Vacation Real Estate News
47.9 Million Americans Will Travel This July 4th Weekend
Car travel expected to set a new record despite the historically high gas prices
This week AAA predicts 47.9 million people will travel 50 miles or more from home over the July 4th holiday weekend (June 30 - July 4). This is an increase of 3.7% over 2021, bringing travel volumes just shy of those seen in 2019. The biggest surprise - car travel - will set a new record despite historically high gas prices with 42 million people hitting the road.
"The volume of travelers we expect to see over Independence Day is a definite sign that summer travel is kicking into high gear," said Paula Twidale, senior vice president, AAA Travel. "Earlier this year, we started seeing the demand for travel increase and it's not tapering off. People are ready for a break and despite things costing more, they are finding ways to still take that much needed vacation."
Car travel volume, even with national average gas prices going over the $5 mark, will break previous records as 42 million opt to drive this Independence Day. Recent issues with air travel and ongoing concerns of cancellations and delays may be driving this increase. In fact, the share of people traveling by air will be the lowest since 2011.
Road Trips are King this Independence Day
Drivers should expect the longest travel delays heading into the holiday weekend, particularly during the afternoons on Thursday, June 30 and Friday, July 1 as commuters leave work early and mix with holiday travelers. Drivers in major U.S. metros could experience double the travel times compared to a normal trip.
"Even with gas hitting record prices, travelers are still eager to hit the road this summer. We expect nationwide travel times to increase about 50% compared to normal. Drivers around major metro areas must be prepared for significantly more delays," says Bob Pishue, Transportation Analyst, INRIX. "Knowing when and where congestion will build can help drivers avoid the stress of sitting in traffic. Our advice is to avoid traveling on Thursday and Friday afternoon."
