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Driving forces and its impacts to Hospitality industryPopulation and Demographic Huong Tran, Lien Dao, Anh VuDriving forces and its impactsThe Baby Boomers transitioning into retirementForever young mindset: development of experiential travelRetirees are an attractive market in non-peak seasonsAccessibility is key: 1/3 of market has some form of physical disability

Driving forces and its impacts (Continue)Declustering: more sub-cities and multipolar cities will be createdBirth rate is falling: aging population Lifestyles and attitudes are evolvingIncreased single person householdsTravelling more frequently to reconnect with family and friendsDriving forces and its impacts (Continue)Feminisation of societyMillennials Bleisure developed Adventure travelTravel futureVolunteer tourism Global citizenship

The exploration of AsianMigrationFill vacancies in tourism industryCreate more travel from countries to countries

Sources http://www.jchs.harvard.edu/sites/jchs.harvard.edu/files/son2012_demographic_drivers.pdfhttp://www.investopedia.com/articles/investing/012315/how-demographics-drive-economy.asphttp://www.slideshare.net/chrisfair/15-024-res-webinar-tourism-2020-high-res-opt?related=1http://www.goodfellowpublishers.com/academic-publishing.php?promoCode=&partnerID=&content=story&storyID=238