Industry Insights
Take the Miles, Leave the Cannoli: Maximizing Your Reward Points
Using reward points seems like a no-brainer, right? So you might be surprised to find out that a majority of people actually aren’t getting the full benefit of the rewards possible to them from credit cards, workplace benefits, and more. For example, credit card rewards seem straightforward: you purchase things on the card, you accrue…
READ MOREBang For Your Buck: Getting the Most Value Out of Destination Incentives & Meetings
Planning group travel – whether it’s an incentive for employees or destination meetings – can drain resources pretty quickly. For planners who don’t deal with the day-to-day fluctuations of the travel industry it can feel overwhelming. Add to that general uncertainty and questions (am I really getting the best price? Is it going to be…
READ MORE4 Tips to Market Your Incentive Program
Incentive programs have long used travel to motivate employees. The Incentive Research Foundation (IRF) reports that nearly 40% of US businesses use incentive travel to reward and recognize top employees and salespeople as well as channel partners. So we can safely assume that the word is out: incentive programs can be used to drive profit…
READ MORENumber Crunching Motivation: The ROI of Incentives
As a travel management company, Carrousel Travel works with organizations of every size on their incentive travel and rewards programs. And while every organization is unique, some things never change. One of the most common questions organizations ask is around their return on investment. What’s the ROI of rewards programs? Like everything in this data-driven…
READ MOREExpense Technology Helps Streamline Costs
There isn’t an organization in the world that isn’t interested in saving money in some way when it comes to operations management. Expense technology tools can have a two-for-one impact in that they not only can help curb extraneous business travel charges but also save an organization money by making managers more efficient. Let’s back…
READ MOREPlanes, Trains and Automobiles: Ride Sharing Ushers in a New Era of Disruption for Corporate Travel Policies
Every industry experiences periods of disruption from time to time. And from the first train to roll across the USA to passenger airplanes, business travel is no exception. With the rise of the sharing economy—think Airbnb, Uber, Lyft, and others—we’re in the midst of another shake-up. Ride sharing is hardly a new phenomenon, but determining…
READ MORECash Isn’t King: Non-Cash Rewards Speak Louder Than Dollar Bills
The Incentive Research Foundation (IRF) is one of the industry’s most respected sources for well-researched information. Their content focuses on the workplace: rewards, incentives, motivation, and recognition. When it comes to the global incentive and recognition industry, they’re pretty much the experts. Which is why we’re super excited to see what’s coming up in their…
READ MOREBooking Tools: The Long and Short of It
Like any software, choosing the *right* booking tool is something that depends on a lot of different variables. What do you need to accomplish? Who needs to use it? What are their needs? Sometimes it’s easier to start with a list of the must-haves, and go from there. Or, you can use our handy comparison…
READ MORE5 Tips for Planning Cost-Effective Meetings & Incentive Programs
Your organization could see huge cost savings for meetings with a little bit of foresight and planning that crosses over into incentive programs as well. Consider options around hotel negotiation, group air contracts, and more. Negotiate for multiple years Repeat business is the name of the game when it comes to hotel bookings. Being able…
READ MOREThe Biggest Incentives are the Most Intangible: Why Travel Reward Programs Work
There’s something of an explorer in all of us. This takes different forms depending on what’s happening in our lives, varying from mental frontiers to physical places. However, the reality for most people is that travel is a treat (well, those who travel often for business might disagree a bit). This is why, when it…
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