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A joint initiative of Financial & Insurance Conference Professionals (FICP) Incentive Research Foundation (IRF) and Society for Incentive Travel Excellence (SITE), the Incentive Travel Industry Index (ITII) consolidates previous research undertaken by each association into a single pan-industry study. The study is at once an historical snapshot of where the industry has come from and…
There is a rising tide in the use of, and engagement with, incentive programs, particularly among top performing companies. The IRF’s signature The 2020 Top Performer Study shows that the most successful companies have increased their support for incentive programs on numerous levels since the previous study was conducted approximately a year ago. While companies…
Wellness continues to be a topic highlighted in both professional circles as well as in our personal lives. For this 2020 study, the Incentive Research Foundation explored how wellness is specifically represented in incentive travel programmes as well as in general meeting types. Of the individuals surveyed for this report, 68 percent noted that wellness…
No kind of event is immune from the devastation coronavirus is causing. After weeks of speculation and amid mounting criticism, Japanese Prime Minister Shinzo Abe and President of the IOC Thomas Bach both agreed to reschedule the 2020 Summer Olympics to 2021, the first break in four-year cycle since World War II. From Reuters…
Iceberg partner UFI has updated its earlier economic impact assessment of international exhibitions and trade shows due to the coronavirus crisis. At least €134 billion ($145 billion) of contracts have not concluded with shows not taking place as planned through Q2. The industry economic output in total is down €81.6 billion ($88.2 billion). From UFI…
Coronavirus event cancellations are wiping AU$2.5bn off the Australian economy every month. So say new figures from a major industry body. Shutting down large gatherings has effectively shut down the country’s meetings sector, with devastating results, according to the Business Events Council of Australia. From Association Meetings International…
German trade fairs have already been hit hard by COVID-19 crisis cancellations and postponements. Organisers and service providers are already suffering significant financial losses. AUMA, the Association of the German Trade Fair Industry, has now forecast a total loss to the German economy of around three billion euros. From UFI…
Under Australian restrictions on big gatherings during the coronavirus crisis, the organisers of technology conference QODE Brisbane chose to partner with YouTube and stream their event live around the world. In what is believed to be an Australian first, attendees were also able to visit exhibitor booths using virtual reality. From Boardroom…
The German government has run a hackathon to brainstorm solutions to the challenges of the coronavirus pandemic. 42,869 took part online in #WirVsVirus (“us versus the virus”). The result was more than 800 ideas on topics like shopping, childcare and symptom monitoring. Some of them have now been selected for funding. From Euractiv…
After the cancellation of the major industry meeting IMEX Frankfurt, IMEX Group CEO Carina Bauer has been reassuring the sector that her company is “full steam ahead” for IMEX America in September. The Iceberg partner also discussed how staff are working remotely, and what is being learnt in that process. From Meetings & Incentive Travel…
A major meeting of blood doctors will be held virtually because of the COVID-19 crisis. The 28th Congress of ISTH (the International Society on Thrombosis and Haemostasis) was scheduled to take place in Milan this July. The USA-based association’s event typically draws over 3,000 delegates to the meeting. From Association Meetings International…
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