Travel News Report
Aug. 27, 2014

Survey: US consumer confidence near a 7-year high
The Associated Press via ABC News
U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. The Conference Board said that its confidence index rose for a fourth straight month to 92.4 from 90.3 in July. The August reading is the highest since October 2007, two months before the Great Recession officially began. The optimism suggests that Americans will be more likely to spend in the months ahead, an important boost to the economy. Consumer spending drives about 70 percent of U.S. economic activity.More

Hotels prepare for highest occupancy levels in 20 years
Skift
A nightmare year of 2009, when U.S. hoteliers saw room rates and revenue plummet, now may seem like a vague, unpleasant memory as hotel occupancy in the U.S. in 2015 is forecast to reach 64.8 percent — the highest in 20 years.More

Survey: 77 percent work while on vacation
Travel Agent Central
According to a new survey from TripAdvisor, 77 percent of Americans have worked in the past year while on vacation.More

Could virtual reality make real waves in the travel industry?
Jaunted
Recently, the BBC reported how a group of psychologists are using virtual reality "time travel" to help people who suffer from post traumatic stress disorder. In a nutshell, patients enter a virtual world that allows them to interact with a situation they experienced in real life and come to terms with the decisions they made and now regret. Obviously, the intent of the study has little to do with leisure travel, but the technology being used sure does.More

Move over SoLoMo! It's the year of the mocal traveler
Tnooz
Many pixels have been spilled over the rise of SoLoMo — social/location/mobile — so it's about time for a shift in jargon. This is the year of the mocal traveler, according to MDG Advertising.More