ORLANDO, Florida – AAA projects that 48.7 million Americans will journey 50 miles or more from home this Thanksgiving, an increase of one million travelers compared with last year - a 1.9% increase over 2015, and the most Thanksgiving travelers since 2007. The Thanksgiving holiday travel period is defined as Wednesday, November 23, to Sunday, November 27.
AAA forecasters say that this year’s increase in Thanksgiving travel is spurred by improvements in the economy during the second half of the year. And despite recent incremental increases in the national average price of gasoline, AAA estimates U.S. drivers have saved more than $28 billion so far at the pumps this year compared to the same period last year.
“One million more Americans than last year will carve out time to visit with friends and family this Thanksgiving,” AAA President and CEO Marshall Doney said. “Most will travel on the tried and true holiday road trip, thanks to gas prices that are holding at close to $2 per gallon. Others will fly, take the bus or set off on a cruise to celebrate with their loved ones.”
Driving still most popular mode of travel for Thanksgiving
The vast majority - more than 89 % - of holiday travelers will drive this Thanksgiving. The 43.5 million Americans planning a Thanksgiving road trip represents an increase of 1.9% over last year. Air travel is expected to increase 1.6 %, with 3.69 million Americans flying to their holiday destinations.
Thanksgiving gas prices second-cheapest in nearly a decade
Today’s national average price for a gallon of gasoline is $2.16, 11 cents more than the average price on Thanksgiving last year ($2.05). Most U.S. drivers will pay the second-cheapest Thanksgiving gas prices since 2008, when the national average was $1.85.
Thanksgiving airfares up, hotel rates flat, and car rental prices down
According to AAA’s Leisure Travel Index, airfares are projected to increase 21% this Thanksgiving, landing at an average of $205 for a roundtrip flight for the top 40 domestic routes. Rates for AAA Three Diamond Rated lodgings are expected to remain flat, with travelers spending an average of $155 per night. The average rate for a AAA Two Diamond Rated hotel has risen 4% with an average nightly cost of $123. Daily car rental rates will average $52, 13% lower than last Thanksgiving.
Top Thanksgiving Travel Destinations
This year’s top destinations for Thanksgiving include many popular west coast cities, as well as perennial family-friendly favorites. The most popular destinations this Thanksgiving, based on AAA.com bookings, are:
1. Las Vegas, Nevada
2. San Francisco, California
3. San Diego, California
4. Orlando, Florida
5. New York City, New York
6. New Orleans, Louisiana
7. Anaheim, California
8. Fort Lauderdale, Florida
9. Philadelphia, Pennsylvania
10. Seattle, Washington