Incentive travel is booming, with all-inclusive resorts seeing double-digit growth in group bookings in early 2023. As businesses increasingly value unique travel experiences for rewarding top performers, the hotel industry is set to thrive on this rising trend! #IncentiveTravel #HotelIndustry
Bruce McGregor’s Post
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STAAH introduces the revolutionary Travel Agent & Corporate Travel Module (TACT) for hoteliers, streamlining travel agent and corporate bookings, enhancing efficiency, and driving growth in a competitive market. Read more about this transformative tool here: https://lnkd.in/gYKNJ9Gs #STAAH #TACT #hospitalitytechnology #hoteltechnology #travelagent #corporate #bookings
STAAH launches new Travel Agent & Corporate Travel module for hoteliers - ET TravelWorld
travel.economictimes.indiatimes.com
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Hotels are the winners as business travel rebounds, but chain hotels should be wary of the threat posed by short-term rentals, according to Morning Consult. #businesstravel #hotels #shorttermrentals
As business travel rebounds, hotels win: report
hoteldive.com
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Important read from Karryon: Together In Travel; a must-read and share for business travelers. #businesstravel #travel #business #hotel
7 ways business travellers are cutting travel costs, including this hotel hack
https://karryon.com.au
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"A piece of the corporate travel segment incentivizes employees to perform their best and incentivizes hotel companies to deliver on the rewards." #hotelindustry #hotels #hospitality #hotelmanagement #hotelsandresorts #hospitalityindustry #dshhoteladvisors https://lnkd.in/gn4cgFbU
Hotels Respond to Surge in Incentive Travel
costar.com
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Explore the latest incentive travel trends with Skift Meetings! Miguel Neves, author of Skift Meetings article, “Attendee Preferences in Incentive Travel: 2024 Insights,” dives into new incentive preferences spotlighted by The Incentive Research Foundation (IRF). IRF’s findings shed light on a paradigm shift in generational desires with newfound affinities for unique incentive trip locations, desired trip length, and top drivers of positive experiences. The article details key consumer attitudes and denotes Mexico’s San Jose del Cabo region as one of the most popular destinations of 2024. We're happy to hear that Los Cabos is at the forefront of incentives. Our Los Cabos sales members are outstanding at helping cultivate exceptional incentive trip experiences. Our service quality and local expertise will help you take your incentive trip offerings to new heights. If you are considering trip opportunities in Los Cabos, consider Terramar DMC! Click the link below to read Skift Meetings' insightful article! #Incentivetrips #EventProfs #Incentivetravel #TerramarDMC #LosCabos
Attendee Preferences in Incentive Travel: 2024 Insights
meetings.skift.com
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According to the recently released 2024 Attendee Preferences for Incentive Travel report, the hot buttons for incentive program participants this year are cruising, private accommodations, luxury experiences, and merchandise. If you want an in-depth review of your sales incentive initiatives, contact Invoke today! #salesincentives #incentivetravel #irf #invokemktg
New Incentive Report: 4 Shifting Preferences
meetingsnet.com
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New IRF Attendee Preference Study Reports Most Motivating Destinations and Program Design Elements According to a recent IRF survey of North American employees, the appeal of group incentive travel remains strong. A group incentive travel experience to an appealing destination was rated ‘very’ or ‘extremely motivating’ by 91% of respondents for the third year in a row. 2024 Attendee Preferences for Incentive Travel explores trends in attendee preferences, factors in destination selection, and how incentive travel program design can impact employee motivation. “The motivational impact of incentive award travel remains high, and attendees find appeal in a broad array of destinations, program attributes, and trip features,” said Stephanie Harris, IRF President. “The insights provided by attendees will ensure incentive planners can feel confident in designing programs that capture the interest and enthusiasm of their attendees while balancing their budgetary and business realities.” 2024 Attendee Preferences for Incentive Travel looks at destinations and program design to determine the elements that provide maximum inspiration to earn the award. Key insights include: -Motivational appeal of group travel continues to be extremely high, especially among Gen Z and Millennials, and signals the continued relevance of incentive travel programs. -2024’s top North American destinations preferred by qualified employees include past favorites such as Hawaii, Las Vegas, and Florida. -Preferred international locations include countries in Western Europe andCentral America. -Incentive travel attendees want free time to relax, opportunities for unique experiences, and luxury accommodations and experiences. -Previously visited destinations that qualified employees recommend returning to for incentive award travel include Hawaii, The Caribbean, Central America, and Western Europe. -Attendees are excited about cruising, with 75% indicating a cruise experience is desirable regardless of the destination. -Cvent booking data illustrates Mexico and The Caribbean are still trending high for incentive destinations with nine out of the top ten booking destinations being in those regions. #IncentiveTravel #MeetingsAndEvents #EmployeeRewards #Travel #iCentiviz
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A recent MMGY Global Travel Intelligence survey reveals a promising uptick in travel intent among Americans and overall travel performance for the year. Full story: #HOTELS #hotelnews #hospitality #hospitalityindustry #hotelindustry #travel
MMGY survey: Travel sentiment high among Americans despite cost pressures - HOTELSMag.com
https://hotelsmag.com
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A new snapshot report from SITE explores the top travel incentive trends and practices today’s incentive travel and motivational #eventprofs say they are facing now.
4 Top Travel Incentive Trends
https://www.prevuemeetings.com
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Business Travel News Europe - Rising hotel rates take their toll on international business trips The number of international business trips has declined in 2024 with domestic travel now making up a larger proportion of total bookings, according to data from accommodation technology specialist HotelHub. The company’s analysis of 15 million corporate hotel bookings showed that there was a 19 per cent fall in international bookings globally during the first quarter of this year compared with the same period of 2023. HotelHub said this decline represented a “stark break” from the gradual recovery seen in overseas business travel since the end of the pandemic. At the same time, domestic trips are rising as a proportion of all corporate travel - up to 62 per cent in Q1 of 2024 compared with a 52 per cent share of the market a year ago. The HotelHub Index showed that over the past two years average hotel rates in London have gone up by 22 per cent, while prices in Paris have increased by 27 per cent over the same period. As a comparison, rates in New York have risen by 12 per cent since 2022. Read the full article here ---> https://lnkd.in/eUvhSZGn
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