Travel really seems to be coming forth as the preferred way for many companies to reward high performing employees. The benefits certainly seem to be worth the expense. Time and again, the resulting boost in general performance and earnings reinforces the conviction that it’s a wise investment.

If you own or run a business and would like to know where travel incentive programs are headed in the following year, you can look to the Incentive Research Foundation (IRF) for answers. It has been hard at work regularly conducting studies in the incentive industry to give you an assessment of the outlook regarding this matter in the near future and to identify longer-term trends.

According to the IRF Fall Pulse Survey 2015, budgets are bigger, lead times are increasing, and destinations are moving farther afield. Here are some of the most salient points you can take away from this particular research:

> Caribbean and the US - 50 percent

> Canada – 40 percent

> Europe – 38 percent

> Mexico – 35 percent

> Central America – 26 percent

> South America – 14 percent

> Asia – 10 percent

> Africa – seven percent

> Middle East – three percent

The above survey results will give you and other companies an idea of what to expect in the coming year.

Contact Us