33.9 million travelers are expected to hit the road over Memorial Day weekend—the most since 2005 and the second-highest total on record.
According to the AAA Memorial Day Travel Forecast, summertime gas prices are the cheapest they’ve been in 11 years, which is helping boost auto travel over the holiday. Gas prices averaged $2.10 in April. On May 19, the cost of fuel was 45 cents per gallon lower than the price a year ago.
AAA estimates that Americans have saved more than $15 billion on gas so far this year compared to the same period in 2015. The strong labor market and rising personal income are also motivating people to travel for Memorial Day this year.
2.58 million people are expected to fly to their holiday destinations, marking the third straight year of rising air travel and the highest volume in five years.
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