Friday, May 19, 2017

Memorial Day Weekend Predicted to See Record High Number of Vacationers

National holidays, especially those that fall at the beginning or the end of a weekend, tend to lead to travel plans for a lot of Americans. The three- or four-day weekend is the perfect time for many vacationers to spend some time away from home with their family and friends. While holidays like Thanksgiving, Christmas, and New Year's usually lead to a lot of travel plans, many people prefer the shorter weekend trips over Veteran's Day or President's Day. According to Hugo Martin's L.A. Times article, the upcoming Memorial Day weekend is expected to break records in terms of the number of vacationers. 

According to experts, this phenomenon could be due in large part to falling gas prices. As the cost of gasoline goes down, it becomes cheaper to travel, which is encouraging for people who want to go on vacation. It's expected that the prices will stay low at around $3 per gallon, which is the cheapest they've been over Memorial Day weekend since 2009. Partially due to the low gas prices, most of the vacationers are expected to be driving. In fact, statistics show that around 2.52 million will be driving to their destinations, a 2.9% increase from last year.

Similarly, there is expected to be a 3.4% increase in the total number of vacationers, up to 3.03 million Southern Californians, according to the Auto Club of Southern California. This will be the sixth consecutive year where the number of travelers increased, potentially a sign of a strengthening economy, in which consumers feel secure enough to spend money on travel. Some of the top destinations for travelers include San Francisco, San Diego, and Las Vegas, as well as famous landmarks like the Grand Canyon and some national parks.

The biggest increase of all, however, is among the number of Californians choosing airplanes as their mode of transportation. Over this Memorial Day weekend, over 300,000 Californians are expected to fly on commercial airlines, which is a 6.2% increase from last year's numbers. Even with all of the recent issues with airlines, the growing numbers could indicate that people are traveling further, which means that they are taking more time off of work than just the three-day weekend. That could point to growing comfort with the state of the economy or better financial management on the part of consumers looking to go on vacation. 

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