What a Difference Five Years Make
What a difference five years make. Back then, per-qualifier spend rose a healthy 7 percent from the year before to an average of $3,659, vs. today’s $2,500. Looking back at our 2008 Incentive Travel Trends Survey, incentive experts bemoaned the skyrocketing cost of hotel, air, and destination management companies, and the shrinking value of the U.S. dollar for overseas programs. “A 7 percent budget increase is barely going to cover your increased costs,” said Bob ...
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