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55 Million Expected To Travel Over Thanksgiving Holiday

by The Virginian Review
in News
March 20, 2021
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ORLANDO, Fla. — More than 55 million travelers are making plans to kick off the holiday season with a trip of 50 miles or more away from home this Thanksgiving. 
This will be the second-highest Thanksgiving travel volume since AAA began tracking in 2000, trailing only the record set in 2005.
Overall, an additional 1.6 million more people will travel compared with last year, a 2.9 percent increase.
The vast majority of holiday travelers will drive to their destinations and, INRIX, a global transportation analytics company, expects Wednesday afternoon to be the worst travel period nationally, with trips taking as much at four times longer than normal in major metros.
AAA predicts that 49.3 million travelers will hit the road this Thanksgiving.
“Millions of thankful Americans are starting the holiday season off right with a Thanksgiving getaway,” said Paula Twidale, vice president, AAA Travel.
“Strong economic fundamentals are motivating Americans to venture out this holiday in near-record numbers. 
Consumer spending remains strong, thanks to increasing wages, disposable income and household wealth, and travel remains one of their top priorities for the holiday season.”
Gas prices have been fluctuating as of late, but are currently cheaper than the national average at this time last year, giving Americans a little extra money to spend on travel and motivating millions to take road trips. 
For the majority of Americans, AAA expects gas prices to be fairly similar to last year’s Thanksgiving holiday, which averaged $2.57.
With 4.6 percent growth, air travel will see the biggest increase in travel volume during the Thanksgiving holiday, with 4.45 million Americans expected to fly.
A recent analysis of AAA’s flight booking data from the last three years revealed that flying the Monday before the Thanksgiving travel rush is the best option for travelers. 
It has the lowest average ticket price ($486) prior to the holiday and is a lighter travel day than later in the week.
Travelers can also save by traveling on Thanksgiving Day, which has the week’s lowest average price per ticket ($454).

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Published on November 22, 2019 and Last Updated on March 20, 2021 by The Virginian Review