Travel News Report
Sep. 18, 2013

Study: Business travel costs to rise next year
USA Today
Business travelers can expect to pay 5 to 6 percent more for hotel rooms next year, according to a New York University study. Each fall, U.S. companies and hotels agree to corporate rates and amenities for the following year, and this year, Bjorn Hanson, divisional dean of the Tisch Center for Hospitality at NYU, says the two sides are further apart than normal as negotiations get underway.More

Gas prices set record: 1,000 days above $3 a gallon
USA Today
AAA has come up with a sobering statistic: The average price of gasoline will surpass $3 per gallon for the 1,000th consecutive day. That's never happened before, the motoring organization says.More

Is running the hottest trend in the travel industry?
Relaxnews via CTV News
Is running the hottest trend in the travel industry? As more international hotel chains offer incentives to get guests pounding the pavement, sightrunning tours in major cities around the world are also on the rise. Runner's World reports that the hottest travel trend is sightrunning, with tours available in nearly 50 cities around the globe, including New York, Boston, Paris, Copenhagen, Barcelona and Cape Town, with that number rapidly growing. Most are launched by local entrepreneurs who love running and can guide small groups around their home turf, all while enjoying fresh air and exercise. A beer run is sometimes included.More

TSA unveils plans for tiered screening process
Travel Weekly
The Transportation Security Administration is planning to adopt a three-tiered system for passenger and baggage screening at U.S. airports. TSA intends to pre-select passengers for "expedited, standard or enhanced" screening at the time of booking. The information will be embedded in the barcode of the boarding pass. Continuing to move away from what TSA administrator John Pistole has called a "one-size-fits-all" approach, the new system is "designed to increase the number of airline passengers who may be eligible for expedited screening," according to a Federal Register notice.More

Hilton files for IPO; Blackstone to retain controlling interest
Business Travel News
Hilton Worldwide filed for an initial public offering, a move that would take one of the world's largest hotel companies public about six years after the Blackstone Group acquired it for $26 billion. In its filing with the U.S. Securities and Exchange Commission, Hilton valued the IPO at $1.25 billion, though it noted that was merely an estimation in order to determine the registration fee. The number and price of shares to be offered is to be determined. Blackstone will own a majority of the voting power of shares after the IPO, according to the filing.More