HOW DID IT ALL BEGIN...?
The Internet: you love it; you need it; you can’t live without it. But how did it all begin? No single person invented the internet. It was a result of years of collaboration among computer scientists, researchers and engineers.
Can you imagine your life without the internet? Just close your eyes for a moment and think about what life was before the web. Millennials will never experience a world with no connectivity and for those of us who do remember the old days, could we say we really miss those days!?
The internet is still relatively young (celebrating its 28th birthday this year) and yet the connectivity has already produced long lasting effects. It started with a cable plugged into the phone line and now we process the entire world in the palm of our hand.
As of August 2017, there are 1.24 billion websites in the world! A long way we have come since the world’s first website was published on August 6, 1991 by British physicist Tim Berners Lee. With 3.74 billion internet users in the world as of March 2017, China has more than double the population of the USA. This incredible web of technology has connected our globe in ways we never imagined and it is an industry that is continuing to grow exponentially each year.
Today, almost one-third of the world’s 6.8 billion people use the internet regularly. From logging into our Facebook; to buying our supplies on Amazon; to googling how to cure a common cold; our lives have changed and technology has become the leading forefront of our time.
The birth of the internet was the beginning to user friendly technology, something that we believe we have created for our clients at Lexicon Travel Tech. We have great technology, the best in the business. But, we’re not just a technology company, we are connecting wires and hoping our client’s businesses grow.
Join the movement.
#lexicontraveltech #lexicon #jointhemovement #wordstockblog #traveltechnology #distributiontechnology #hotelbookings #independenthotels #wednesdayblog #wednesdaywordblog #vacationrental #vacationproperties #timeshare #vacationresorts #traveltech #travelblog #traveltechblog #travelblogger #bloggersofinstagram #writersofig #internet #historyofinternet #website
A high topic of conversation as we see industry trends changing the way we do everything today. The millennial generation being a generation of children born between 1982 and 2002 makes up about 81 million people who will replace our baby-boomers as they retire.
Always connected, highly-mobile millennials are creating new norms for leisure and business travel. With technology leading the way, millennials have learned how to completely plug themselves in; engaging in not so cookie-cutter vacations, sharing their experiences via social media, and exploring the world with a 10k plus following on Instagram. Statistics show that 44% of millennials find their travel inspiration from YouTube videos and 28% from the ever so popular Instagram.
When hitting the road, millennials see themselves as Dora the Explorer, ready for the adventure of a lifetime! With over 200 billion dollars spent annually by millennials, they are surprisingly spending less on each vacation! With weekend trips accounting for nearly half of all millennial vacations, they undoubtedly favor vacation rentals over hotels, cities over beaches and love to finish up a business trip with leisure travel.
Online communities such as HomeAway and Airbnb have been the nesting ground for millennials as they search, plan and book their travel. Millennials already make up 40% of leisure travelers who book online and they don’t think twice about spending the night in a treehouse in the mountains thousands of miles away from home. Millennials are no longer seeking a party-animal atmosphere when traveling, they are looking to fully immerse themselves into new cultures and feasting on local cuisine.
With millennials influencing and strengthening the travel industry, Lexicon Travel Technologies powers the leading distribution platform for independent hotels and vacation rentals. A true example of trend and technology at its finest.
Join the movement.
#lexicontraveltech #lexicon #jointhemovement #wordstockblog #traveltechnology #distributiontechnology #hotelbookings #independenthotels #wednesdayblog #wednesdaywordblog #vacationrental #vacationproperties #timeshare #vacationresorts #traveltech #travelblog #traveltechblog #travelblogger #bloggersofinstagram #writersofig #millennials #millennialblogger #millennialtravel #traveltheworld #homeaway #airbnb #travelgram
Since launching with Lexicon, Laketown Wharf has seen a 380% revenue increase within the first five months. It started with onboarding; in less than two weeks, Lexicon onboarded over 250 individual units, connecting their inventory instantly to all of the major online travel agencies.
Emerald View uses Lexicon’s software tools to automatically maintain price parity across booking channels, run specials and promotions, track competitive rates, increase OTA content scores to over 90%, and most importantly reduce the time and cost of managing online bookings.
#wednesdaywordstock #wednesdayblog #jointhemovement #lexicontraveltech