Her comment about the spending tipping point is a projection from the company’s analysis of the 10,000 or so booking engines which it runs on various hotel dotcoms - that’s 20 million transactions. “It’s known that millennials will become the largest spending travel demographic by 2020. But we’re seeing that, in hospitality, the trends are sharper, and we think that by 2017 or 2018 millennials will be the hotel industry’s most important market.” Get the full story at Tnooz