Credit Card News
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » News » Travel » More Travelers Hitting the Road this Memorial Day

More Travelers Hitting the Road this Memorial Day

Add to Favorites:
More Travelers Hitting the Road this Memorial Day
May
20

After a long winter of being cooped up, people are more than ready to welcome the official start of summer with a Memorial Day road trip.

AAA projects that 36 million Americans are planning a vacation that weekend—a 1.5% increase over last year. Nearly 90% of those travelers will load up their cars and hit the open road in order to reach their destination.

During the recession, the staycation—in which people find fun activities to do close to home—became a popular option for cash-strapped families. But those days could be coming to an end. Over the upcoming holiday weekend nearly 32 million drivers will get behind the wheel and travel 50 miles or more from their homes.

Another 2.6 million people are expected to kick off their shoes for airport security as they prepare to take off for their first summer getaway of the season. Last year 2.4 million vacationers flew during Memorial Day weekend.

Alternate methods of transportation could see a spike

Although cars and planes are the most popular way to get where you’re going, they aren’t the only option. Trains, buses and cruise ships are predicted to see a big increase in traffic this weekend, with 1.7 million folks boarding a ship, bus or train—a 6.5% jump over 2013 stats.

Whether people decide to travel by air, sea, road or rail this weekend, gas prices aren’t expected to play much of a role in their decision. Most people’s itineraries are already in place, so AAA’s prediction that gas prices will stay steady or even dip a bit lower than last Memorial Day’s $3.63 per gallon average won’t affect their travel plans.

Airfare, on the other hand, is about 6% higher than it was last year, according to AAA. In 2013, the average round-trip discount plane ticket cost $215. This year, it’s $227. Mid-range hotels are slightly more expensive, at an average of 2% higher ($169 per night, compared with $166 in 2013), while car rentals are up by just 1% (averaging $44 a day on weekends).

AAA has been putting out holiday travel forecasts for more than 20 years, and has analyzed data from researchers and economic forecasters at IHS Global Insight for their Memorial Day Travel Forecast since 2009.

Add to Favorites:

Related News:

Road Trips Heat Up for Holiday

By Elizabeth Nelson, Posted: July 02, 2014

Fill up the tank and check the oil: with the Fourth of July holiday right around the corner, many Americans are getting ready to go on a road trip. Between Wednesday, July 2, and Sunday, July 6, nearly 35 million people will travel at ... Continue reading
Alaska Airlines Takes Top Spot in J.D. Power Rankings

By Elizabeth Nelson, Posted: May 19, 2014

In the first-ever J.D. Power Airline Loyalty/Rewards Program Satisfaction Report, Alaska Airlines came away with the highest rating for overall customer satisfaction. Continue reading
Vacation Stress Can Take the Fun Out of Travel

By Dar Dowling, Posted: May 22, 2014

Parents are looking to give their kids some summer fun with family getaways and vacations, but according to a new study the stress of planning the perfect vacation is taking its toll. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 50,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $500 travel statement credit
For Excellent/Good Credit
Earn 30,000 American Airlines AAdvantage® bonus miles after making $1,000 in purchases within the first 3 months of account opening
For Excellent/Good Credit
$250 Air Travel Credit each year
For Excellent Credit