There are two driving forces behind the push for stay-cations: the current economic crisis and the green movement. As individuals and families are feeling the pressure of financial hardships and increasing numbers of people are committing to lowering the impact their lifestyles have on the environment, the world of vacations and travel is changing. More and more people are opting for cost-effective day excursions or nearby travel destinations that require less transportation and inflict less damage on the environment, while still being filled with fun activities and opportunities to make lasting memories. This new form of vacations is being called stay-cations by some, and companies are beginning to jump on the bandwagon to apply this idea to their incentive travel programs and corporate events.

The benefits for companies that opt for incentive travel destinations and corporate event locations that are nearby include significant cost savings, particularly in regards to transportation costs, and a positive public image that shows a commitment to limiting your company’s carbon footprint. Both of these can be very enticing and are often enough to convince a company to bypass exotic locations and opt for staying close to home. This can certainly help a planner keep things under budget, but it also puts additional pressure on the incentive travel or event planner to come up with an enticing nearby destination and appealing entertainment options that will please participants who may be accustomed to boarding a plane and heading to an exotic locale.

If you are looking for some good locations for your business meetings get Las Vegas booked–now. Why? Because several of the big properties are reporting signs of the recession easing. MGM Mirage and Las Vegas Sands have both suggested the downward spiral has stopped and business leveled off. What this means to you, the planner, is this is prime time to get those rooms and conference centers committed before the prices go up.

This also means that you may have some big talking to do to convince your clients that it’s okay, despite public opinion and government guidelines for travel expenditures. Already some businesses are thinking more about their employees, who will benefit from the conferences, than the public. Even though the public will eventually benefit with better products and service in American goods, taking public image into consideration in this case could be harmful. Read the rest of this entry »