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Millennials account for 30% of hotel and restaurant revenue

Hoteliers and restaurateurs estimate that a third of their annual revenue now comes from the millennial generation, according to new research.

In a report, ‘Finding the balance: human touch vs high tech’, international law firm CMS showed millennials – people who reached adulthood in the early 21st Century – were spending 26% of their total income on holidays and eating out.

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