Travel News Report
Dec. 5, 2012

1st-ever study shows travel jobs offer better career progression, benefits
U.S. Travel Association
Workers who begin their careers in travel achieve higher wages, have greater access to educational opportunities and enjoy better career progression, according to a first-of-its-kind study of more than 30 years of longitudinal data collected by the U.S. Bureau of Labor Statistics and analyzed by Oxford Economics and the U.S. Travel Association. "The data is conclusive: workers whose first job is in the travel industry progress further in their careers than individuals who get their start in other industries, and travel industry work experience helps Americans earn higher wages and attain an education," said Roger Dow, president and CEO of the U.S. Travel Association.More

Texas Republican puts Rainy Day Fund on the table
The Associated Press via Midland Reporter-Telegram
As Texas lawmakers prepare for another tough budget year, Republican Lt. Gov. David Dewhurst has floated the idea of tapping the state's Rainy Day Fund, a surprise suggestion considering most conservatives have spent years fighting to preserve it. In the past, Gov. Rick Perry has made maintaining the fund's $8.1 billion a top priority. When Democrats wanted to tap the fund last year to avoid cutting $5.4 billion in school funding, Perry said such a move was fiscally unwise.More

Border businesses get edgy as US nears 'fiscal cliff'
San Antonio Express-News
Sam Vale operates a private bridge over the Rio Grande. Like many business owners along the U.S.-Mexico border, he dreads the effect of the "fiscal cliff" if lawmakers fail to reach a budget deal by year's end. In particular, Vale fears a reduction of inspections and operations at U.S. border ports could further cripple a sector of the economy already distressed by the post-9/11 security crackdown. Jobs, tourism, produce, Mexican goods manufactured for American firms — "the fiscal cliff threatens all of that," Vale said from his Starr-Camargo Bridge Co. office in Rio Grande City.More

Perry appoints Bugg as senior adviser
San Antonio Express-News
San Antonio banker and foundation executive J. Bruce Bugg Jr. has been appointed by Gov. Rick Perry as president and chairman of the nonprofit Texas Economic Development Corp. to help coordinate job-creation programs, the governor's office announced. Bugg, 58, will be senior adviser to the governor, overseeing the corporation's programs and working with the state office of Economic Development and Tourism and the Texas Secretary of State's office. Bugg also has been named board chairman of TexasOne, a TEDC program that raises marketing funds for Texas.More

FTC sends 'broader' message in 'drip pricing' warning to hoteliers
Business Travel News
In sending warning letters recently to 22 undisclosed hotel operators for not fully disclosing on their websites resort fees and other mandatory surcharges, the Federal Trade Commission aims to convey "a broad message to the travel industry that any mandatory fees should be included in the total price quoted to consumers," regardless of booking channel, an FTC attorney told Business Travel News. While the federal government in recent years has taken strong actions to establish and enforce full-fare transparency requirements for airlines, FTC now is toughening its stance on what it calls "drip pricing" in the hotel sector.More