Bali Blast Wreaks Havoc on Incentive Industry

“The incentive industry is negative!” That's how I.B. Lolec, managing director of Pacific World Nusantara, a Bali, Indonesia-based destination management company, sums up business since the terrorist bombing in mid-October that killed more than 180 people, mostly foreign tourists. Lolec says her incoming U.S. incentive travel programs had dropped by 90 percent after the attacks of 9/11/01, but “the U.S. market had just about begun to kick in again.” Now, however, “after the blast, we are f

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