Incentive travel at many U.S. companies is feeling the pinch. Not only are trips shorter and closer to home, but some procurement officers are cutting luxury brands altogether, according to a panel of five hotel executives who spoke at the Society of Incentive & Travel Executives' International Conference in Toronto, November 3 — 6. “Incentive trips are now four nights, when they used to be seven,” said Geoff Ballotti, president of Starwood Hotels & Resorts' North American division. ...

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