Travel for the July 4th holiday weekend is expected to reach levels not seen since before the Covid-19 pandemic, as millions of Americans take bucket list trips or reunite with family and friends after more than a year of lockdown and distancing.
With 46% of Americans fully vaccinated, according to the U.S. Centers for Disease Control and Prevention, and the lifting of mandatory masks in theme parks and cities nationwide, the travel industry expects a frenzy of ‘here Labor Day weekend.
The AAA predicts that some 47 million people are expected to travel July 1-5. This weekend is expected to have the highest volume of car trips on record, surpassing 2019 levels.
Pent-up demand from travelers has caused shortages and price spikes. Daily rental car rates are currently $ 166, an increase of about 140% from 2019 prices, according to the automobile association. Some will be out of luck due to an increase in demand for road trips that has continued over the past year and chip shortages causing supply problems at car rental companies.
Gas prices are expected to increase by $ 3 per gallon on average, the most expensive since 2014, according to AAA. Prices have skyrocketed due to the recovery in the oil industry and increased consumer demand.