AAA has predicted that 45.1 million people across the U.S. will travel at least 50 miles from home over the Memorial Day holiday period from May 22-26. This year’s forecast represents an increase of 1.4 million travelers compared to last year, and sets a new Memorial Day weekend record.
The previous record was set back in 2005 with 44 million people. Despite concerns over rising prices, many Americans say they’re taking advantage of the long holiday weekend to spend time with loved ones, even if the trips are closer to home.
“Memorial Day weekend getaways don’t have to be extravagant and costly,” said Stacey Barber, vice president of AAA Travel. “While some travelers embark on dream vacations and fly hundreds of miles across the country, many families just pack up the car and drive to the beach or take a road trip to visit friends. Long holiday weekends are ideal for travel because many people have an extra day off work and students are off from school.”
By Car
AAA projects 39.4 million people will travel by car over Memorial Day weekend. That’s an additional one million travelers compared to last year. Driving is the preferred mode of transportation during holiday travel periods, with 87% of Memorial Day travelers choosing to take road trips.
This year, drivers have the benefit of cheaper gas prices. Last Memorial Day, the national average for a gallon of regular was $3.59. This spring — thanks to lower crude oil prices — gasoline prices haven’t seen typical seasonal spikes. With the unofficial start of summer kicking off the busy driving season, demand is expected to rise, and pump prices may creep up along with it. Gas prices typically peak in the summer and start coming down when schools go back in session in the fall.
By Air
Airports are bracing for another bustling holiday weekend. AAA projects 3.61 million air passengers, a nearly 2% increase over last year when 3.55 million travelers took to the skies. While this Memorial Day weekend isn’t expected to set an air travel record (that was set back in 2005 with 3.64 million travelers), this year’s numbers are projected to surpass pre-pandemic levels by 12%.
AAA booking data shows domestic flights are 2% more expensive compared to last year, with the average roundtrip ticket costing $850.
By Other Modes
Travel by other modes continues to steadily rise post-pandemic. AAA projects 2.08 million people will travel by train, bus or cruise over Memorial Day weekend, an 8.5% increase over last year. This category is now surpassing pre-pandemic numbers from 2018 and 2019, but doesn’t reach the record numbers of the early 2000s when more people were choosing trains and buses post 9/11.
