A combination of rising hotel, airfare, and supplier costs and the devalued
dollar are playing havoc with 2008 incentive travel budgets. Here are the
stats from our newest survey of corporate incentive planners
On the surface, the news from our 2008 Incentive Trends Survey looks pretty positive. Per-qualifier spend is up a healthy 7 percent this year over last, to $3,659, and budgets are up for 40 percent of respondents. But there's another side to the story. Budgets are the same or less for 53 percent of readers. And the write-in responses accompanying our survey point to the fact that even a healthy increase in budgets cannot compensate for the skyrocketing cost of hotel, air, and destination ...
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