Travel News Report
Nov. 13, 2013

Gen-Y's get all the attention — spare a thought for the silver surfer in travel
The media, analysts, researchers and marketers are all probably a little bit guilty of giving too much attention to the generation coming round the corner. This is natural: Gen-Yers (or millennials) are an intriguing group of people given their background as one of the first collection of consumers to have been brought up with the Internet all around them.More

Travel industry adds jobs in spite of government shutdown
Successful Meetings
Because of its impact on tourism — it cost the United States an estimated $152 million per day in economic output due to lost travel-related activity — the government shutdown could have easily hindered travel industry growth. Instead, the travel industry actually added 16,000 jobs in October and contributed more than 6 percent of October's total nonfarm employment gains, according to the U.S. Travel Association, which last week released an analysis of the U.S. Department of Labor's October jobs report.More

Sales tax hike in Mexico seen as bonanza for Texas retailers
When Mexico's Congress approved raising the sales tax in border states, it sparked angry protests, but it could also boost sales for retailers on the U.S. side. "With the higher tax, they're going to drive us to the U.S. to shop," said Veronica Vasquez, a Juarez resident. “In Mexico, everything will be much more expensive."More

About 1-in-4 US pumps selling gas below $3
The Wall Street Journal
Americans are seeing the lowest pump prices for gasoline since February 2011, AAA says.More

US reaches preliminary deal in American-US Airways merger lawsuit
The New York Times
The Justice Department has reached a preliminary agreement to settle its fight with American Airlines and US Airways over their proposed merger, according to a court document filed Tuesday. Under the proposal, American and US Airways would sell 104 takeoff and landing slots at Ronald Reagan National Airport in Washington, 34 slots at La Guardia Airport in New York, and various assets at five other airports, including O'Hare Airport in Chicago, Los Angeles International Airport and Boston Logan International Airport.More

Passenger rights group to TSA: End carry-on liquids ban
Successful Meetings
The Transportation Security Administration should lift its restrictions on carry-on liquids, according to the Association for Airline Passenger Rights, which has called on the agency to end its "security theater" by focusing on more effective security measures.More

Credit card networks propose global digital payment standard
Business Travel News
American Express, MasterCard and Visa unveiled an initial proposal for developing a global standard for online shopping, designed to "enhance the security of digital payments and simplify the purchasing experience," according to the credit card networks. The new standard, which incorporated the "input of many stakeholders," including card issuers and merchants, would allow issuers, merchants or digital wallet providers to use a digital 'token' instead of a shopper's card account number to process a transaction.More