Car travel expected to set a new record despite historically high gas prices
DEARBORN, Mich. (June 22, 2022) – Independence Day will be the second busiest since 2000, as travel volumes continue to trend upwards with no sign of slowing down. AAA predicts that close to 1.7 million Michiganders will travel 50 miles or more during the holiday weekend (June 30 – July 4). That’s 10% more than last year’s holiday, and slightly more than what was seen in 2019.
“The volume of travelers expected over Independence Day is a definite sign that summer travel is kicking into high gear,” said Debbie Haas, Vice President of Travel for AAA – The Auto Club Group. “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.”
While all modes of transportation are forecast to be stronger than last year, the biggest surprise is auto travel. Despite record high gas prices, AAA forecasts 1.5 million Michiganders will take a holiday road trip – the most on record, dating back to 2001.
Although air travel is forecast to be 0.77% weaker than last year, domestic traveler volumes are expected to remain well below pre-pandemic levels. Recent issues with air travel and ongoing concerns of cancelations and delays are likely the catalyst.
Nationwide, travel volumes follow similar trends. AAA forecasts 47.9 million people will travel 50 miles or more from home over the holiday weekend. This is an increase of 3.7% over 2021, bringing travel volumes just shy of those seen in 2019. Nationally, auto travel is also forecast to set new records.
Travel Prices are Higher than Last Year
• Air—AAA finds that the average lowest airfare is 14% more than last year coming in at $201/ticket.
• Hotels—Mid-range hotel rates are about 23% more than last year, with the average lowest nightly rates coming in at $244/night for AAA Approved Hotels.
• Gas Prices—Independence Day gas prices are forecast to be the most expensive for the holiday in history. Pump prices are 63% more expensive than a year ago. On Tuesday, the state average was $5.16 compared to $3.14 on July 4th in 2021.
• Car Rentals— Since last year, the average daily rate for car rentals have continued to increase. With more people traveling, these prices remain on the rise due to continued supply chain issues coupled with growing demand. While daily car rental rates have decreased 34% compared to last year, with the average lowest rate coming in at $110/day, rates are $40 more/day on average than in 2019.
This Summer, Travel Stress-Free
With crowded roads and busy airports, it is important travelers are prepared and flexible to minimize stress and enjoy the holiday. AAA advises:
• Have a plan A, B and C. Flights, car rentals, accommodations, tours, cruises and other activities are in high demand and availability may be limited, which will impact pricing. Finding last-minute deals is unlikely so it’s recommended to look for discounts and rewards, usually available through a membership like AAA. This is also another time when travel agents are a great resource since they may know of a deal that may not be readily available to the public.
• B-E-T on a breakdown-free trip. AAA expects to respond to over 446,000 calls for roadside assistance over the Independence Day holiday weekend. Make sure to get a full vehicle inspection ahead of any long trip but especially for components like a vehicle’s battery, engine and tires. Heat drains car batteries, so summer is a time of unexpected dead batteries. Even a vehicle in top shape can run into an issue so it’s a good idea to pack a well-stocked emergency kit and have roadside assistance just in case.
• Avoid the rush. Travel on off-peak times or days or pick a hidden gem closer to home. Based on AAA booking data, Friday, July 1 is shaping up to be the busiest day for air travel during the holiday weekend (June 30 – July 4) with Monday, July 4 being the lightest. For those hitting the road, the Thursday and Friday before the holiday are anticipated to be peak traffic days. If you’re flying, plan to arrive several hours early at the airport.
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.”
Remember – Be Kind and Patient
For those traveling over the 4th, it’s important to keep safety in mind for yourself and others. It’s easy to lose patience but remember, everyone has a common goal – kicking off their summer vacation safely.
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