This Memorial Day holiday weekend will be another busy one for travelers, according to AAA's annual forecast, which predicts almost 43 million Americans will get away for the holiday.

That is 1.5 million more travelers than last year, a 3.6% increase. That volume was only surpassed in 2005, the busiest Memorial Day holiday weekend on record since AAA started tracking it in 2000.

"We're certainly in a fantastic year," said Paula Twidale, vice president of AAA Travel. "Consumer confidence is extremely high. The GDP itself is 2.3% higher than last year. Unemployment is at an all-time low of less than 3.6%. People are spending money, and travel is that certain element that they never want to give up."

Most Memorial Day weekend travelers will take a road trip. According to AAA, 37.6 million will drive to their getaway, 3.5% more than last year. They can expect the greatest amount of congestion on Thursday, May 24, and Friday, May 25, in the late afternoon, according to INRIX in collaboration with AAA.

Another 3.25 million will fly, up 4.8% over last year. The remaining vacationers, 1.9 million, will travel via trains, buses and cruise ships, up 3.8% compared to last year.

Vacationers will see a decline in car rental cost with an average daily rate of $55, according to AAA's Leisure Travel Index, down 7% compared to last year.

Mid-range hotels are about 2-3% cheaper this year. AAA Two and Three Diamond Rated properties will have average nightly rates of $146 and $183, respectively.

Airfares are about on par with last year, with an average roundtrip price of $171.

The top travel destinations based on AAA Travel bookings are, in order, Orlando, New York, Las Vegas, Honolulu, Anaheim, Seattle, Phoenix, Anchorage, Tampa and San Francisco.

Internationally, Rome, London, Dublin and Paris are the top destinations, followed by Vancouver.

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