Established in 1929
Health City Sun
The
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New Mexico’s Legal & Financial Weekly
January 9, 2015
Vol. 5.86 No. 2
FORECLOSURE SALES: 2
PROBATE: 12
NOTICE OF SUITS: 4
OTHER: 20
Five Ways The Millennials Are Changing Travel
AUCTIONS: 2
SPANISH NOTICES: 1
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T
he millennials are coming. Or rather, they are traveling. The United Nations estimates that 20 percent of all international tourists these days are young people. This translates to 200 million travelers.
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Younger travelers are looking for—and getting—new types of travel, and they’re making big changes. Here’s how:
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1. They’re committed to travel. According to a survey published by Expedia, those 30 and under report taking an average of 4.2 leisure trips a year, more than any other age group. This has led some younger travelers to purchase vacation ownership, or timeshare, an industry that is seeing a surge in younger buyers. In fact, new timeshare owners are nearly 10 years younger than traditional timeshare owners have been, according to a study by the American Resort Development Association (ARDA).
4. They do their research. Before making a purchase, nearly threefourths of millennials re- search the product online, accord- ing to The Intelligence Group. They also like to try out a product before they purchase it. According to ARDA, 42 percent of new timeshare owners experienced the product firsthand by renting through sites such as EndlessVacationRentals.com before making the purchase.
2. They don’t visit destinations. They experience places. Younger travelers are less interested in “the traditional sun, sea and sand holidays” than previous generations were, according to the World Youth Student and Educational Travel Confederation. Young travelers want to immerse themselves in local culture and live unique experiences. They believe that life is too short to not go skydiving in New Zealand or hike the Grand Canyon. 3. They don’t place as much value on ownership. Millennials also place more value on access than on whole ownership. This could contribute to the surge in their purchasing timeshares, which offers access to a condo or resort without the full investment of a second home. Through vacation exchange brands such as RCI, a timeshare purchase can give travelers access to accommodations all over the world, making this type of investment all the more enticing to younger generations.
5. They’re mobile. Naturally, the early adopters of mobile technology are some of its most prolific users. Younger groups are more likely to book and research their travel online and through mobile devices. Only 18 percent of those under 30 have not used a smartphone for travel, according to an Expedia survey. The younger generation has unique characteristics and expectations that are changing the world of travel as they voyage far and often on their mission to experience as much of the world as possible. -(NAPSI)
Three Ways To Save Money In 2015
G
ood news for some homeowners looking to save money: Utility costs are your biggest housing expense after the mortgage, but there are more ways than ever to save on energy bills. Homeowners who act now can save thousands in the years ahead. Connected Home Bliss Beyond the convenience of controlling your home appliances from a smartphone, the ability to preset your dishwasher or adjust your heating to run during low usage times can save hundreds each year. Programmable thermostats alone can trim about $180 a year from your bill by reducing your heating or cooling when you need it least, according to Consumer Reports. Studies also show that the more you know about your energy usage, the more likely you are to conserve. Swap and Save
Nearly half of your home’s energy use can come from products you plug into the wall. But hundreds of products, from computers to toasters, carry the ENERGY STAR energy-efficiency certification. Swapping old lightbulbs and household appliances for options bearing the governmentbacked ENERGY STAR label can immediately lower your energy bills. Choosing solar power can mean savings, too. Solar Power For Less SolarCity, America’s largest residential solar provider, recently introduced a program called MyPower that can help homeowners cut their utility bills by using solar energy to power their homes. MyPower can allow customers to pay less for solar than they previously paid for power from the utility each month. Visit www.solarcity.com to learn more. -(NAPSI)