Report: Incentive Travel on the Rise
CSI Aviation Services, Inc. saw a significant increase in requests for incentive travel in January, confirming a recent forecast that companies plan to spend more money on travel in 2011
CSI Aviation Services, Inc. saw a significant increase in requests for incentive travel in January, confirming a recent forecast that companies plan to spend more money on travel in 2011.
“Incentive travel was very popular before the recession, so the increase in requests looks very promising”
Michele Martinez, Vice President of Commercial and Military Operations, said incentive travel was once a common request in the air charter industry but has been rare since the recession hit in 2008.
Incentive trips range from sending a top customer and their family to the Bahamas for a week, to taking the entire staff to New York City for a weekend. Air charter adds considerable value to incentive travel since travelers have the benefit of customized flight schedules, tailored catering options and point-to-point transportation.
“Incentive travel was very popular before the recession, so the increase in requests looks very promising,” Martinez said. “It appears that companies are now confident the economy is getting better, and they’re ready to reward their dedicated employees and loyal customers.”
The increase coincides with a recent forecast that companies plan to spend 5 percent more on travel in 2011 than last year. The report also highlighted a significant rise in incentive travel, such as company retreats.
CSI Aviation Services, Inc. (CSI) established in 1979, is a diversified and experienced worldwide aviation services company.