AAA Projects 1.2 Percent Increase In Memorial Day Travel
May 15, 2012AAA projects 34.8 million Americans will travel 50 miles or more from home during the Memorial Day holiday weekend, an increase of 1.2 percent – or 500,000 travelers – from the 34.3 million people who traveled one year ago. The Memorial Day holiday travel period is defined as Thursday, May 24 to Monday, May 28.
“The overall economic picture in the U.S. continues to improve, however, Americans faced an unexpected challenge this year as gas prices broke record highs for the first quarter of the year and squeezed many household budgets,” said Brent Hubele, vice president, AAA Travel, The Auto Club Group. “We’re still expecting an up tick in the number of Americans traveling during the Memorial Day holiday weekend, but many will compensate for their reduced travel budgets by staying closer to home or choosing cost-inclusive vacation options like cruises and tour travel packages.”
