The U.S. Travel Industry Association estimates that more than 5 million family vacations a year in the United States now encompass three generations, with grandparents often footing the bill. Multi-generational travel is a hot trend, having increased from 22 to 32 percent in the last five years, with the phenomenon expected to grow as the U.S. population ages.

Travel companies, hotels and theme parks have taken notice and are eager to cater to the trend. Cruise lines are especially active in marketing fixed-price packages that include activities for all ages, meals and group discounts. All-inclusive resorts and vacation rental agents are also on board, offering plans to accommodate all budgets.

Source: Orlando Sun-Sentinel