Automakers scramble, new car incentives jump 60%
Kelley Blue Book said it reported average transaction prices rose only 1.7% year-on-year in October, but financial incentives made cars much cheaper overall go through Chris Chilton 1 hour ago New car incentives jumped more than 60% in October compared with 12 months ago. Kelley Blue Book said eight automakers offered incentive packages that were 10% above the average transaction price last month. Automakers are becoming more generous as they try to reduce inventory, and Stellantis is offering some of the best prices. Prices for new cars are about the same today as last year, but incentives have improved significantly as automakers hand out new cars like early Christmas gifts to clear excess inventory before the end of the year. New data comes from Kelley Blue Book It shows the average transaction price (ATP) of new cars in October was $48,623, slightly higher than the $48,423 ATP in September and not much different from the $47,826 in October 2023. RELATED:…
Choose Boise Incentives
Boise, which describes itself as "half rugged, half refined," welcomes attendees to "meet in the morning and hit the mountains in the afternoon." Downtown Boise features 86,000 square feet of residential space conveniently located in the foothills of the Rocky Mountains in southwestern Idaho, 7 minutes from the airport Boise Center—The state's premier conference center with 31 multi-purpose meeting and event spaces accommodating groups of up to 2,000 people. Downtown is within walking distance of 1,600 hotel rooms, more than 100 restaurants and breweries, as well as shops, art galleries, entertainment and cultural attractions. New hotels opening in downtown Boise include sparrowfeaturing local-inspired art, a lobby café, permanent food trucks and guest rooms, including a ground-floor king room with a private courtyard terrace. The 122-room hotel is also brand new Renegade Hotelfeaturing Boise’s first supper club, rooftop bar, street cafe and 5,100 square feet of multi-purpose meeting and event space. Katherine Albertson Park, near downtown Boise. Downtown Boise is also…
Exclusive: Claire Lester on bridging the generation gap
Is there really a generation gap? If so, how can meeting and event planners bridge the generation gap? There is a lot of discussion about generational differences causing a generation gap in conference design, especially now that large-scale intergenerational workforce shifts are expected to occur in the coming years. Until recently, conferences were primarily geared toward baby boomers, who currently make up just 19% of the workforce and have been overtaken by Generation X (36%) and Millennials (40%). Although Gen Z currently only accounts for 6% of the workforce, this generation, which has grown up in an era of global economic pressure and rapid market changes, will also bring new perspectives and new requirements for the way meetings and events are conducted. Claire Lester, Senior Design Studio Strategist at Maritz While individual circumstances will of course vary, as Claire Lester, senior design studio strategist at Maritz, told this year’s IMEX America conference in Las Vegas from October 8-10, But in…
Brightspot Incentives and Events Announces Mary Clare Darland,
Brightspot Incentives & Events is pleased to announce the hiring of Mary Clare Darland, CITP, CIS, as Senior Manager of Procurement and Supplier Relations. The addition of Mary Clare to the existing procurement team reflects Brightspot's continued growth and commitment to strengthening supplier relationships and strategic sourcing within the incentive travel and events industry. Mary Clare brings a wealth of experience to her new role, developing her skills in a variety of procurement and supplier relations roles. Most recently, she served as Director of Procurement for Maritz, where she excelled in contract negotiations, delivering significant cost savings to clients while maintaining the highest quality standards. Mary Clare is known for her dynamic leadership and has a proven track record of optimizing strategy and building strong industry relationships. Mary Clare is a passionate advocate for the incentive travel industry and has been actively involved in SITE (Society for Incentive Travel Excellence). She is currently an active board member of SITE International…
Using digital incentives: Strategies for better global
