That is a 1.2 percent increase in spending from 2015.
AAA Travel also expects that more than 38 million Americans will travel 50 or more miles for the holiday this year.
“That is the second-highest Memorial Day travel volume on record and the most since 2005,” AAA said. “Spurred by the lowest gas prices in more than a decade, about 700,000 more people will travel compared to last year.”
U.S. Travel states that most of these travelers will journey via standard road trips, spending a total of $220 each for the trip, which includes the normal travel expenditures of lodging, dining out, and entertainment. Travelers who fly are expected to spend quite a bit more, averaging about $990.
“What we’re seeing is that the demand for travel is greater than ever — but that leads to the question of whether our transportation infrastructure is equipped to support that job-creating activity,” said President and CEO of the U.S. Travel Association Roger Dow. “Unfortunately, the overwhelming body of evidence tells us the answer is no.”
According to The Hill, the association is supposed to release a statement later this week about whether or not the growing TSA security lines are going to be affecting these holiday travelers’ desires to fly.
Like Dow said, the demand and desire for domestic travel is heavy and high, but with hours of lines waiting to go through security at airports, the cost/benefit analysis of waiting hours to take a short domestic flight comes into play.
Hopefully though, with initiatives like TSA Pre-Check, we can fix the waiting problem at airports and continue to encourage Americans to travel domestically.
So, to all those traveling away from home for Memorial Day this weekend, I hope you have a safe and happy trip, away from conflicts, work, and all the other pressures of everyday life! And for those staying at home, I wish these to you as well!
Let me know where you’re traveling!