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More Travelers Expected During Thanksgiving Holiday Period

11/25/2014

AAA Travel projects 46.3 million Americans will journey 50 miles or more from home during the Thanksgiving weekend, the highest volume for the holiday since 2007 and a 4.2 percent increase over 2013. Almost 90 percent of travelers (41.3 million) will celebrate the holiday with a road trip and likely will enjoy the lowest Thanksgiving gas prices in five years. The national price of gasoline has fallen below $3.00 per gallon for the first time since Dec. 22, 2010

The Thanksgiving holiday travel period is defined as Wednesday, November 26 through Sunday, November 30.

Air travel for Thanksgiving is expected to be at the highest level since 2007, with 3.55 million Americans taking to the skies.

Travelers will encounter moderately higher prices with airfares one percent higher, mid-range hotels up eight percent and car rentals costing 10 percent more.

The average distance traveled this Thanksgiving will be 549 miles roundtrip and Americans will spend an average of $573 during the holiday weekend.

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