The auto club predicted Wednesday that 31.5 million Americans will travel at least 50 miles from home between Thursday, Sept. 1, and the holiday on Monday, Sept. 5, a decrease of 2.4 percent.
Most will travel by vehicle, but 8 percent will fly. AAA said air travel will decline because fares are 13 percent higher than a year ago. Airlines raised prices early this year to offset jet fuel costs and have held prices steady even as fuel has fallen since April.
Other numbers:
-- Rates at mid-quality hotels are expected to be 6 percent higher than a year ago, costing travelers about $148 per night.
-- Weekend daily car rental rates are expected to be 7 percent lower than last Labor Day.
AAA based its forecast on research by Boston-based IHS Global Insight.
No comments:
Post a Comment