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Expedia and Travelocity join forces
Zacks
Expedia Inc. and Travelocity recently announced a strategic long-term marketing partnership to strengthen the latter's core business. Financial terms of the deal were not disclosed. As per the agreement, Expedia will handle the majority of Travelocity's operations. It will pick up the orders for Travelocity, collect the fees from providers and pay Travelocity a commission for the sales generated on the Travelocity platform. In fact, Travelocity will now become more of a brand of Expedia's website than a true travel agency.
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Favorable long-term forecast for Texas economy
The Monitor
The Perryman Group's latest long-term forecast for Texas indicates that the state is likely to grow by almost $2 trillion (in real gross product) and add more than 6.4 million jobs by 2040. Continuing a long-time pattern, Texas is expected to outperform the nation.
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PRODUCT SHOWCASE
  Visit Texas' Largest History Museum

Where can you walk 26,000 square miles and experience 500 million years in a day? The Panhandle-Plains Historical Museum. From dinosaurs to conquistadors, you'll find something for everyone. Step in and step back to the Old West in Pioneer Town, view the finest art collections, and more. For admissions, membership and more visit panhandleplains.org.
 


Texas Parks and Wildlife 2014 budget reflects legislative support
TMCnet
The Texas Parks and Wildlife issued the following news release: Funding to keep Texas State Parks open and provide grants for city and county parks, millions to aid the declining bobwhite quail and its grassland habitat, fisheries funding that benefits water resources, and dollars for conservation law enforcement are among the highlights of the 2014 budget approved by the Texas Parks and Wildlife Commission.
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Hotels.com: China world's biggest travel spender
Successful Meetings
Chinese travelers spent $102 billion on international travel in 2012, an increase of 40 percent from 2011 and enough to unseat the United States and Germany as the world's biggest travel spenders, according to Hotels.com, which published its second annual Chinese International Travel Monitor.
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PRODUCT SHOWCASE
  Dallas Travel & Adventure Show

Reach travelers looking for their next Texas Getaway at the Dallas Travel & Adventure Show, November 2-3—the largest consumer travel show in Texas! Promote your destination, increase leads and bookings or drive visitors to your attraction—the show is THE place to meet active travel buyers. Inquire about the TTIA Member Discount!
 


US lodging industry capital expenditures to reach record levels in 2013
Successful Meetings
Capital expenditures for U.S. hotels are expected to exceed the prior record set in 2008, says a new trend analysis report. The report, written by Bjorn Hanson, divisional dean for the Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management at the New York University School of Continuing and Professional Studies, forecasts a total of $5.6 billion to be spent on capital expenditures this year.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Labor Day travel to hit four-year high (USA Today)
Travel industry targets unused paid time off (Richmond Times-Dispatch)
The mobile tourist: How smartphones are shaking up the travel market (Business Insider)
Is Facebook advertising right for your business? (By Liz Murphy)

Don't be left behind. Click here to see what else you missed.


 



Travel News Report

Colby Horton, Vice President of Publishing, MultiBriefs, 469.420.2601
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Patrick McCoy, Senior Content Editor, MultiBriefs, 469.420.2603

Janice Langlinais, Director of Communications, Texas Travel Industry Association, 512.328.8842


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