Tourism spending and arrivals in the global travel and tourism industry are projected to increase 4 percent on average amid improving economic conditions worldwide, the World Travel Market Global Trends Report 2013 shows. The report identified several trends that are expected to have a significant influence on the industry, such as the rise of the PANK — or “professional aunts with no kids” — segment, increased demand for multigenerational safari trips and the shift of concierge services toward the mobile platform. Read the HotelNewsNow.com story here.