTQ+ Travel, online sharing, top destinations, Tourism industry, Tourism news, travel brands, Travel Inclusivity, Travel Insights, Travel Marketing, Travel News, travel spending, travel trends, younger travelers