Forbes Feature — Multigenerational Travel & the Great Wealth Transfer
Forbes senior contributor Joseph Coughlin recently discussed with Orbridge President Jim Staples how multigenerational travel is influenced by the Great Wealth Transfer.
“One of the biggest trends we are seeing is that generational travel has increased substantially. Boomers are bringing big and small family groups more on experiences,” says Staples. “We hear from our clients over and over that the parents or grandparents want to experience this (travel) alongside their family. People view travel as a way to connect, create and share memories, and bond. As those with the financial resources age, they want this bonding time with their children and grandchildren… experiencing something brand new at their older age with the people they love is irreplaceable.”
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