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incentive travel
noun
- a vacation awarded to employees as a bonus in order to motivate them.
Example Sentences
“The worldwide exhibition for incentive travel, meetings and events in Frankfurt, has been the perfect place for us to meet thousands of influential event and meetings buyers face-to-face and to show them the opportunities in Saudi Arabia and many superb facilities that we could offer them,” says Tariq A. Al-Essa, Executive Director of the Saudi Exhibition and Convention Bureau.
“Over the last 18 months, we’ve been seeing a really encouraging uptick,” said Alison Taylor, senior vice president of global sales at Starwood Hotels & Resorts Worldwide, which has had an approximately 12 percent increase, year-over-year, in reward and incentive travel, including retreats.
Travel Association, a trade group, business travelers spent $105.4 billion on meeting, event and incentive travel.
It was a dinner recognizing the high achieving participants in the largest Chinese incentive travel group to ever visit the US.
As I pointed out in my book Pound Foolish: Exposing the Dark Side of the Personal Finance Industry, brokerage Edward James promises recruits that "excelling here doesn't require a finance degree or a financial background" since, after all, brokers have "unlimited earning potential" as a result of "commissions based on sales" not to mention "incentive travel opportunities."
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