The newly released 2022 Incentive Travel Index (ITI) reports that, overall, the incentive travel industry is strong....
Research / IRF Pulse Survey: The Impact of COVID-19 on Incentive Travel in 2022 (Infographic)
by Incentive Research Foundation
Incentive travel is a go! The majority of respondents to IRF’s survey are planning incentive travel programs in 2022, but flexibility is key. As disruptions from COVID variants continue, health & safety protocols and considerations are still major factors in decision-making and travel planning. When it comes program dates and locations, there are high rates of change in response to COVID variants and travel restrictions.
As we enter 2023, COVID concerns have subsided, while workforce issues take on increased urgency. Given one of the most challenging labor markets in history, incentives are an increasingly critical business strategy to help organizations attract, retain, and build culture.
The IRF partnered with researchers at the University of South Carolina and Hong Kong Polytechnic University to conduct a series of experiments studying the relationship between employee satisfaction and engagement and turnover in the hospitality industry.