About 42 million consumers are expected to hit the road over Independence Day weekend even with high prices at the gas pump. In 2021, 41.8 million people opted to drive.
The lowest airfare for the holiday weekend is $201 on average per ticket. That is already 14% higher than 2021, according to AAA data.
Meanwhile, the rates for mid-range hotels increased by about 23%. The average lowest nightly rates for AAA Approved Hotels over the weekend cost $244 per night. "With more people traveling, these prices remain on the rise due to continued supply chain issues coupled with growing demand," AAA reported.
Even though rates are 34% lower than last year, the average lowest rate is still $110 per day, which is $40 more per day on average than in 2019, according to AAA. With so many people hitting the road, INRIX transportation analyst Bob Pishue projected that travel times nationwide could increase 50% compared to normal times. He also noted that drivers around major metro areas should "be prepared for significantly more delays.
In fact, AAA said drivers in major U.S. metros could experience double the travel times compared to normal times.
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