Almost every aspect of business involves doing things digitally, including motivating your target audience. These powerful virtual attractants come in many forms. But what are digital incentives? What makes them so beneficial to your business and its customers? In this article, you’ll learn what digital incentives are and why they help increase customer loyalty and engagement. What are digital incentives? Digital incentives are any virtual-based rewards. Companies can use this incentive to motivate shoppers to press the “add to cart” button. These rewards can also motivate customers to complete specific actions. Examples of numerical incentives: promo code virtual gift card Sweepstakes cash back rewards store credit Access premium digital content How digital incentives keep customers engaged and loyal Now that you’ve got the basics down, it’s crucial to understand why Rewards and incentives Works great. That’s why digital incentives can attract customers while keeping them loyal to your business. Convenient for customers and companies The cornerstone of business success means…
The future of incentives
IRF and SITE are raising awareness of the motivation industry as a next-generation career path by creating a new course and seeking volunteers to teach it. According to the information just released by SITE 2024 Incentive Travel IndexAttracting and retaining industry talent is a top concern for planners, with 44% of North American respondents citing it as a long-term challenge. As motivation planners look to the future of the industry, it is clearly critical to recruit and develop a workforce that possesses both technical skills and a passion for improving performance. Planners likely know that the motivation industry offers a variety of exciting career opportunities. However, SITE found that a lack of awareness of what the industry does and its career opportunities has been a major barrier to recruiters entering the workforce. Motivational content is not common in colleges and universities. SITE’s message to incentive planners on this issue: “The incentive industry is at a crossroads. With more than 75%…
Using digital incentives: Strategies for better global
Almost every aspect of business involves doing things digitally, including motivating your target audience. These powerful virtual attractants come in many forms. But what are digital incentives? What makes them so beneficial to your business and its customers? Also Read: How Employee Advocacy Can Improve Brand Reputation and Engagement In this article, you’ll learn what digital incentives are and why they help increase customer loyalty and engagement. What are digital incentives? Digital incentives are any virtual-based rewards. Companies can use this incentive to motivate shoppers to press the “add to cart” button. These rewards can also motivate customers to complete specific actions. Examples of numerical incentives: promo code virtual gift card Sweepstakes cash back rewards store credit Access premium digital content How digital incentives keep customers engaged and loyal Now that you’ve got the basics down, it’s crucial to understand why Rewards and incentives Works great. That’s why digital incentives can attract customers while keeping them loyal to your business.…
Asia Pacific Meetings & Incentives 2025 in Melbourne, Australia Exhibition Catalog
The Asia Pacific Convention & Incentive Travel Exhibition 2025 in Melbourne, Australia will be held at the Melbourne Convention and Exhibition Center in Australia from February 10 to 12, 2025. It provides a valuable communication platform for 38,992 visitors and 600 businesses exhibitors from the tourism sector. the tourism industry and is an important weather vane for the tourism industry. Electronic Journal of Asia Pacific Meetings & Incentives exhibition in Melbourne, Australia The exhibition catalog usually contains exhibition information such as exhibitor directory, exhibition introduction, stand plan and related activities, which is very useful for visitors to make contacts commercial. The exhibition catalog generally contains the following content: List of exhibitors: exhibitor name, stand number and contact details. Exhibition introduction: background information, scale, history and significance of the exhibition. Booth Map: Shows the specific location of exhibitors in the exhibition hall. Side activities: Introduction to various forums, competitions and activities during the exhibition. How to get the conference log: Download…
Directory of exhibitors at Asia Pacific Meetings & Incentives 2025 in Melbourne, Australia
