Most Americans in 12 years to travel for Thanksgiving, AAA says
U.S. Thanksgiving travel will jump to the highest level since 2005 boosted by a stronger economy, even as gasoline prices will be higher than a year earlier.
While retail gasoline prices were 19 percent above a year ago as of Wednesday, AAA expects prices to fall as the holiday approaches. Still, AAA forecasts most Americans will pay the highest prices for gasoline this Thanksgiving since 2014. The November average through Wednesday was $2.54, up 35 cents from the same period in 2016, according to AAA data.
The average airfare for a a round-trip flight on the top 40 domestic routes will be $157, 23 percent below a year earlier and the lowest in five years. The average daily hotel rate at AAA Three Diamond-rated hotels will jump 14 percent to $176.