Sunday, November 29, 2020

Highlights from 2015 Memorial Day Travel Forecast

  • The 2015 Memorial Day forecast is expected to mark the highest travel volume for the holiday in 10 years, since 2005.
  • Most drivers will likely pay the lowest Memorial Day gas prices in at least five years. Today’s national average price for regular unleaded gasoline is $2.66, $1 lower than the average price for Memorial Day last year.
  • The 4.7 percent increase over Memorial Day 2014 is the highest forecast growth rate for any of the holidays tracked by AAA since Independence Day 2012.
  • More than 88 percent of travelers (33 million) will travel by automobile, an increase of 5.3 percent over last Memorial Day.
  • Holiday air travel is expected to increase 2.5 percent to 2.6 million leisure travelers.
  • Travel by other modes of transportation including cruises, trains and buses, is expected to decrease 3.6 percent this Memorial Day, to 1.64 million.
  • Travelers will encounter higher average daily car rental and lodging costs this year, while airfares are slightly lower compared to Memorial Day 2014.

Leave a Reply

Your email address will not be published. Required fields are marked *