From 2025.02.10 to 02.12, the Asia Pacific Convention and Incentive Travel Exhibition 2025 in Melbourne, Australia is scheduled to be held at the Melbourne Convention and Exhibition Center in Australia. This is a large, high-quality resource event in the tourism industry. It is expected to attract more than 38,992 trade visitors from different channels. The number of exhibitors is expected to exceed 600, with an exhibition area of 35,000 square meters. This show constitutes an important reference for the tourism industry and constitutes an open and effective communication platform for tourism businesses. List of exhibitors at the Asia Pacific Meetings & Incentives exhibition in Melbourne, Australia If you need to obtain the list of exhibitors, you can make a reservation through the official website or website of the relevant exhibition department (Juzhan.com). The exhibitor directory usually contains exhibitor contact details, product presentations, etc., which is very useful for visitors who want to establish business contacts. Please note that the specific…
Schedule and Location of Asia Pacific Meetings, Incentives and Travel Exhibitions 2025 in Melbourne, Australia
The Asia Pacific Meetings, Incentives and Travel Exhibition 2025 in Melbourne, Australia will be held at the Melbourne Convention and Exhibition Center in Australia from 2025.02.10 to 02.12, providing a valuable communication platform to explore for 38,992 visitors and 600 exhibitors from the tourism industry. the latest technologies, gain insight into industry trends, and engage in in-depth discussions with industry leaders. Asia Pacific Meetings & Incentives Expo in Melbourne, Australia Exhibition scale: exhibition area 35,000 square meters, number of visitors 38,992, 600 exhibitors Hosting time: 2025.02.10-02.12 Accommodation address: 2 Clarendon Street, Southbank, Melbourne, Victoria, Australia, 3205, Australia Venue: Melbourne, Australia Convention and Exhibition Center Organizer: ARBS Exhibition Company, Melbourne, Australia Scope of exhibits at Asia Pacific Meetings, Incentives and Travel in Melbourne, Australia: Travel category:Tourism products, hotels, national farms, travel agencies, resorts and camping products, travel media, airlines, airports and airport service companies(The copyright of this article belongs to Juzhan, and no transmission is permitted without consent)Tourist attractions:Art and cultural…
Karnataka plans tax breaks, incentives for hybrid vehicles
Karnataka plans to boost sales in clean mobility segment with this initiativeKarnataka, one of the leading states in India in the adoption of electric vehicles, is gearing up to roll out a comprehensive policy to promote clean transportation. The state's new policy draft shows plans to significantly reduce taxes on hybrid vehicles and provide financial incentives to companies engaged in the clean mobility industry, including manufacturers of electric vehicles and their parts.The proposed move marks a significant shift from India's current emphasis on all-electric vehicles to include hybrids. The development could benefit carmakers such as Toyota, which has been lobbying for greater support for hybrid technology in India. Karnataka's move could make it the second state after Uttar Pradesh to provide tax breaks for hybrid vehicles. The policy proposes to remove road tax and registration fees for hybrid cars priced below Rs. 25 lakh, currently a tax of 13% to 18% is levied.The driving force behind hybrid carsWhile India has…
Brightspot Incentives and Events Announces Mary Clare Darland,
Brightspot Incentives & Events is pleased to announce the hiring of Mary Clare Darland, CITP, CIS, as Senior Manager of Procurement and Supplier Relations. The addition of Mary Clare to the existing procurement team reflects Brightspot's continued growth and commitment to strengthening supplier relationships and strategic sourcing within the incentive travel and events industry. Mary Clare brings a wealth of experience to her new role, developing her skills in a variety of procurement and supplier relations roles. Most recently, she served as Director of Procurement for Maritz, where she excelled in contract negotiations, delivering significant cost savings to clients while maintaining the highest quality standards. Mary Clare is known for her dynamic leadership and has a proven track record of optimizing strategy and building strong industry relationships. Mary Clare is a passionate advocate for the incentive travel industry and has been actively involved in SITE (Society for Incentive Travel Excellence). She is currently an active board member of SITE International…
Smart travel: Dubai’s new hotel focuses on luxury, amenities and
