More Than 38 Million Americans Expected to Travel This Memorial Day Weekend

AAA says that about 700,000 more people will travel this year compared to last year

More Than 38 Million Americans Expected to Travel This Memorial Day Weekend
Image: Pixabay
May 19, 2016

If you're planning to hit the road during the upcoming Memorial Day holiday weekend—you're not alone!

According to the AAA's 2016 Memorial Day Travel Forecast, more than 38 million Americans are expected to travel over the long holiday weekend. If that occurs, it would be the second-highest Memorial Day travel volume on record and the most since 2005.

Spurred by the lowest gas prices in more than a decade, AAA says that about 700,000 more people will travel this year compared to last year.

AAA estimates that Americans have saved more than $15 billion on gasoline so far this year compared to the same period in 2015. A strong labor market and rising personal income are also helping to motivate people to travel for Memorial Day this year.

"Americans are eagerly awaiting the start of summer and are ready to travel in numbers not seen in more than a decade," said Marshall Doney, AAA President and CEO. "The great American road trip is officially back thanks to low gas prices, and millions of people from coast to coast are ready to kick off summer with a Memorial Day getaway."

Nearly 34 million (89 percent) holiday travelers will drive to their Memorial Day destinations, an increase of 2.1 percent over last year as a result of lower gas prices, according to AAA's report. Air travel is expected to increase 1.6 percent over last year, with 2.6 million Americans taking to the skies this Memorial Day. Travel by other modes of transportation, including cruises, trains and buses, will fall 2.3 percent, to 1.6 million travelers.

The top travel destinations for Memorial Day weekend this year, based on AAA.com and AAA travel agency sales, are: Orlando, Myrtle Beach, Washington, D.C., New York, Miami, San Francisco, Boston, Honolulu, Los Angeles, and South Padre Island.

The Memorial Day holiday travel period is defined this year as Thursday, May 26 through Monday, May 30.