Home » Economy » This Memorial Day weekend expected to be biggest for travel since 2019
Economy

This Memorial Day weekend expected to be biggest for travel since 2019

Millions of Americans are ready to start the summer travel season with a trip this Memorial Day weekend, at almost any price.

Call it a “revenge journey.” Thirty-nine million people are expected to travel, more than 8% more than in 2021, according to AAA.

Of that number, about 35 million Americans are expected to hit the road. despite record gas prices. More than 3 million Americans will ascend to the sky, according to AAA estimates. This would make the festive weekend the busiest since 2019.

“What we’ve been through as a country for the last two years is encouraging people to come out. They want to have these experiences,” AAA spokesman Andrew Gross told CBS News.

These experiences will have a financial cost that most Americans seem willing to pay: gas prices continue to break records and hotel prices have risen 42% compared to last year.

“What am I going to do, just not go anywhere?”

“It sucks, but what am I going to do, just not go anywhere?” Houston resident Hunter Berecz told CBS News.

GasBuddy energy analyst Patrick De Haan expects fuel costs to continue rising. The average cost of a gallon of normal gas could reach $ 5 in a couple of weeks, he said, indicating that travel could be even more expensive over the summer season.

Gas prices exceeded $ 4 in each U.S. state for the first time earlier this month.

For motorcyclists, experts suggest filling their tanks about a mile from the freeway, where prices are usually lower.

Flyers who booked their plane tickets early got the best rates, but they could be left out if they haven’t booked a rental car yet. There is talk of low-cost, compact vehicles, while some larger, more expensive vehicles may still be available.

Source