It was jar dependency issue.
After Upgrade below is how my pom.xml looks like:
<?xml version="1.0"?>
<project
xsi:schemaLocation="http://maven.apache.org/POM/4.0.0
http://maven.apache.org/xsd/maven-4.0.0.xsd"
xmlns="http://maven.apache.org/POM/4.0.0"
xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<modelVersion>4.0.0</modelVersion>
<parent>
<groupId>com.oreilly.springdata</groupId>
<artifactId>spring-data-book</artifactId>
<version>1.0.0.BUILD-SNAPSHOT</version>
<relativePath>../pom.xml</relativePath>
</parent>
<artifactId>spring-data-book-rest-test1</artifactId>
<name>Spring Data Book - REST exporter</name>
<packaging>war</packaging>
<dependencies>
<!-- Spring -->
<dependency>
<groupId>org.springframework</groupId>
<artifactId>spring-webmvc</artifactId>
<version>${spring.version}</version>
</dependency>
<dependency>
<groupId>org.springframework</groupId>
<artifactId>spring-web</artifactId>
<version>${spring.version}</version>
</dependency>
<dependency>
<groupId>org.springframework</groupId>
<artifactId>spring-oxm</artifactId>
<version>${spring.version}</version>
</dependency>
<dependency>
<groupId>org.springframework</groupId>
<artifactId>spring-orm</artifactId>
<version>${spring.version}</version>
</dependency>
<dependency>
<groupId>org.springframework</groupId>
<artifactId>spring-jdbc</artifactId>
<version>${spring.version}</version>
</dependency>
<dependency>
<groupId>org.springframework</groupId>
<artifactId>spring-context</artifactId>
<version>4.0.3.RELEASE</version>
</dependency>
<dependency>
<groupId>org.springframework</groupId>
<artifactId>spring-core</artifactId>
<version>4.0.3.RELEASE</version>
</dependency>
<dependency>
<groupId>org.springframework</groupId>
<artifactId>spring-beans</artifactId>
<version>4.0.3.RELEASE</version>
</dependency>
<!-- Spring Data REST -->
<dependency>
<groupId>org.springframework.data</groupId>
<artifactId>spring-data-jpa</artifactId>
<version>1.5.0.RELEASE</version>
</dependency>
<dependency>
<groupId>org.springframework.data</groupId>
<artifactId>spring-data-rest-webmvc</artifactId>
<version>2.0.0.RELEASE</version>
</dependency>
<!-- dependency>
<groupId>org.springframework.data</groupId>
<artifactId>spring-data-rest-webmvc</artifactId>
<version>1.1.0.M1</version>
</dependency>
<dependency>
<groupId>org.springframework.data</groupId>
<artifactId>spring-data-jpa</artifactId>
<version>1.3.0.RELEASE</version>
</dependency -->
<!-- Hibernate / JPA -->
<dependency>
<groupId>org.hibernate.javax.persistence</groupId>
<artifactId>hibernate-jpa-2.0-api</artifactId>
<version>1.0.1.Final</version>
</dependency>
<dependency>
<!-- <groupId>org.hibernate</groupId>
<artifactId>hibernate-entitymanager</artifactId>
<version>3.2.1.ga</version> -->
<groupId>org.hibernate</groupId>
<artifactId>hibernate-entitymanager</artifactId>
<version>4.1.6.Final</version>
<scope>runtime</scope>
</dependency>
<!-- Database -->
<dependency>
<groupId>org.hsqldb</groupId>
<artifactId>hsqldb</artifactId>
<version>2.2.8</version>
<scope>runtime</scope>
</dependency>
<!-- Web -->
<dependency>
<groupId>javax.servlet</groupId>
<artifactId>javax.servlet-api</artifactId>
<version>3.0.1</version>
<scope>provided</scope>
</dependency>
</dependencies>
<build>
<finalName>Tst1</finalName>
<plugins>
<plugin>
<groupId>org.apache.maven.plugins</groupId>
<artifactId>maven-war-plugin</artifactId>
<version>2.1.1</version>
<configuration>
<failOnMissingWebXml>false</failOnMissingWebXml>
</configuration>
</plugin>
<plugin>
<groupId>org.eclipse.jetty</groupId>
<artifactId>jetty-maven-plugin</artifactId>
<version>9.0.0.RC2</version>
</plugin>
</plugins>
</build>
<repositories>
<repository>
<id>spring-libs-milestone</id>
<url>http://repo.springsource.org/libs-milestone</url>
<snapshots>
<enabled>false</enabled>
</snapshots>
</repository>
</repositories>
</project>