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Archive for 8. September 2009Late Labor Day to Reduce Number of Vacations, AAA says8. September 2009 by admin.
Last year, 45.1 million Americans traveled during the Labor Day holiday weekend period; the most this decade. Despite this year’s sizeable projected decline of 6 million travelers, AAA said it expects more Americans to travel this holiday than were projected to travel over this year’s 4th of July holiday weekend. AAA projected 37.1 million Americans would travel during the Independence Day holiday; typically the busiest automobile travel holiday of the year. This will also be the third strongest weekend for Labor Day travel this decade. The second busiest year was 2003 when 41.6 million Americans took a Labor Day weekend trip. (For purposes of this forecast the Labor Day holiday travel period is defined as trips that include travel of 50 miles or more from home in one direction during the period from Thursday, September 3 to Monday September 7.)
Last Labor Day weekend the nationwide average price of self-serve, regular gasoline dropped to $3.68 per gallon after peaking at an all-time record of $4.11 per gallon on July 17, AAA said. This combined with the earliness of the holiday and the emergence of end of summer discounts on traveler, caused large numbers of travelers to make a last minute decision to take a holiday trip. This year, AAA expects the nationwide average price of self-serve, regular gasoline to be approximately one dollar per gallon less expensive than it was one year ago; or about $2.60 per gallon. Continued discounts and deals offered by travel providers will also make Labor Day vacations attractive, AAA said.
Labor Day travelers will journey an average of 645 miles roundtrip this upcoming holiday weekend. More than one third (37 percent) of travelers will stay relatively close to home, with expected round trips of 250 miles or less. Slightly more than one third (34 percent) of weekend travelers will log between 251 and 700 miles. And 28 percent will travel over 700 miles round trip. Travelers expect to spend approximately $968 per household this upcoming holiday weekend. Transportation and accommodations will account for 47 percent of trip spending, while food and beverage will absorb another 22 percent of the holiday budget. Shopping, entertainment and recreation will account for 27 percent of spending on average. “Other” spending is four percent. Posted in Uncategorized | No Comments »
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