Incentive Travel Market is projected to reach $216.8 billion by 2031, growing at a CAGR of 12.1% from 2022 to 2031

The demand for incentive travel is increasing owing to the change in organizations’ prospective towards travel-based incentives, which is expected to boost the global incentive travel market. Based on region, the Asia-Pacific region is expected to manifest the fastest CAGR of 12.79% during the forecast period. The outbreak of the COVID-19 pandemic had a negative impact …

Incentive Travel Market is Expected to Grow at a CAGR 12.1%; Market to Exceed $216.8 Billion by 2031

The demand for incentive travel is increasing owing to the change in organizations’ prospective towards travel-based incentives, which is expected to boost the global incentive travel market. Based on region, the Asia-Pacific region is expected to manifest the fastest CAGR of 12.79% during the forecast period. The outbreak of the COVID-19 pandemic had a negative impact …