The travel industry is bouncing back and incentive travel in particular is gaining traction once again, after the Covid crisis. This is what emerges from a study released earlier this year by the Incentive Research Foundation (IRF). Despite new Covid variants popping up and the international situation causing unrest and uncertainty, people and business seem to have collectively decided that the wait is over. We want to travel and we want to go back to celebrating the joy of travelling. Restrictions are mostly manageable after all and most people are used to security protocols by now and don’t mind getting tested or wearing masks. Now more than ever, travel packages are proving a much more effective incentive even than cash. This branch of the industry, however, is changing and trying to meet new challenges, as the whole idea of travelling seems to have changed. What new challenges are companies facing when redesigning their incentive travel policies? The answer may vary from Country to Country, based on unemployment figures, travel restrictions and general trends in the travel industry, but a few shared elements can be identified.
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