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Travel Recovery Picks Up Speed, Consumer Spending Outpaces Income Growth, Mortgage Rates Spur Jump in All-Cash Sales

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Global international travel is projected to end 2023 down 14% from pre-pandemic levels, though passenger arrivals should reach 2019 levels by 2024, according to analysts at Tourism Economics. (Getty Images)
Global international travel is projected to end 2023 down 14% from pre-pandemic levels, though passenger arrivals should reach 2019 levels by 2024, according to analysts at Tourism Economics. (Getty Images)
CoStar News
October 29, 2023 | 11:00 P.M.

Travel Recovery Picks Up Speed

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