Netflix adds 5.3M subscribers in Q3 >>> READ MORE

AAA: Christmas Travel Forecast 2013

More people will drive and fewer fly this year


crowdedhighwayMore Americans will be on the move this holiday season compared to last year.

The AAA estimates that between Dec. 21 and Jan. 1, about 94.5 million people will travel 50 miles or more in the U.S. The expected gain of 0.6% over last year comes despite continued economic uncertainty and icy weather across many states. It will mark the fifth straight year that the number of American traveling during the holiday season has increased, NBCNews notes.

Watch the Road – Storm Threatens U.S. Holiday Travelers
Watch the Road – Storm Threatens U.S. Holiday Travelers

According to the AAA, automobiles are the preferred mode of travel for the overwhelming majority of Americans. 91% say they will travel by car this year, up 0.9% from in 2012.

By contrast, the AAA notes that the number of people flying to their holiday destinations will fall 1.4%. Still, 5.5 million people will take to the skies over the holidays.

Predictably, airlines are expected to hike fares to popular destinations like Orlando and New York in time for Christmas travel.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC