Travel News Report
Jul. 9, 2014

Forecast: US business travel spending to top $292 billion in 2014
Successful Meetings
U.S. business travel grew nearly 3 percent in the first quarter of 2014, fueling a 7.6 percent increase in business travel spending, to $71.2 billion, according to the Global Business Travel Association, which recently released its latest business travel forecast, the "GBTA BTI Outlook — United States 2014." Based on first-quarter results, the forecast predicts a sizable increase in business travel spending for 2014: Overall, GBTA expects, U.S.-generated business travel spending will increase 6.8 percent this year, to $292.3 billion.More

Travel campaign fuels $1 billion rise in hospitality industry
Michigan State University
The Obama administration's controversial travel-promotion program has generated a roughly $1 billion increase in the value of the hospitality industry and stands to benefit the U.S. economy in the long run. So finds the first scientific evidence, from a Michigan State University-led study, showing a positive economic impact of the Travel Promotion Act. Congress is currently reviewing whether to extend the law, which went into effect in March 2010.More

The air travel booking habits of American adults
Skift
It's no surprise that few travelers pick up a phone to book airfares today, but would you believe that millennials prefer legacy carriers more than their parents? These are a few of the findings detailed in MMGY Global's comprehensive 2014 Portrait of American Travelers.More

Mobile bookings growing in popularity, say corporate travel managers
Tnooz
Corporate travel managers are seeing more bookings coming from mobile devices, a new study by CarlsonWagonlitTravel has found. The survey queried 173 travel managers about mobile habits in corporate bookings, and brought in perspectives from across the globe from a variety of industries. The respondents represented companies with an average corporate travel spend of $75 million.More

3 ways airports are transforming for travelers of tomorrow
Amadeus via Skift
Airports are challenged with balancing passenger comfort with operational efficiency while delivering a unique experience reflecting the destination. So how will the airport of today evolve to become the true passenger-centric experience of tomorrow? A critical factor will be in their use of technology.More

Stat: Average trip budget up in Q1 2014
Travel Agent Central
According to the Tripology consumer travel trends report, the average trip budget in the first quarter of 2014 was 8 percent higher than one year ago.More