The pool at Turtle Bay Resort on Oahu’s North Shore. Amanda Macias | CNBC Consumer prices for hotels, motels and other lodging dropped nearly 5% in November from October, according to the latest government inflation report, a sign that soaring travel demand has lost some momentum from the summer. Airfares […]
decline
Luxury home sales see biggest decline since the start of the pandemic
Sales of luxury homes plummeted 17.8% year over year during the three months ending April 30. That’s a much larger decline than non-luxury homes, which fell only 5.4% in the same period. The only two times this decade when the drops were steeper came during the 2020 pandemic, when the […]