While many companies believe that financial rewards are the only means to motivate their employees, incentive travel has been proven as an excellent method to improving business outcomes. Incentive travel refers to a reward in the form of an all-expenses paid trip used by companies as a motivational tool to achieve specific business objectives.
So, why is incentive travel considered a valuable investment by organisations?
When a team travel together they will enjoy shared experiences, which in turn will foster stronger relationships and provide opportunities to create bonds outside of the office.
Creates healthy competition
As incentive travel is such a desirable reward, participants – clients, partners or suppliers– will be extra motivated to achieve their targets. The healthy competition created to earn the incentive will lead to an enhanced business environment.
More rewarding than money
Where a cash reward is likely to be forgotten as another credit in their bank account, incentive travel is likely to leave them with long-lasting memories which they can share.
Those chosen for incentive travel will recognise that you appreciate their contributions and know they are being rewarded for their hard work.
Positive brand recognition
When your participants have a great time on a company paid holiday, clients are likely to share positive stories about their trip and your company for organising such a memorable experience.
Greater understanding of your clients, teams and suppliers
Travelling is a great way to get to know individuals that are important to your business on a personal basis, outside of the corporate environment. Additionally, you can build a personal database of their likes and interests based on their preferences during the trip (for example their activity choice, dining options etc) and use this information to tailor a more personalised customer experience.
Incentive travel offers great flexibility with regards to when and where you want your team to travel to. Our dedicated team at Keith Prowse Travel can build a customised itinerary – including options for flights, accommodation, activities, dining etc. – to suit the needs of your company.
Looking for a destination for your incentive travel?
The upcoming Hong Kong Rugby Sevens tournament serves as the perfect travel destination to inspire and motivate your team, clients or suppliers.
Taking place over the weekend of 6-8th of April, more than 40 exciting matches will take place within the carnival-like atmosphere inside Hong Kong Stadium.
More than just Rugby, we recommend you explore the vibrant “East vs West” culture which is Hong Kong. Stroll the streets and discover why the city is regarded as one of the best shopping and food destinations around the world. Be amazed by the 360 degree views offered by Victoria Peak, which at 552m is the tallest vantage point over Hong Kong; or wander down Temple Street Night Market for delicious dim sum or hot pots to refuel before experiencing Sunday’s final games.
Best of all, as an official travel partner, Keith Prowse Travel will take care of everything you need. Our dedicated team will ensure you receive the best possible experience, from start to finish.