UNDERSTANDING THE SENIOR TRAVEL MARKET: A REVIEW Katija Vojvodić University of Dubrovnik Department of Economics and Business Economics ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija CONTENTS Introduction Seniors’ travel motivations Seniors’ travel preferences Senior travellers and special interest tourism Conclusion ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija INTRODUCTION population ageing growing tourism market senior traveller - a person aged 55 and over baby boomers, mature-aged travellers, older travellers, older adults, older tourists, grey nomads market size, potential for growth, better overall health, increasing purchasing power and time flexibility after retirement ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija SENIORS’ TRAVEL MOTIVATIONS escape from daily routines, stimulation of senses, and a chance for social interaction (Harssel & Theobald, 1995) enthusiastic travellers, cultural explorers, escapists and spiritual travellers (Ward, 2014) nostalgics, friendlies, learners, escapists, thinkers, statusseekers, and physicals (Cleaver et al., 1999) “cultural and historical seekers” and “holiday and leisure seekers” (Sangpikul, 2008) ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija SENIORS’ TRAVEL MOTIVATIONS “novelty and knowledge-seeking” and “cultural and historical attractions” (Sangpikul, 2008) extraordinary opportunities to meet new people, develop new relationships, escape from the existing relationships, different social norms, hierarchies, and prohibitions (Ryu et al., 2014) self-perceived age - the young at heart and the not so young at heart (Muller & O’Cass, 2011) ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija SENIORS’ TRAVEL PREFERENCES ageing influences travel-related behaviour changes preferences for package tours and travel agents emphasis on a higher level of comfort and less risk a desire for more flexible and individualised travel packages (Patterson and Pegg, 2011) information sources – word-of-mouth and personal experiences the Internet will become the principle means for seniors to research, plan and book holidays ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija SENIORS’ TRAVEL PREFERENCES the importance of hotel attributes: →“value for money”; service staff attitude and behaviour; mobility limitations (Callan & Bowman, 2000) →“value for money”; availability of organised entertainment in the hotel (Meltem & Tahir, 2014) →senior-friendly facilities (Chen et al., 2014) prolonged stays and a higher propensity for long distance travel ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija SENIOR TRAVELLERS AND SPECIAL INTEREST TOURISM active travellers taking care of their physical and mental health more physically challenging, adrenalin-driven activities and soft adventure activities older adults constitute a distinctive ecotourist market educational travel and opportunities for self-development ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija CONCLUSIONS senior travellers are shown not to be a uniform market more research to better identify the motives of senior travellers need for additional cross-culture studies in senior leisure travel travel marketers developing special interest package tours need to consider carefully demand characteristics in order to better target and better satisfy the senior travel market ToSEE - Tourism in South East Europe 3rd International Scientific Conference Sustainable Tourism, Economic Development and Quality of Life University of Rijeka, Faculty of Tourism and Hospitality Management Opatija CONCLUSIONS creating an appropriate travel environment for senior travellers – an imperative goal for the tourism and hospitality industry understanding senior consumers in the tourism industry is crucial for both policy makers and industry practitioners in order to improve tourism products according to their needs and to capture this market segment more effectively Thank you for your attention! Katija Vojvodić University of Dubrovnik Department of Economics and Business Economics [email protected]
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