Lifestyle

Travelers worldwide are cancelling trips over coronavirus fears — but millennials are snapping up cheap flights despite the risks, and it says a lot about who they are as a generation

millennial travel coronavirus.JPG
Millennials are booking cheap coronavirus flights for a vacation. FLAVIO LO SCALZO/Reuters
Read in app

Coronavirus is ruining a lot of travel plans.

But not for some millennials. While many people are cancelling, rescheduling, or changing trips, the younger generation is taking advantage of cheap flights, reported Ben Kesslen for NBC.

In a time when coronavirus has decimated air travel, airlines are dropping prices and offering flexible ticket policies to some locations. The 20-somethings Kesslen spoke with said they want to capitalize on this for various reasons: to explore new destinations, enjoy a vacation, or see family.

"I feel like if the coronavirus would get even more serious and like wipe out a large amount of people, I might as well be somewhere having fun," Ashley Henkel, who booked flights to Vancouver, New York City, and Portland, Oregon, for the summer told Kesslen. She had ruled out summer trips for cost reasons until coronavirus hit and made them cheaper, according to Kesslen. There is "no fun in staying at home and being all worried," she said.

As of Wednesday, the World Health Organization officially declared coronavirus a pandemic. While those 60 and older are at greater risk of becoming ill with coronavirus than younger folks, that doesn't mean young people are completely immune to the virus — especially if they have underlying health conditions.

Many millennials have taken to the internet to parody their generation's desire to travel in the time of an international crisis. 

Millennials are all about experiences

Millennials seeing the coronavirus era as an opportunity to travel says a lot about their generation's lifestyle.

They've come to define the experience economy, in which they prefer to spend their money on experiences like travel over material things. In fact, travel is one of the main forces motivating millennials to earn a paycheck.

"Millennials are motivated to work in order to pay for basic necessities and to earn money to travel, more so than making money to pay off debt or save for retirement," Business Insider's Liz Knueven previously reported.

It's partly why they're the generation driving the most growth in the travel industry. They take more vacation days than any other generation — 35 days a year — and are more willing to spend more on a vacation, according to a Travelport survey.

While they're willing to spend more, they want their dollars to stretch as far as possible. Millennials want the most bang for their buck when spending, so they look for more budget-conscious options than their parents did when traveling. It's all about doing a lot and experiencing more. One way they try to keep costs down is by staying at more affordable places like Airbnbs or sharing rules.

It also apparently means booking cheap flights, even if it could increase their risk of getting infected with the coronavirus.

Read next

Hillary focuses on the intersection of youth culture and wealth, reporting on the lifestyles and economics of millennials and Gen Z. She covers trends in how these generations are living and spending and examines how the economy is shaping them and their financial behaviors She also reports on consumer spending and New York City's economy, and previously wrote about the ultrarich and personal finance at Insider before joining its economy team. Basically, she's written about money from every angle you can imagine. Inside the epicenter of America's Great Resignation: Kentuckians lay out the 4 forces driving the state's labor shortage — and explain why it's here to stay Millennial New Yorkers are ditching basements and roommates for luxury apartments at $1,000-plus discounts The world's youngest self-made billionaire hopes to power every future self-driving car with a technology that Elon Musk says is 'doomed' Tiffany and the Trumps: Insiders describe how the president's younger daughter has charted what they say is a distant relationship with her father and come to terms with having America's most divisive last name Inside the French Riviera's pandemic party problem Yachting insiders detail the rampant sexual harassment aboard million-dollar ships, where crew members are promised a glamorous lifestyle and can instead find themselves trapped at sea with no one to turn to Millennials came limping out of the Great Recession with massive student debt and crippled finances. Here's what the generation is up against if the coronavirus triggers another recession.