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Jobs report milestone: Travel industry roars back to pre-recession employment level
U.S. Travel Association
The U.S. travel industry has returned to its pre-Great Recession employment level, while most of the economy still struggles to reach that mark, according to the latest U.S. Department of Labor figures. With an addition of 7,000 travel jobs in January, plus a substantial upward revision of previous data, the new labor report reveals that the travel industry actually reached the milestone in October, and now stands 11 percent above the pre-recession employment peak of February 2008.
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Perryman: Forecast for Texas economy, job market still bright
Odessa American
Texas has been adding jobs at a pace of more than 250,000 jobs per year (most recently during the 12 months ending in December). Major economic trends continue to improve, with real estate markets, the employment situation, and other measures of business activity trending ahead of the national expansion pace. The Perryman Group's most recent short-term forecast indicates that this relatively healthy growth is likely to continue.
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Travelers more likely to book hotels on day of arrival than any day prior
Skift
Same-day bookings accounted for 29 percent of all U.S. hotel bookings in the fourth quarter, reports travel marketing firm Sojern. This is based on data from Sojern's partners. The second most popular time to book was one to two days before arrival followed, by any time three to seven days prior. Thirty-seven percent of travelers booked less than a week ahead of their stay.
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Travel exports achieved record levels in 2013
Successful Meetings
A record number of foreign travelers visited the United States last year, according to the U.S. Travel Association, which recently released its analysis of the U.S. Department of Commerce's year-end report on international trade. According to the Commerce Department report, U.S. exports of goods and services reached an all-time high of $2.3 trillion in 2013, up $700 billion since 2009 — making last year the fourth consecutive year of record-breaking U.S. exports.
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Site: Incentive travel to grow 'significantly' through 2016
Successful Meetings
"Incentive travel continues to be on the upswing and is predicted to grow significantly through 2016," concludes the Site International Foundation, which recently released the results of its fourth annual "Site Index Annual Survey."
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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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