According to AAA projections, the amount of travelers during the year-end holiday period (December 23 to January 4) will grow by 3.8 million this year, signaling positive economic circumstances for an increasing number of families. With almost 100 million Americans set to travel, this upward trend marks the highest growth rate since 2009.
Low gas prices continue to help boost disposable income this holiday season, with today’s national average price of gas at $2.55 per gallon, 69 cents less than a year ago. Nearly 91 percent of all travelers (89.5 million) will celebrate the holidays with a road trip. Just 5.7 million will use airplanes as their main mode of transportation.
The calendar is also having a positive effect on the number of travelers expected this year. Because Christmas lands on a Thursday, travel season is one day longer than last year’s, offering more options for departures and return trips. This flexibility makes it possible for more people to fit holiday travel into their schedules.
"'Tis the season for holiday travel, and this year more Americans will join with friends and family to celebrate the holidays and ring in the New Year than ever before," said Marshall L. Doney, AAA President and Chief Operating Officer. "While the economy continues to improve at an uneven pace, it seems more Americans are looking forward with increasing consumer confidence, rather than looking back at the recession.”
Published with permission from RISMedia.