The study explores trends in attendee preferences, factors in destination selection, and how incentive travel...
Research / IRF Webinar: 2024 Incentive Travel Index: Budget Challenges & Creative Solutions
by Incentive Research Foundation
The 2024 Incentive Travel Index reports that many incentive travel budgets are flat. In practical terms that can mean reductions such as fewer activities, shorter programs, and agency fees going down. During our next IRF webinar, we’ll dive into new Incentive Travel Index data and discuss how incentive professionals are delivering outstanding incentive travel programs despite the budgetary constraints.
Chris Johnson, Director – Global Travel, Enterprise Events & Sports Partnerships, Land O’Lakes
Richelle Suver, Chief Revenue Officer, One10
Stephanie Harris, President, Incentive Research Foundation
The Incentive Travel Index is a joint initiative of the Incentive Research Foundation (IRF) and the Society for Incentive Travel Excellence (SITE) and is undertaken in partnership with Oxford Economics.
The study looks at which rewards resonate with employees by career phase and income group, then discusses ways programs can change and expand to maximize effectiveness.
We discuss what lies ahead for the incentives industry as reported in The IRF 2024 Trends Report, including inflation, a younger workforce, and AI.