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Nashville, TN – Tennesseans are predicted to travel in record numbers for the Memorial Day weekend. According to AAA’s 2023 Memorial Day travel forecast, more than 882,000 tennis fans will travel 50 miles or more. That’s 53,000 more than last year and 13,000 more than in 2019 before the outbreak.
Tennessee travel numbers are set to reach new records in both the overall travel and air travel categories. An estimated 751,000 Tennesseans drive, up 40,500 from last year. Meanwhile, around 96,000 flights are predicted to be available, which is 7,300 more passengers than last year’s holiday.
“Memorial Day weekend is the starting point for what promises to be a very busy summer travel season,” said Debbie Haas, vice president of travel at AAA – The Auto Club Group. “Consumer spending is strong, despite varying levels of inflation, and Americans still want to travel. As a result, we’ve seen demand in Tennessee rebound beyond pre-pandemic levels.
Tennessee holiday travel volumes |
||||
Total |
Car |
Air |
other |
|
2023 |
882,741 |
751,937 |
96,680 |
34,124 |
2022 |
829,440 |
711,383 |
89,317 |
28,740 |
2019 |
869,297 |
757,572 |
81,962 |
29,763 |
Total national travel figures are the third highest for the holiday.
Although state holiday travel figures are set to hit record highs, national travel numbers are still slightly behind pre-pandemic levels. Click here to read the full report.
Total Travelers – AAA projects 42.3 million Americans commute 50 miles or more from home this Memorial Day weekend. This is 2.7 million (+7%) more travelers compared to last year, but fewer people than in 2019 (42.8 million) and 2005 (44 million).
air travel – Despite high ticket prices, demand for flights is increasing. AAA predicts strongest air travel numbers since 2005. About 3.4 million passengers are expected to fly for the holiday weekend. This is 33,700 (11%) more passengers than last year, and 170,000 (5.4%) more than in 2019.
Air tickets – Travelers are paying more for Memorial Day trips this year, largely due to higher airline ticket prices. AAA Reservation Information a 40% increase in airfare To this year’s best destinations.
car journey – Memorial Day road trips are up 6% from last year. An estimated 37.1 million Americans commute by car. That’s 2 million more than last year, but 500,000 less than 2019’s numbers. Driving remains the preferred mode of transportation for 88% of holidaymakers.
Fuel price – Gas prices have dipped in recent weeks, but it’s too early to tell if that downward trend will continue into the summer. However, it’s unlikely any price will come close to the state average, which vacationers paid last year at $4.27 per gallon.
Memorial Day holiday travel time
For the purposes of this forecast, travel times for the Memorial Day holiday are defined as the five-day period from Thursday, May 25 to Monday, May 29. The length of the five-day holiday is consistent with previous holiday seasons.
Best/worst times to travel and peak congestion on the metro
Friday May 26 will be very busy. Day on the roads, according to INRIX, a provider of transportation information and insights. The best time to drive, on a holiday weekend, is in the morning or after 6pm. The lightest traffic days are Saturday and Sunday.
To avoid congestion, INRIX suggests driving during off-peak hours or using alternative routes.
Top destinations
AAA is seeing demand for popular cities, international vacation packages and cruises that offer added value for money.
- Tourist places Like Orlando, New York City and Las Vegas are top domestic destinations, according to AAA booking data for Memorial Day weekend.
- Other famous American cities This Memorial Day includes Denver, Boston, Anaheim and Canton, Ohio – the Pro Football Hall of Fame.
- Domestic cruise booking It’s up 50% from last year. year. Cruise port cities in Florida and Alaska, as well as Seattle, are high on the list. Check out AAA’s 14 Insider Cruise Tips for Your First Voyage.
International travel is hot.
International travel is on the rise this holiday, with a 250% increase compared to 2022. European cities including Rome, Paris, Dublin, London, Barcelona and Athens are very popular. Global car rental to increase by more than 80% by 2022 AAA reported strong sales for international driver’s licenses this year, nearly doubling from last year.
Strong travel demand and pandemic-related controversies have created delays in passport processing, resulting in an unprecedented number of applications for expedited passport and visa services with RushMyPassport. AAA members get a special discount when they use the passport delivery service.
Holiday forecasting method
Travel forecast
In partnership with AAA, S&P Global Market Intelligence has developed a unique method to accurately predict domestic travel volume. Economic variables used to predict current holiday travel are used from S&P Global Market Intelligence’s proprietary database.
These data include macroeconomic drivers such as employment, output, household net worth, asset price stock indexes, interest rates, housing market indicators, and travel and tourism-related variables such as fuel prices, airline travel, and hotel stays. AAA and S&P Global Market Intelligence have calculated holiday travel volumes going back to 2000.
Historical travel volume estimates come from the DK SHIFLET travel performance/controllerSM. PERFORMANCESM It is a comprehensive study measuring the travel behavior of US residents. DK SHIFLET taps more than 50,000 US households each month for detailed travel data, providing unique capabilities to estimate visitor volume and spending, identify trends and predict US travel behavior – all after the trips are made.
The travel forecast is reported in individual trips. Specifically, AAA and SPGMI forecast overall US holiday travel volume and expected travel trends. The travel forecast presented in this report was prepared on April 17, 2023.
About AAA – Car Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America with over 13 million members in 14 US states, the province of Quebec and two US territories.
ACG and its affiliates offer roadside assistance, insurance products, banking and financial services, travel supplies and more. ACG is the national AAA federation with more than 62 million members in the United States and Canada. AAA’s mission is to protect and enhance freedom of movement and improve traffic safety.
For more information, find the AAA mobile app, visit AAA.com and follow us on Facebook, Twitter and LinkedIn.
About S&P Global
S&P Global (NYSE: SPGI ) provides essential intelligence. We empower governments, businesses and individuals with the right data, knowledge and connected technology to make informed decisions. From helping our clients evaluate new investments to leading the transition of energy across ESG and supply chains, we unlock new opportunities, solve challenges and accelerate growth for the world.
We are widely sought after by many of the world’s leading firms to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodities and automotive markets. With each of our sacrifices, we help the world’s leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com.
About DKSA
DK SHIFLET maintains the industry’s most comprehensive database on US resident travel in the US and globally. Data is collected monthly from a representative sample of the US, adding more than 60,000 traveling households annually, and is used daily by travel organizations and their strategic planning teams. DK SHIFLET is an MMGY Global company.
About INRIX
In the year Founded in 2004, INRIX pioneered intelligent mobility solutions by turning big data from connected devices and vehicles into mobility insights. This revolutionary approach has enabled INRIX to become the leading provider of data and analytics on how people move. By empowering cities, businesses and valuable insights, INRIX is helping to make the world smarter, safer and greener. Partners and Solutions Across the entire mobility ecosystem, INRIX is uniquely positioned at the intersection of technology and transportation – whether it’s protecting road users, improving traffic signal timing to reduce traffic delays and greenhouse gases, optimizing last-mile delivery or identifying market insights. Learn more at INRIX.com.a
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