SITE Panel: More Companies Putting the Squeeze on Incentives

Incentive travel at many U.S. companies is feeling the pinch. Not only are trips shorter and closer to home, but some procurement officers are cutting luxury brands altogether, according to a panel of five hotel executives who spoke at the Society of Incentive & Travel Executives' International Conference in Toronto, November 3 — 6.

“Incentive trips are now four nights, when they used to be seven,” said Geoff Ballotti, president of Starwood Hotels & Resorts' North Ameri

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