May 16, 2008

Memorial Day Still A Big Travel Holiday

AAA recently projected the number of Americans traveling during the Memorial Day holiday will drop slightly compared to the previous year, but travel will still be popular despite fuel costs.

AAA estimates that 37.87 million Americans will travel 50 miles or more from home this holiday, a decrease of nearly 360,000 travelers (0.9 percent) from last year’s total of 38.23 million.

Nearly 31.7 million Americans (83 percent of all holiday travelers) expect to travel by automobile, a one percent decrease from the approximately 32 million people who drove a year ago.

“Many Americans are feeling a financial pinch this holiday weekend from record high gasoline prices and other factors,” said AAA President and CEO Robert L. Darbelnet. “Despite the small decrease, we will still see a significant number of people traveling this weekend. More than 12 percent of the U.S. population will be celebrating the Memorial Day weekend away from home.”

Source: AAA
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