How to Set Budget Top Line for Events in Iceland

In late May, the Skift team returned from our annual retreat, which was held this year in Iceland. Still buzzing with the energy and lessons from that experience, we decided to share our insights in a special edition of the Skift podcast. CFO Michael Cunniff, Senior Director of Events Regina Yuen, and Human Resources head Mariana Ruiz joined CEO Rafat Ali to discuss their learnings about company retreats and the business of travel.

As the conversation unfolded, they delved into the logistics and budgeting challenges of organizing company retreats. Cunniff and Yuen shared how coordinating flights, accommodations, and venues required careful planning and attention to detail, especially in a destination like Iceland with its unique logistical challenges.

These Skift leaders reflected on the company’s growth and the increasing number of employees attending the retreats. They discussed how the retreats fostered a sense of connection and collaboration, both within teams and across the entire company. Ruiz emphasized how the retreats deepened personal connections and ultimately enhanced work synergy among staffers.