Monday, May 13, 2024
Industry

AAA Projects Travel for Memorial Day Weekend to be One of the Busiest Since 2000

If you’re thinking about traveling for Memorial Day Weekend, then you’ll be joining 42.3 million Americans who will travel 50 miles or more from their homes to usher in the unofficial start to summer. According to AAA (American Automobile Association), that’s a 7% increase over 2022. 

“This is expected to be the third busiest Memorial Day weekend since 2000, when AAA started tracking holiday travel,” said Paula Twidale, Senior Vice President of AAA Travel. “More Americans are planning trips and booking them earlier, despite inflation. This summer travel season could be one for the record books, especially at airports.”  

Nearly 3.4 million travelers are expected to fly to their destinations this Memorial Day, that’s an increase of 11% over last year. Air travel over the holiday weekend is projected to exceed pre-pandemic levels, with 170,000 more passengers than in 2019. Despite high ticket prices, demand for flights is skyrocketing. This Memorial Day weekend could be the busiest at airports since 2005. 

For travelers hitting the road, you’ll be one of more than 37 million Americans who have decided to drive to their holiday destination this year. Despite lower gas prices compared to last year, car travel this holiday will be shy of pre-pandemic numbers by about 500,000 travelers. 

Surprisingly, more people this holiday are taking other modes of transportation, like buses and trains. These travelers are expected to total 1.85 million, an increase of 20.6% over 2022. 

Source: AAA
Source: AAA


Best/Worst Times to Travel and Peak Congestion by Metro  

INRIX, a provider of transportation data and insights, has a few projections to help you pick the right time to hit the road. 

  • Busiest Day on the Road – Friday, May 26
  • Best Time to Travel by Car – Friday, May 26 (Before 6 pm) 
  • Lightest Traffic Days – Saturday and Sunday
  • Expect Double the Travel Time Near Major Metro Areas

“With lower fuel prices and more travelers on the road compared to last year, drivers should expect long delays this holiday weekend, especially in and around major metros as commuters mix with Memorial Day travelers,” said Bob Pishue, transportation analyst at INRIX. “Knowing when and where congestion will build can help drivers avoid the stress of sitting in traffic. Our advice is to avoid driving during peak hours or use alternative routes.” 

Source: INRIX
Source: INRIX
Source: INRIX
Source: INRIX


Top Destinations

So, what are some of the most popular tourist destinations? According to AAA booking data for Memorial Day weekend, here’s a quick look at some popular destinations this year.

Top Domestic Destinations

Cruise Port Cities

  • Florida
  • Alaska
  • Seattle

Other popular U.S. cities this Memorial Day: 

  • Denver
  • Boston
  • Anaheim, California
  • Canton, Ohio

“We are seeing a demand for iconic cities, international vacation packages, and cruises with included amenities that provide more value for the price,” Twidale added. 



High Airfares Not Stopping Travelers From Booking

Travelers are paying more for Memorial Day trips this year, in large part due to the rising cost of airline tickets. AAA booking data shows a 40% increase in airfare to this year’s Top Destinations. But that’s not stopping travelers from booking flights abroad. International travel is surging with bookings 250% higher this holiday weekend compared to 2022. 

Most Popular European Cities

  • Rome
  • Paris
  • Dublin
  • London
  • Barcelona
  • Athens

International car rentals are up more than 80% over 2022. AAA reports strong sales for International Driving Permits this year, almost double what they were last year. The passport courier service RushMyPassport is also seeing an unprecedented number of applications for expedited passport and visa services this year. 



Holiday Forecast Methodology  

Travel Forecast 

In cooperation with AAA, S&P Global Market Intelligence developed a unique methodology to forecast actual domestic travel volumes. The economic variables used to forecast travel for the current holiday are leveraged from S&P Global Market Intelligence’s proprietary databases. These data include macroeconomic drivers such as employment, output, household net worth, asset prices including stock indices, interest rates, housing market indicators, and variables related to travel and tourism including gasoline prices, airline travel, and hotel stays. AAA and S&P Global Market Intelligence have quantified holiday travel volumes going back to 2000.  

Historical travel volume estimates come from DK SHIFFLET’s TRAVEL PERFORMANCE/MonitorSM. The PERFORMANCE/MonitorSM is a comprehensive study measuring the travel behavior of U.S. residents. DK SHIFFLET contacts over 50,000 U.S. households each month to obtain detailed travel data, resulting in the unique ability to estimate visitor volume and spending, identify trends, and forecast U.S. travel behavior —all after the trips have been taken.   

The travel forecast is reported in person-trips. In particular, AAA and SPGMI forecast the total U.S. holiday travel volume and expected mode of transportation. The travel forecast presented in this report was prepared the week of April 17, 2023. 

*Memorial Day Holiday Travel Period 
For purposes of this forecast, the Memorial Day holiday travel period is defined as the five-day period from Thursday, May 25 to Monday, May 29. The five-day holiday length is consistent with previous holiday periods. 

Vacationer Staff

Vacationer Magazine's writing staff works hard to bring you all the latest LGBTQ travel articles to help inspire and inform.

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