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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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The best travel rewards programs are...

American Airlines at Dallas/Fort Worth International Airport 

Business Travel
A new report from the Global Business Travel Association (GBTA) Foundation says that business travel was responsible for about 3 percent of U.S. GDP in 2012 ($491 billion).
For every 1 percent increase in business travel spending, the U.S. economy gains an additional 71,000 jobs, nearly $5 billion in GDP, $3 billion in wages and $1.2 billion in tax collections, according to the report.
The impact study also found that in 2012 the nation’s businesses spent $384 billion to send travelers out on the road on 452 million business trips. The study shows that the business travel industry supports 7.1 million jobs and generated $118 billion in federal, state and local taxes.
gbta.org
 

World's best travel reward programs

By Katia Hetter
CNN

Which airline, hotel and rental car rewards programs are worth your while? With all the mergers and changes in the travel industry, it's nearly impossible for the occasional traveler to know.
The 2014 FlyerTalk Awards highlight companies that still impress the road warriors of the sky.
FlyerTalk's online veterans know the pros and cons of nearly every aspect of travel, including the coveted perks of loyalty programs. That information is especially valuable as many reward programs make it harder to reap their benefits. Delta Air Lines' plan to award dollars spent rather than miles flown is the latest move in that direction.
While there are many industry awards for best travel loyalty programs, "users of these travel services are better judges of the services than the industry," says Brent Conver, general manager of FlyerTalk.
Thousands of registered FlyerTalk members nominated their favorite programs in December and voted for the winners, which are being announced Wednesday. Here are their picks for best overall airline, hotel and rental car programs and best specific program benefits around the world.

Best overall rewards programs
American Airlines AAdvantage won for top airline affinity program in the Americas, with United Airlines coming in second place. Starwood's Preferred Guest program edged out Hilton HHonors in the hotel category. And Hertz Gold Plus Rewards took the rental car honors.
Frequent travelers want to turn their airline and hotel points into more travel easily.
"People who are big fans of American say they have the best award availability, and they love that Starwood allows its points to be transferred to different airline programs," he says. They also love Starwood's flexibility (in) allowing travelers to use a combination of points and cash to book rooms.
In the Europe/Africa category, British Airways Executive Club was voted top airline affinity program. Starwood Preferred Guest and Hertz Gold Plus Rewards both came in first place in this region, as well.
Hertz – which collected several FlyerTalk awards – also spends a lot of time thinking about their elite travelers, and it shows up in their fan base at FlyerTalk, says Conver.
In the Middle East/Asia/Oceania region, India's Jet Airways JetPrivilege was the surprise winner in the airline affinity program, upsetting the winner for the last two years, Cathay Pacific's Asia Miles. Taj Hotels Resorts and Palaces' InnerCircle took top hotel honors. And no surprise in the rental car category: Hertz swept all three regions with its Gold Plus Rewards.

Best travel reward program benefit (Americas)
FlyerTalk's American Airlines AAdvantage members love their Executive Platinum member upgrades. Members get eight free one-way upgrades system wide upon qualification or re-qualification of elite status.
In the hotel benefit race, the love that Marriott Rewards members have for the Concierge Lounge dominates. Their club lounges in the United States offer free food and drink and a dedicated concierge.
And once again, Hertz Gold Plus Rewards' Gold service wins in the rental car benefit category. While Gold service is a package of upgrades including faster reservations, a speedy vehicle pick up process and VIP treatment, it's packaged together and treated as a single benefit.

Best travel reward program benefit (Europe/Africa)
In the airline awards category, British Airways Executive Club members love their Avios upgrades. British Airways uses distance-based award charts, which allows travelers to trade in fewer miles (called Avios at the airline) for short trips, says Conver. "British Airways spends a lot of time working with their elite travelers, and they have a fan base," he says.
Travelers love their Hilton HHonors Executive lounge access, naming it the best hotel benefit in Europe and Africa. The lounges offer free food and drink, and none of the lounges are exactly alike.
Hertz Gold Plus Rewards program wins again in this category for giving members points toward free rentals or exchange for other programs' miles or points.

Best travel reward program benefit (Middle East/Asia/Oceania)
Members of Jet Airways JetPrivilege say that program's top perk allows them to pay cash for domestic award ticket upgrades. Hotel guests voted Taj Hotels Resorts and Palaces InnerCircle's room upgrades the top benefit. FlyerTalk members didn't nominate any car rental benefits in this part of the world. Maybe next year?

 

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