Travel News Report
Apr. 1, 2015

Business economists boost 2015-2016 outlook for US economy, cite job growth, consumer spending
The Associated Press via U.S. News & World Report
A business economics group has boosted its outlook for U.S. economic improvement this year and next, particularly for job growth. The March report from the National Association for Business Economics forecasts more hiring, a lower unemployment rate, a lower inflation rate and more growth in consumer spending in 2015, compared to the group's forecast in December 2014. More

Travel, tourism will grow faster than global economy in 2015
Successful Meetings
Travel and tourism's contribution to global GDP will grow 3.7 percent in 2015, and its employment will grow by 2.6 percent. By contrast, global GDP will grow 2.9 percent. So predicts the World Travel & Tourism Council in its latest forecast, which projects that travel and tourism will contribute $7.86 billion, or 10 percent of global GDP, to the world economy this year, as well as 284 million jobs, or 9.5 percent of total employment.More

The sharing economy is on the brink of disrupting business travel
Tech Crunch
The foundations of the business-travel ecosystem are under more strain than ever before. U.S. companies are projected to spend $310 billion on business travel in 2015 (up 6.2 percent from last year), but how they spend that money has become a source of tension and uncertainty. Sharing-economy startups like Airbnb and Uber are challenging traditional travel vendors — and in the process, they're forcing many businesses to reevaluate travel policies and conventions that are pillars of the current system.More

American adjusts schedules at DFW to shorten layovers, boost revenue
Travelers connecting on flights at Dallas/Fort Worth Airport will have to move a little faster to make sure they get to their next flight on time. Recently, American Airlines is altering its flight schedule at DFW, placing more arrivals and departures in compressed time periods known as banks. By "rebanking" its hub, American will have shorter connection times between flights, which should improve travel times for passengers and increase revenue for the airline. More

5 years in, Brand USA is bringing home the bacon
In 2014, the United States welcomed a record 75 million international visitors according to a Department of Commerce announcement last week. A growth of 7 percent in visitors over the previous year is always impressive, especially when your currency is as robust as the dollar is right now. More

'Mobilegeddon' is coming on April 21 — are you ready?
Search Engine Watch
Few things get a webmaster's attention quite like waking up to a Twitter feed filled with news about a major algorithm update. In the world of SEO, hummingbirds, pandas, and penguins are akin to the Horsemen of the Apocalypse. Most algorithm updates come with vague or no warning, but Google recently announced, "Starting April 21, we will be expanding our use of mobile-friendliness as a ranking signal. More