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11/18/2008
AAA Projects Slight Decline in Thanksgiving Travel for First Time Since 2002
Despite tough economic times, Americans still plan to travel
AAA forecasts a small decline in the number of Americans traveling during the Thanksgiving holiday weekend. Approximately 41 million Americans will travel 50 miles or more from home this Thanksgiving holiday weekend, a decrease of 600,000 travelers (1.4 percent) from last year’s total of 41.6 million. This is the first decline in Thanksgiving holiday travel since 2002 and is the fourth consecutive travel holiday this year with a year-to-year decline in the number of travelers.
“The overall state of the economy continues to present real challenges for some Americans looking to travel this Thanksgiving,” said AAA Washington’s spokesperson, Jennifer Cook. “However, the desire to spend time with family, combined with significantly lower gasoline prices than earlier this year, will provide strong motivation for many Americans to travel this holiday.”
More than 33.2 million Americans (81 percent of all holiday travelers) expect to travel by automobile, a 1.2 percent decrease from the 33.6 million people who drove a year ago.
In Washington, the average price of self-serve regular unleaded gasoline is $2.21 per gallon, $1.04 less than Thanksgiving 2007 and 96 cents less than a month ago. In Idaho, the average price is $2.16 per gallon, 94 cents less than last year and $1.11 less than a month ago. Nationally, the average price has dropped 88 cents in the past month to $2.07 per gallon, $1.03 less than a year ago.
Nearly 4.54 million (11 percent of holiday travelers) plan to travel by airplane, a 7.2 percent decrease from the 4.89 million travelers who flew last year. Approximately 3.26 million Americans (eight percent of holiday travelers) intend to travel by train, bus or other mode of transportation. That is an increase of 5.8 percent (or 180,000 travelers) when compared to the 3.08 million who traveled by a mode other than automobile or airplane last year.
AAA Washington polled its auto travel counselors and travel agents to see where members were traveling this holiday weekend. People hopping into their cars are driving to Southern California, Arizona or staying closer to home with destinations in state. The top destinations for people taking to the air are Southern California, Las Vegas and Hawaii. Members are more conscious than ever about getting a deal on travel and are more likely to be staying with friends or family than a hotel.
According to AAA’s Leisure Travel Index (LTI), which is based on available rates this holiday, Thanksgiving holiday travelers can expect to pay more for airfares and car rentals this year, and less for hotels. Air passengers can expect airfares eight percent higher than last year. AAA advises travelers that many changes have occurred since the last holiday travel season. Most airlines continue to charge fees for checked baggage and other previously complimentary services like beverages and snacks. Travelers should check with the airline or their travel counselor about any additional fees for their trip.
On average, car rental prices are four percent higher than a year ago for the same period. Car rental rates vary from location to location, so some cities in AAA’s LTI show significant increases when compared to last year, while others show significant decreases. AAA’s index for car rentals is based on the average lowest intermediate size car daily rate in 20 U.S. airport locations. The rates do not include sales tax, insurance and other miscellaneous charges.
Thanksgiving travelers across the country, however, will find bargains when looking to book their hotel stay this year. Rates for AAA Three Diamond hotels are down an average of 10 percent compared to last year.
Research for Thanksgiving weekend holiday travel projections are derived from the Travel Industry Association’s (TIA) Holiday Travel Forecast Model. The model was developed based on consumer travel intentions and TIA’s quarterly travel forecast data. The travel intentions data are collected through an online survey of over 2,000 adults nationwide, supplemented by an additional 6,500 Americans surveyed from the top 10 states of origin in the United States. Historical travel volume and other economic data such as GDP, disposable income, employment and travel costs (including fuel prices) are also incorporated into the model. Analysis of the data and the forecasts are produced by the Travel Industry Association, which conducts special research for AAA.
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AAA Washington has been serving members and the traveling public since 1904. The organization provides a variety of exclusive benefits, including roadside assistance, discounts, maps and personalized trip planning, to its 980,000 members. In addition, its full-service travel and insurance agencies provide products and services for members and the public. Additional information is available through the company’s 26 offices in Washington and northern Idaho, at www.AAA.com, or by calling 1-800-562-2582.
FOR IMMEDIATE RELEASE - Contact AAA
Jennifer Cook (425) 646-2055
Dave Overstreet (425) 467-7740
Cassie Devaney (509) 358-6950

