The Labor Department's report that the economy created 114,000 jobs in September while the unemployment rate fell to 7.8 percent, the lowest level in 45 months, was noted by David Huether, senior vice president of economics and research at the U.S. Travel Association. Huether offered his analysis, including noting a slight decline in industry employment.

TUI Travel Accommodation & Destinations, part of TUI Travel PLC one of the world's leading leisure travel companies, is pleased to announce the acquisition of MalaPronta.com, one of Brazil's leading domestic accommodation online travel agents (OTA).

Global traffic results for August showing demand for air transport continuing to flatten-out, but with significant regional variations, IATA reports. Freight volumes shrank as business and consumer confidence continued to slip, IATA said.