The travel industry has long sought to understand the millennial mentality, including how their attitudes and preferences impact where they go, whom they travel with, and how much they spend. Now that some millennials have begun to have children and raise families, will their travel behavior change?

Travel is important to the European culture - regardless of how much or little is spent - and several annual trips and long-duration escapes are still a priority.

The hype around artificial intelligence (AI) is staggering. It's difficult to pick up a technology publication today without seeing some reference to AI, but what does it mean for the travel industry? Is AI here to stay, or just the passing technology du jour?

Chatbots have a broad range of applications for travel, from planning and booking to customer service. Numerous travel companies have tested the waters with chatbots and the share of travelers who are comfortable with chatbots is not insignificant. The first wave of chatbots was an early step, and conversational interfaces have a significant role to play in the future of travel. New Phocuswright travel research surveys the technology that eventually will take chatbots from disappointing to dazzling and takes stock of the state of travel chatbots in 2018.

While baby boomers (ages 54-72) may no longer be the largest demographic in the U.S. (that distinction now belongs to millennials), boomers have more disposable income and more time to spend on travel than any other generation.

Focusing on consumers in France, Germany and the U.K., this infographic highlights some high-level findings from Phocuswright's forthcoming European Consumer Travel Report 2018 series.

Phocuswright has identified key insights into the solid and steady rise of the U.S. corporate travel segment. Read on to explore four trends highlighted in this travel market research.

The global travel activities market - the amount travelers spend in destination while traveling - includes tours, attractions, events, activities (excluding dining and shopping) and transportation. This segment represented 10% of the global travel market in 2016, a larger share than either the rail, car rental and cruise segments. Read on to explore the sub-segment of tours, activities and attractions and get a free download.

It's critical for travel companies to understand the consumer behaviors and preferences that influence purchase decisions. A recent research report series explores digital travelers in Brazil, Australia, South Korea and Japan. These reports take into consideration local economic and cultural influences to provide consumer insights about each unique market.

A decade has passed since Bitcoin's mysterious founder published a paper describing blockchain, the technology behind the world's first decentralized cryptocurrency. Exuberant evangelists have since touted blockchain's potential to solve many of the world's problems. Pundits claim it will revolutionize the global economy, end poverty, eliminate identity theft and transform the future of work.