Travel News Report
Oct. 3, 2012

Tourism on pace to set a record in 2012
CNNMoney
The economic recovery remains sluggish, but that isn't stopping tourists from visiting the United States. Tourism is on pace to set a record in 2012, as tourism and related sales increased by 2.1 percent in the second quarter, after a 4.9 percent increase in the first quarter, according to a recent report from the U.S. Department of Commerce. Travel and tourism-related activities also increased, on average, more than $1.1 billion a month during the first seven months of 2012, the agency reported separately.More

Comptroller's economic outlook
Texas Ahead
Job growth, sales tax collections — both from business and consumer purchases — as well as automobile sales, signal that the Texas economy has emerged from the recent recession. Another indicator that the state's economy has been comparatively healthy was the U.S. Census Bureau report that Texas added more people than any other state from 2010 to 2011. Although Texas has only 8 percent of the nation's population, the state added nearly 19 percent of the nation's population growth for the year.More

Texas airports keep economy soaring
Fiscal Notes
On a sweltering Saturday afternoon in June, four small aircraft are making methodical turns, descents and climbs over the city of Lockhart, just south of Austin. Each aircraft touches down briefly before powering into a takeoff at Lockhart Municipal Airport's Runway 18. Students perform these "touch-and-go" maneuvers on the 4,001-foot runway to learn basic procedure, hone their decision-making skills and refine their precision. Today, several aircraft are tied down at Lockhart.More

Where Obama and Romney stand on travel issues
USA Today
Voters will be processing an awful lot of information until Election Day on Nov. 6. But among the vast array of topics being debated are some clear-cut differences between President Barack Obama and former Gov. Mitt Romney on travel issues.More

Conference Board: September US consumer confidence jumps in August
Nasdaq
U.S. consumer confidence rose strongly in September to its highest reading since February, according to a recently released report. The Conference Board, a private research group, said its index of consumer confidence rose nine points to 70.3 this month, from a revised 61.3 in August, first reported as 60.6. The latest index is far better than the 65.0 expected by economists surveyed by Dow Jones Newswires.More

Houston hotel market energized
Houston Chronicle
Houston-area hoteliers are expected to fill more rooms and at higher rates in the coming years. "Houston is getting ready to embark upon another real strong growth period," PKF Consulting's Randy McCaslin said in a state-of-the-market report to the Hotel & Lodging Association of Greater Houston.More