Even after the colossal challenges the pandemic brought to the travel industry, the economic benefit of tourism to cities remains strong. The World Travel & Tourism Council (WTTC) launched its Cities Economic Impact Report (EIR) at the 22nd Global Summit in Riyadh. Sponsored by Visa, the report shows cities remain the powerhouses of global tourism … Read more
High-end home buyers are backing off as rising interest rates, inflation, a tepid stock market and economic uncertainty make it less feasible to purchase luxury goods. Redfin Reports Luxury-Home Purchases Plummet 28%, the Biggest Drop on Record. Sales of luxury U.S. homes fell 28.1% year over year during the three months ending Aug. 31, 2022, … Read more
Luxury-Home Sales Sink 18%, the Biggest Decline Since the Start of the Pandemic. Redfin analysis finds the luxury-housing market is cooling down amid a slumping stock market, rising mortgage rates and economic uncertainty. Sales of luxury U.S. homes fell 17.8% year over year during the three months ending April 30, the largest drop since the … Read more
As pandemic-era travel restrictions have loosened up, you might feel eager to grab your suitcase to jet off to a beautiful destination with your other half, family, or friends. After many years of COVID-related stress, you deserve a relaxing getaway in a picture-perfect destination. Yet, you might be unsure about the best destination to visit. … Read more
The past few years have had a physical and mental impact on many of us. The stress of dealing with the pandemic, providing childcare, and transitions at work like working from home or masking and social distancing in the workplace may have made you feel like you’ve aged a great deal in a short amount … Read more
Americans plan to celebrate the holidays with family and friends, even as health and financial concerns continue to weigh on travelers. “Nearly two years into the isolation brought on by the pandemic, people are eager for the warm embrace of family and friends. Americans are ready to travel and experience holiday celebrations together, … Read more