Listen to audio Want to plan an amazing meeting or event? A new top luxury venue in Dubai or Mexico might be just the ticket. While you're here, find out about the latest news in travel advisor technology, the launch of a new Reed & Mackay division and new research into the bespoke travel market. Reed & Mackay launches events division in France UK-based international travel management company Reed & Mackay has opened an events division in France in response to growing interest in the service. The new members will be led by Paris-based French meetings and events director Barbara Labrit. Reed & Mackay has also recently expanded its meetings and events business in Spain, Italy and the Nordics, growing its global events team from six to more than 165 employees since 2019. “I am delighted to announce the launch of this new product in France, which is a strategic priority for the company and our group. We are committed…
Smart travel: Dubai’s new hotel focuses on luxury, amenities and
Listen to audio Want to plan an amazing meeting or event? A new top luxury venue in Dubai or Mexico might be just the ticket. While you're here, find out about the latest news in travel advisor technology, the launch of a new Reed & Mackay division and new research into the bespoke travel market. Reed & Mackay launches events division in France UK-based international travel management company Reed & Mackay has opened an events division in France in response to growing interest in the service. The new members will be led by Paris-based French meetings and events director Barbara Labrit. Reed & Mackay has also recently expanded its meetings and events business in Spain, Italy and the Nordics, growing its global events team from six to more than 165 employees since 2019. “I am delighted to announce the launch of this new product in France, which is a strategic priority for the company and our group. We are committed…
Meet in Tampa Bay – Prevue Meetings & Incentives
Laurel Herman is the Publisher/Editor-in-Chief of Prevue. She has been traveling the world for the past 39 years, with the belief that sharing stories of different cultures and experiences is an important way to promote world peace. It all started in 1972 when she was finishing college in London and had the opportunity to backpack around Europe. In 1985, Laurel became the Publisher/Editor-in-Chief of Recommended Magazine, expanding it into a global destination brand and continuing her love of travel. She then launched the Prevue brand in 2009 and has traveled to places like Egypt, India, Australia, France, Barcelona, Thailand, Italy, and Israel. （tagsToTranslate）Tampa
Are your incentives gender specific? – Prevue Conference and
Incentives are not gender neutral—according to a study by IRF, women and men tend to respond differently to different types of incentives, recognition, and rewards. Men and women may work equally hard to be rewarded by their employers, but it may be more effective if companies tailor incentive, recognition and reward programs based on gender. Women make up nearly half of the U.S. workforce—more than half of the white-collar workforce—but they tend to be less satisfied than their male colleagues about nearly everything related to their jobs, including how their work is recognized and rewarded. While individual preferences vary based on a variety of factors, “there is strong evidence that men and women prefer different rewards, perceive rewards differently, and respond differently to incentives and rewards,” concludes an action academic study titled Differences in Men’s and Women’s Workplace Reward Preferences and Outcomes by the Incentive Research Foundation (IRF). The differences outlined in the report include: Women are more likely to…
U.S. electric vehicle sales soar thanks to generous incentives
Tesla led the electric vehicle market with a 48% share in July, while overall registrations surged. Hyundai Motor Group ranked second, General Motors ranked third, and Ford ranked fourth. Analysts warn that electric vehicle sales could fall sharply if incentives are removed, with all brands affected. U.S. electric vehicle sales had been stagnant for much of the year, but registration data released only in July showed a sharp increase in sales, allowing Tesla to end a five-month decline and other brands to report positive growth. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); S&P Global Mobility data shows that new electric vehicle registrations in the United States increased by 18% in July. A total of 118,273 new electric vehicles were registered in the United States that month, compared with 100,620 in July 2023. This led to an increase in the share of electric vehicles in the light…
Protected: In Orlando, the Possibility of Incentives
Published by Partner Content of Prevue Meetings & Incentives. As this is a protected post, no excerpts are included. Protected Post: There is huge potential for incentive groups to grow in Orlando. The post appeared first on Prevue Meetings & Incentives.
