Search
 
Analysis

Retail, Recreation Rebounds Amid Widespread Vaccinations

While trips to the office are sticker because they are dictated by employer policy, leisure movement is hitting near pre-pandemic levels for the first time since July 2020.

By Les Shaver | April 12, 2021 at 06:18 AM

As vaccinations reach critical mass, in-person retail and recreation visits are recovering more rapidly than trips to the office over the past month in the US, according to Fitch Ratings

While trips to the office are sticker because they are dictated by employer policy, leisure movement is hitting near pre-pandemic levels for the first time since July 2020 in the US, according to Fitch. Not surprisingly, increased leisure travel is having a positive impact on US CMBS hotel and retail delinquencies.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.