While the demand for incentive travel continues to come back, economic and staffing issues are often forcing incentive program owners to scale back.
Compression in hotel inventory, reduction in staff, and increased costs are common barriers to delivering an incentive trip on the same scale as 2019, and many incentive professionals indicated these factors contributed to the reductions in the number of attendees on their programs.
Incentive travel buyers indicated the number of people participating in incentive travel programs will increase by 48% in 2023 and 61% in 2024 compared to 2019 as reported in the 2022 Incentive Travel Index.
business Travel Blog 