Hotel acquisitions and leisure retreats can elevate corporate events
Hotel acquisitions offer a variety of advantages that can improve the success of your client’s corporate event or leisure activity. Not only will they have exclusive control and access to the hotel’s amenities, but privacy is also guaranteed, creating the promise of a more personalized experience. site Going beyond the mundane, there are several attributes to consider here. W Punta Mita Hotel, Mexico If you are looking for a unique space to host a corporate event or group retreat, W Punta Mita exist Mexico Offering beachfront, private pool suite collections, refurbished rooms and resort buyout options Wow Suite on the top floor. With 20 private rooms, this private room will make your clients feel like they have booked a boutique hotel within a large luxury resort on the Mexican Riviera. Rooftop views from the E-WOW Suite at W Punta Mita. Each suite has a private pool, designed to provide exclusivity and privacy for any event. Wow The penthouse comes with…
Average new car transaction price drops to $48,000, with incentives
Now might be the best time to buy a new car in the U.S. in the last three years go through Brad Anderson September 7, 2024 17:22 The average selling price (ATP) of new cars in the United States fell slightly to $48,401 in July. In December 2022, new car prices peaked at $49,929. Today, the average earner can pay off a new car loan in about 37 weeks. The average transaction price (ATP) for new vehicles in the U.S. has soared from about $32,000 to nearly $50,000 over the past decade, but fortunately consumers have received a little relief in recent months. The average U.S. new car sold for $48,401 in July, according to Kelley Blue Book. That's down slightly from $48,424 in June and $106 lower than last July. They're also down 3.1% from the peak of $49,929 set in December 2022. Read: Car insurance prices could rise another 22% this year This is good news for car…
Incentive Travel Planners Talk About Incentive Travel
Prevue recently caught up Heidi DillonEvent Operations Manager One10— leaders in Incentives & Recognition, Marketing Services, Travel & Events — discuss incentive trends, results and destination insights. Have expectations for incentive travel changed? One millennial planner said yes, and award winners want different types of experiences from their travel awards. Previous post: What trends or changes have you seen? Heidi Dillon: When I started in 2011-2012, the types of projects I saw were more formulaic… a welcome dinner, three events, a closing dinner, and that was it. Now it feels like some of these choices are more purposeful. Priorities are changing. It’s not just about the destination and the time of departure, it’s about every moment along the way. Heidi Dillon Why do you think this happens? The reality is, we’re all online…on Instagram and TikTok…you see what everyone else is doing, so how do you stand out from the crowd? It’s up to planners and companies to figure out…
New and Renovated: Europe, you rise!
Exciting openings across Europe to help you host your next best meeting How about an incentive travel conference in Europe? Besides being a must, these three newly renovated hotels are: artsy and stylish; elegant and stately; historic and trendy. From London to Helsinki to Hamburg, you may be able to find the hotel that suits you best below. Enjoy yourself in London Virgin Hotels London Shoreditch Virgin Hotels opens its first store in London. Virgin Hotels London ShoreditchThe hotel's industrial exposed brick building fits in perfectly with the eclectic, artsy Shoreditch neighbourhood, which is known for attracting creatives, trendsetters and vintage lovers. The hotel will continue to undergo a phased transformation to complete its transformation to Virgin Hotels and implement the brand's signature features, such as Sir Richard's flatbed, custom-designed and patented hybrid beds and the Lucy app, which personalizes experiences for full members of the loyalty and preference program The Know. The hotel's street-level lobby lounge and café will…
Companies with outstanding performance vigorously promote incentive travel
New research from IRF shows that high-performing companies motivate employees with incentive travel and gift cards more frequently than lower-performing companies. According to a new white paper from the Incentive Research Foundation (IRF) and Insperity, top-performing companies use a variety of incentives to recruit, retain and motivate employees, but incentive travel and gift cards are most commonly used. It also found that non-cash incentives are most effective in improving employee performance and business results. The study, titled Driving growth through total rewardsAnalyzes how top-performing companies design and manage their total rewards programs to maximize employee performance. The study examined multiple parameters, including organizational performance, culture and talent acquisition and retention, and the key outcomes that each individual reward element could deliver. The study also broke down the results by specific industries: professional services, healthcare, retail, finance, technology and manufacturing. The most important insights from the white paper include: Non-cash rewards and recognition are key to reinforcing behaviors that drive business…
