Travel News Report
Nov. 5, 2014

Texas road money approved, but it's only a start, backers say
The Dallas Morning News
Texans overwhelmingly agreed on Nov. 4 to steer billions in existing tax revenue to the revenue-strapped state transportation department. Landslide approval of Proposition 1 allows lawmakers to send some oil and gas production tax revenue to the Texas Department of Transportation, money that would otherwise go to a swelling state savings account.More

Statement from TxDOT regarding Proposition 1
Valley Town Crier & The Edinburg Review
Voters in Texas on Nov. 4 sent a clear message that road improvements are very important for economic development, safety and quality of life. By voting in support of Proposition 1, voters decided that a portion of oil and gas tax revenues should be deposited into the State Highway Fund.More

Group booking on the rise
Business Travel News
Marriott International and Hyatt Hotels Corp. during separate earnings calls each noted higher 2015 group demand, while Marriott president and CEO Arne Sorenson said corporate negotiated rates in 2015 would increase year over year, with "reduced discounting." Group booking pace at Marriott-brand properties for 2015, Sorenson said during the call, "is up at a mid-single digit rate with only about 60 percent of expected group business volume booked thus far."More

Six mobile marketing predictions for 2015
Marketing Profs
This year mobile use in the U.S. finally surpassed desktop use, with 60 percent of total digital media time spent on smartphones and tablets, up 10 percent from the previous year. The U.S. has finally caught up with global trends, and the mobile screen has become the primary screen. That fact will define not just the mobile landscape but also all digital media strategy in 2015.More

Mobile momentum prompts a rethinking of the role of online travel agencies
Tnooz
A new research paper from PhoCusWright reconfirms the importance of mobile in redefining not only the role but also the reach of online travel agencies. The paper Online Travel Agencies – More Than A Distribution Channel, produced with Expedia, brings together existing PhoCusWright research with other sources to back this up. More