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Incentive Travel

Incentive Travel Will Be Strong in 2024 with Some Caveats to Consider

After a Few Years of Catch-up, the Incentive Travel Industry is More Than Ready to Fly into 2024 with Less Turbulence. The Incentive Travel Professionals at Motivation Excellence Predict There Will Be a Few Key Areas to Keep an Eye On, and Most Apply to Individual Travelers As Well.





2024 Travel Trends

Latest Survey Data from ISeatz Indicates a Sustained Demand for Travel Next Year

A key insight from the ISeatz report reveals that most consumers plan to maintain or increase their travel frequency in 2024 compared to 2023, primarily for leisure purposes. This trend is driven in large part by younger consumers, especially Millennials and Gen Z, who not only traveled more in 2023 but also plan to amplify their travel activities in the coming year.



Market Report Bahamas

Bahamas Experiencing Explosive Growth in Visitor Arrival Numbers

The Ministry of Tourism, Investments & Aviation has announced that tourism performance has outpaced projections for the first seven months of 2023, with The Bahamas recording more than 5.89 million arrivals from January through the end of July. Current tourism performance puts the country well on the way to closing out the year at 8 million plus visitors.


Travel Rewards Program Trends

Barclays Releases 2023 Travel Rewards and Loyalty Report

For many loyalty and rewards program members, earning rewards outranks the cost of traveling. Nearly half of travelers in such programs (44%) prioritize earning rewards over finding the lowest costs when traveling, demonstrating the value that these travelers place on their loyalty programs.