Skip to content

Search

Latest Stories

AAA: Nearly 44 million Americans plan to travel this Memorial Day weekend

Drivers to hit record 38.4 million, highest since AAA began tracking in 2000

AAA: Nearly 44 million Americans plan to travel this Memorial Day weekend

APPROXIMATELY 43.8 MILLION Americans will travel 50 miles or more from home, surpassing pre-pandemic figures, according to a forecast by AAA. This represents a 4 percent increase from last year and approaches the 2005 record of 44 million Memorial Day weekend travelers.

A record 38.4 million are expected to drive, marking the highest number since AAA began tracking in 2000.


“We haven’t seen Memorial Day weekend travel numbers like these in almost 20 years,” said Paula Twidale, AAA Travel’s senior vice president. “We’re projecting an additional one million travelers this holiday weekend compared to 2019, which not only means we’re exceeding pre-pandemic levels but also signals a very busy summer travel season ahead.”

The number of drivers this year is up 4 percent compared to last year and 1.9 percent higher than in 2019, the auto club said. Traveling by car is appealing for many people because of the convenience and flexibility it provides.

While gas prices remain stable compared to last year, hovering around $3.57 per gallon, AAA cautioned that they could rise further. Fluctuating oil prices, influenced by geopolitical tensions in the Middle East and Ukraine, could exert pressure on oil markets.

AAA's car rental partner Hertz identified Orlando, Denver, Atlanta, Boston and Las Vegas as the cities experiencing the highest rental demand. The busiest pick-up days are projected to be Thursday, May 23, and Friday, May 24, according to Hertz.

AAA anticipates 3.51 million air travelers this holiday weekend, marking a 4.8 percent increase from last year and a 9 percent surge compared to 2019. This will be the busiest Memorial Day weekend at airports since 2005, when 3.64 million flew for the holiday following the travel industry's post-9/11 rebound. Air ticket prices for Memorial Day weekend are comparable to last year, with AAA booking data indicating a 1 percent to 2 percent increase in prices for domestic flights.

Nearly two million people are expected to travel by other modes of transportation, including buses, cruises, and trains, AAA said. It projects 1.9 million people will take these other modes of transportation, an increase of 5.6 percent compared to last year.

“This category took the biggest hit during the pandemic with fewer people taking public transportation or not cruising at all,” Twidale added. “Now, five years later, we’re back to 2019 numbers. Travel demand has been soaring, and long holiday weekends create the perfect windows for getaways.”

This Memorial Day weekend, travelers are heading to theme parks and entertainment venues in Orlando, New York, Las Vegas and Southern California. Seattle, Anchorage, and Vancouver are popular destinations due to the popularity of Alaska cruises during this season. Additionally, Florida beaches and cruise ports are expected to be bustling.

In December, AAA forecasted approximately 115.2 million travelers would journey 50 miles or more from home during the 10-day year-end holiday travel period. This marked a 2.2 percent increase over the previous year and the second-highest year-end travel forecast since AAA began tracking holiday travel in 2000.

More for you

Olympic Wage ordinance 2028
Photo credit: Unite Here Local 11

Petition fails to stop L.A. hotels wage increase

Summary:

  • Failed petition clears way for Los Angeles “Olympic Wage” to reach $30 by 2028.
  • L.A. Alliance referendum fell 9,000 signatures short.
  • AAHOA calls ruling a setback for hotel owners.

A PETITION FOR a referendum on Los Angeles’s proposed “Olympic Wage” ordinance, requiring a $30 minimum wage for hospitality workers by the 2028 Olympic Games, lacked sufficient signatures, according to the Los Angeles County Registrar. The ordinance will take effect, raising hotel worker wages from the current $22.50 to $25 next year, $27.50 in 2027 and $30 in 2028.

Keep ReadingShow less
Report: Global RevPAR to rise 3–5 percent in 2025

Report: Global RevPAR to rise 3–5 percent in 2025

Summary:

  • Global hotel RevPAR is projected to grow 3 to 5 percent in 2025, JLL reports.
  • Hotel RevPAR rose 4 percent in 2024, with demand at 4.8 billion room nights.
  • London, New York and Tokyo are expected to lead investor interest in 2025.

GLOBAL HOTEL REVPAR is projected to grow 3 to 5 percent in 2025, with investment volume up 15 to 25 percent, driven by loan maturities, deferred capital spending and private equity fund expirations, according to JLL. Leisure travel is expected to decline as consumer savings tighten, while group, corporate and international travel increase, supporting RevPAR growth.

Keep ReadingShow less
Hotel data challenges report highlighting AI and automation opportunities in hospitality

Survey: Data gaps hinder hotel growth

Summary:

  • Fragmented systems, poor integration limit hotels’ data access, according to a survey.
  • Most hotel professionals use data daily but struggle to access it for revenue and operations.
  • AI and automation could provide dynamic pricing, personalization and efficiency.

FRAGMENTED SYSTEMS, INACCURATE information and limited integration remain barriers to hotels seeking better data access to improve guest experiences and revenue, according to a newly released survey. Although most hotel professionals use data daily, the survey found 49 percent struggle to access what they need for revenue and operational decisions.

Keep ReadingShow less
Hyatt Way partnership

Hyatt taps Way for unified guest platform

Summary:

  • Hyatt partners with Way to unify guest experiences on one platform.
  • Members can earn and redeem points on experiences booked through Hyatt websites.
  • Way’s technology supports translation, payments and data insights for Hyatt.

HYATT HOTELS CORP. is working with Austin-based startup Way to consolidate ancillary services, loyalty experiences and on-property programming on one platform across its global portfolio. The collaboration integrates Way’s system into Hyatt.com, the World of Hyatt app, property websites and FIND Experiences to create a centralized booking platform.

Keep ReadingShow less
Report: CMBS delinquency rate hits 7.23 percent in July

Report: CMBS delinquency rate hits 7.23 percent in July

Summary:

  • U.S. CMBS delinquency rate rose 10 bps to 7.23 percent in July.
  • Multifamily was the only property type to increase, reaching 6.15 percent.
  • Office remained above 11 percent, while lodging and retail fell.

THE U.S. COMMERCIAL mortgage-backed securities delinquency rate rose for the fifth consecutive month in July, climbing 10 basis points to 7.23 percent, according to Trepp. The delinquent balance reached $43.3 billion, up from $42.3 billion in June.

Keep ReadingShow less