AAA Forecasts Increase in July 4th Travel, Good for Luxury Vacation Rentals
June 27, 2007. AAA projects a record 41.1 million people will travel next week for the Fourth of July, and increase from 40.8 million people last year. These optimistic projections come despite the holiday falling on a Wednesday, and amidst leveling gas prices. In fact, AAA's survey found that many people might be taking extra days off work because the holiday falls in the middle of the workweek.
Other highlights from the latest AAA Leisure Travel Index:
* Gas prices are down 23 cents from one month ago, but averaging about 14 cents higher than the same time last year.
* Hotel rates for properties rated AAA Three Diamond and higher are up about 5% this year
* Airfares are down 12%.
* Car rental rates will be up 3%.
Celebrations are planned throughout the country. Current drought conditions in some parts of the country, such as Georgia have shelved fireworks plans .
