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Study: Business travel costs to rise next year
USA Today
Business travelers can expect to pay 5 to 6 percent more for hotel rooms next year, according to a New York University study. Each fall, U.S. companies and hotels agree to corporate rates and amenities for the following year, and this year, Bjorn Hanson, divisional dean of the Tisch Center for Hospitality at NYU, says the two sides are further apart than normal as negotiations get underway.
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Gas prices set record: 1,000 days above $3 a gallon
USA Today
AAA has come up with a sobering statistic: The average price of gasoline will surpass $3 per gallon for the 1,000th consecutive day. That's never happened before, the motoring organization says.
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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.
 


Is running the hottest trend in the travel industry?
Relaxnews via CTV News
Is running the hottest trend in the travel industry? As more international hotel chains offer incentives to get guests pounding the pavement, sightrunning tours in major cities around the world are also on the rise. Runner's World reports that the hottest travel trend is sightrunning, with tours available in nearly 50 cities around the globe, including New York, Boston, Paris, Copenhagen, Barcelona and Cape Town, with that number rapidly growing. Most are launched by local entrepreneurs who love running and can guide small groups around their home turf, all while enjoying fresh air and exercise. A beer run is sometimes included.
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TSA unveils plans for tiered screening process
Travel Weekly
The Transportation Security Administration is planning to adopt a three-tiered system for passenger and baggage screening at U.S. airports. TSA intends to pre-select passengers for "expedited, standard or enhanced" screening at the time of booking. The information will be embedded in the barcode of the boarding pass. Continuing to move away from what TSA administrator John Pistole has called a "one-size-fits-all" approach, the new system is "designed to increase the number of airline passengers who may be eligible for expedited screening," according to a Federal Register notice.
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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!
 


Hilton files for IPO; Blackstone to retain controlling interest
Business Travel News
Hilton Worldwide filed for an initial public offering, a move that would take one of the world's largest hotel companies public about six years after the Blackstone Group acquired it for $26 billion. In its filing with the U.S. Securities and Exchange Commission, Hilton valued the IPO at $1.25 billion, though it noted that was merely an estimation in order to determine the registration fee. The number and price of shares to be offered is to be determined. Blackstone will own a majority of the voting power of shares after the IPO, according to the filing.
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American Airlines reports increase in traffic, revenue figure (The Associated Press via KTRK-TV)
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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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