AAA projects 50.9 million Americans will travel at least 50
miles from home from Nov. 22-26, the highest Thanksgiving holiday travel volume
Compared to last year, 1.6 million more people will travel,
a 3.3% increase.
"A strong economy and labor market are generating
rising incomes and higher consumer confidence, fueling a strong year for the
travel industry, which will continue into the holiday season," said Bill
Sutherland, AAA's senior vice president of travel and publishing.
Eighty-nine percent of travelers -- 45.5 million -- will
travel via road trip, a 3.2% increase from last year. The biggest growth in
Thanksgiving travel is via airplane, with 5% more travelers flying this holiday
weekend than last year at 3.95 million.
According to AAA's Leisure Travel Index, air travelers will
pay the lowest average fare in five years for a roundtrip flight on the top 40
domestic routes -- $157 on average, a 23% year-over-year drop.
Rental car averages have increased 34%, to $70 a day. Car
rental rates have not been that high since 2013. Some hotel prices have also
increased. AAA Three Diamond hotels have increased 14% on average to $176 a
night, but Two Diamond hotels dipped to $117 per night, a 5% decrease.
AAA said the top destinations are Orlando, Anaheim, New York,
Honolulu, Las Vegas, Punta Cana, Cancun, San Francisco, Maui, and Fort
Allianz Global Assistance this week also released its top
destinations for Thanksgiving, after reviewing 4.5 million plans made by
American travelers for Nov. 18-28.
Domestically, the top locations are New York, Atlanta, Los
Angeles, Orlando, Boston, Chicago, San Francisco, Dallas, Washington, D.C., and
Seattle. Internationally, the top spots are Cancun, London, Paris, Puerto
Vallarta, Tokyo, San Jose Del Cabo, Montego Bay, Rome, Nassau (Bahamas) and
New York has been the top domestic location for the past three
years, according to Allianz. Cancun has reigned as the top international
destination from 2015-2017.