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Smart Meetings got a sneak peek at the Event Leadership Institute’s (ELI) opening general session of their upcoming Business, Design & Strategy Summit on June 3, The State of the Industry: Where We Are With In-Person Events. For the next 3-6 months, many corporations aren’t holding meetings due to companytravel restrictions.
The Business of Events: How DMCs Elevate Corporate Meetings and Incentive Travel 12 June 2024 In today’s work culture, employees are looking for more than competitive pay. Incentive travel remains one of the most alluring perks for corporate employees across a wide variety of industries.
Why Sustainability Matters (Even After Your Event Ends) Many people hold the view that the travel and event industries have a substantial impact on carbon emissions, waste generation, and the depletion of local resources. However, there are many practical steps DMCs can take to minimize this impact and create positive change.
The post ITE HCMC 2024 to welcome 220+ buyers from 45 countries from 5-7 September 2024 in Vietnam appeared first on TD (Travel Daily Media) Travel Daily Media. The 18 th International Travel Expo Ho Chi Minh City 2024 (ITE HCMC 2024), to be held from 5 – 7 September, 2024.
MICE is short for Meetings, Incentive Travel, Conferences, and Exhibitions. With business travel now being worth over $750 billion annually , these bookings can be lucrative for hotel properties. But what designates a good MICE travel destination, and how can hotels make themselves more appealing to this customer segment?
A well-structured B2B travel platform is no longer just a “nice-to-have.” ” It has become an integral tool, ensuring the travelers’ comfort and the operations’ cost-effectiveness and efficiency. Corporate travel management comes with its unique set of needs and challenges. Legacy GDS limitations.
The post GBTA: Bookings, spending and optimism on the upswing appeared first on TD (Travel Daily Media) Travel Daily. Global business travel is forecast to see an uptick in 2023 versus 2022. Companies are expected to send more employees on trips and travel suppliers anticipate an increase in corporate travel spending.
The idea of individual travel incentives might sound overly complicated or, worse, impossible to implement in your company. In this article, we'll go over how to use individual travel incentives to create engaged employees—which will make everyone happier in the long run! But in truth, it's pretty simple.
In 2019, companies spent over $111.7 billion on business travel. Of course, the frequency of business travel has ebbed and flowed a bit since 2020 with the uncertainty of the pandemic, but one thing remains the same: Business travel expenses affect the bottom line. T&E stands for travel and expenses.
Needless to say, this trend creates immense business opportunities for companies from different sectors – travel included. So today, we discuss how travelcompanies can implement a subscription model to capitalize on modern trends and boost revenue. What is a travel subscription and how is it different?
With the allure of exclusivity, awe, and wonder, the British Virgin Islands is ideal for your incentive travel program and can deliver a once-in-a-lifetime experience for your qualifiers that will leave a lasting impression. Learn more about what we can do for you , or contact us today !
MICE Trade Shows vs Travel Trade Shows. Travel trade shows are plenty but those that focus on MICE business events are few as such niche shows dedicate and distinct themselves from their general counterparts. To seek suppliers who can support and partner them in meeting their portfolio of client needs and demands.
Editor’s note : This Week in Travel (TWT) is your essential guide to smoothing the road from here to there for your attendees and yourself. Meanwhile, Associated Press said that United, Delta and American will be willing to extend refunds to some travelers who don’t want to travel without a mask mandate.
Re-opening the world is a rare opportunity to start fresh with your company’s travel management policies. Whether you oversee travel management for 5 or 5000, now is a great time to set up new guidelines for communication, reiterate the companytravel policies, and streamline your workflow.
The post Global business travel to grow 21% in 2021 appeared first on TD (Travel Daily Media) Travel Daily. Business travel spending is forecast to grow 21% this year worldwide, helped by the rollout of COVID-19 vaccines, but will not recover to pre-pandemic levels until the middle of the decade.
I do a lot of speaking, and it remains one of the top topics anyone wants to talk about,” said Grimes, who specializes in association, meetings, and hospitality law. Force majeure clauses, as we use them in meeting contracts, are tailored to the needs of the particular meetings and the parties that are in the contract.
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