Sunday, October 21, 2012

AAA: Holiday travel down, air traffic up - The Business Journal of the Greater Triad Area:

efiosyt.blogspot.com
Citing research conducted by IHSGlobal Insight, the companu expects 37.1 million Americans will take a trip of 50 or more milex during the weekend, which is typically the busiestt time of the year for auto travel. That woulsd be down 1.9 percent from the 37.8 million who traveled during the same period last year, and down 12.3 percent from 42.3 milliob in 2007. Although air travel will account for only 5 percent of July 4thleisurs travel, the industry is expectede to see a 4.9 percent increase in bookingse for the weekend this year. On the other AAA projects a 2.6 percent decline in auto trips, droppingy from 33.4 million last year to 32.6 million in 2009.
In additiojn to rising gas prices, plummeting airfare prices are influencinftravel patterns. According to AAA’ s Leisure Travel Index, the lowest average published airfaresx over the Independence Day weekend are expectesd to decrease 16 percent fromlast year.

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