It's a story about top executives at the major airlines showing concern about economic concerns. This is a blog which focuses on real estate. My instincts from years of performing research tell me there is a connection for some people and companies on the real estate side.
The message is clear that fewer people will be flying over, at the very least, the next few months. There are many reasons, ranging from people having done "extra" travel to make up for missed time due to the pandemic to increased fear over job loss to recent airplane disasters scaring off potential passengers.
Some landlords and investors need to take this situation into account. If you have one or more properties on short-term rental plans, you need to consider that you may be facing less of a target audience this Summer and beyond. Might be worth looking at pursuing long-term tenants or perhaps selling or exchanging with someone who is not taking these possibilities into account.
If you are on the commercial side, consider that hotels, restaurants, and tourist venues which depend heavily on customers flying to and from the area are likely to be impacted by this expected downward trend in air travel.
As I continue to preach to my valued clients and connections, being aware of "everything" that could impact your business and/or properties is of the utmost importance. This is whether it's good or bad possibilities. Be ready to adapt.
You could have the most wonderful property deal on the planet, but you need for people to want to travel there for it to matter.
https://www.cnbc.com/2025/03/11/airline-ceo-domestic-travel-demand.html
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