Green Meetings: Quick Wins – Prevue Meetings & Incentives
Green meetings: quick wins Watch our panel of experienced planners share their success stories on the green meetings frontier. Learn how simple steps can make a big impact on the sustainability of every event. Amanda has over 20 years of experience in the hospitality and nonprofit industries. She consults, speaks, and writes in the areas of marketing, corporate responsibility, healthy buildings, and event planning. Additionally, she has served on multiple committees and helped develop the APEX/ASTM Standard for Environmentally Sustainable Conferences and the ISO 20121 Standard for Event Sustainability Management Systems. Amanda has also served as a judge for the IMEX-GMIC Green Awards for eight years. She holds a Bachelor of Science in Hotel/Restaurant Institutional Management from Johnson & Wales University, an MBA in Sustainability from Antioch University of New England, and a Master of Arts in Environmental Law and Policy from Vermont Law School. She is a Certified Meeting Professional (CMP) and a Leadership in Energy and Environmental Design…
Exclusive: Joe Fijol on ETHOS’s passion project to give back
A South Florida project involves planting sea oats - working with the Youth Environmental Alliance for coastal restoration at Hugh Taylor Birch State Park Joe Fijol, founder and principal of ETHOS Event Collective, launched a passion project that puts giving back to the local community at the heart of what the company does. ETHOS Event Collective has just launched a passion project that not only connects its meeting and event clients with charitable organizations in the communities they serve, but also pledges to give 1% of program profits back to those charities. The company serves multiple destinations, including Amelia Island, Orlando, Palm Beach, Miami, Naples, Savannah, Las Vegas, Napa/Sonoma, Monterey Peninsula, San Francisco, and Grand Cayman. As part of the new passion project, ETHOS connects clients with four local nonprofits and four national organizations, offering a wide range of corporate social responsibility events for clients to choose from. The company has also pledged to give 1% of its annual profits…
Exciting new changes to PREVUE Meetings + Incentives
For immediate release PREVUE MEETINGS + INCENTIVES Announces Staff Changes Welcome to PREVUE's new editor and deputy editor Lisa Simonson PREVUE Meetings + Incentives, a brand of Worth International Media, is pleased to appoint industry veteran Lisa Simonson New Editor, effective Monday 12 Augustday2024. Since 1995, Lisa has held editorial and management positions at a number of consumer and trade publications, including several titles at Worth International Media. One of these publications is The Official Florida Meeting Planner's Guidepublished for a branch of the Florida Department of Commerce (later renamed Visit Florida). In 2003, Lisa became Today's meetingShe held this position for 13 years. During this time, she wrote the annual guide Florida Conferencewhich won top honors at the prestigious Maggie Awards held by the Western Publishing Association. During her tenure, Lisa also covered regions including the Southeastern United States. Today's meeting. “I’m thrilled to be returning to Worth International Media as editor of PREVUE Meetings + Incentives,” said Simundson.…
All-inclusive rewards: Stormy seas or smooth sailing? |
Listen to Audio 6 tips for creating an incentive program that’s affordable, memorable, and easy for meeting professionals JT Long, Vice President of Smart Meetings, spoke with Melissa Moten, Vice President of Experience and Event Solutions at The Collective by BCD M&E, to discuss some of the key elements to planning a smooth and successful incentive trip. If you missed the webinar, don’t worry – here are the six takeaways. Be sure to check out our other upcoming webinars and register here . read more: Tips for planning an activity at an all-inclusive resort 1. Different generations want different things While a tropical vacation is usually a safe bet, many young professionals say they want to step out of their comfort zone and experience a new culture. “Factors like language barriers and complex cuisine are not seen as obstacles, but as added benefits that make the experience more exciting,” Morton shares. With the money saved through incentive programs, meeting directors…
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