Is the Rise of Micro-cations Among Working Millennials Changing the Way Companies Value Vacation Time?
This new era requires new ways to work, think and live and Millennials are opting to take more, but shorter, vacations then previous generations. A "micro-cation" is defined as a leisure trip that is less than five nights. The majority (57 percent) of Americans did not take a leisure trip longer than four nights in the last year, with Millennials leading this "micro-cation" trend, according to the 2019 Vacation Confidence Index released by Allianz Global Assistance, a leading travel insurance and assistance company. Not only are Americans taking shorter trips, but for many, these micro-cations are replacing the traditional week-long vacation. Micro-cations allow many Americans to travel more frequently, with Millennials saying they've taken at least three micro-cations in the last year.