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Tourism and Boston's Commercial Real Estate Market

Tourism is a huge part of Boston’s economy, so monitoring the number of travelers is important in evaluating the health of Boston’s real estate market.  Due to COVID-19, the number of travelers, not only at Boston-Logan Airport, but throughout the country, has decreased dramatically since the beginning of this year. 

 With the holidays around the corner and the number of cases on the rise, many are expecting flight traffic to remain low as people plan to travel by car instead of plane.  In order for Boston’s commercial real estate market to rebound, we will likely need to see passenger traffic return.

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