Incentives Move Business – Travel and the U.S. Economy

by Jillian Fehrenbach on October 21, 2013 in Employee Loyalty, Incentive Travel

In June of 2013, the Society of Incentive and Travel Executives (SITE), released a white paper with some compelling figures on incentives moving business.

“Travel is the sixth largest U.S. industry in terms of employment and is a top 10 employer in 48 states. In 2010, the incentive travel, meetings and events segment of tourism and travel accounted for $92 billion of all business travel expense and 6.3 million jobs in the United States, or 45 percent of all travel-related employment.”

Society of Incentive and Travel Executives (SITE)

The white paper was published to raise awareness and educate businesses and the general public to the facts supporting the positive impact incentive travel and motivation events have, not just on companies.