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MEMORIAL DAY TRAVEL

MEMORIAL DAY TRAVEL

Will the economy and rising fuel prices affect your travel plans? Michelle Franzen reports.


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Despite an uncertain economy, Americans are gearing up for a getaway this Memorial Day weekend.

According to AAA, a whopping 84 percent, or more than 32 million, will hit the road.

Not a record, but a one and a half percent boost from last year's drop off due to the recession.

"In terms of the distance traveled over Memorial Day weekend, on average, it will be 620 miles and the money spent for the weekend will be, on average, $1050," said AAA President Bob Darbelnet.

Lower gas prices are helping drive the increase.

Compared to last year, gas is expected to be down about $1.50 a gallon.

A welcome break for die-hard nascar fans at Lowe's Motor Speedway in North Carolina, who come from all over the country.

"Thank god the price of fuel is down from a year ago and that's making it a lot easier," said Bill McBean of Corpus Christi, Texas.

Others save for this annual tradition, no matter what.

"You gotta look a year ahead and give you a little time to save your money," said Darrell Wells of Charleston, West Virginia.

Once at the track, fans will get a break on everything from tickets to lodging and food.

"We've got a ninety-nine cent value menu at selected concession stands as part of our race weekends." said Scott Cooper of Lowe’s Motor Speedway.

4.4 million will fly this holiday weekend, that’s up one percent from last year.

Hotel prices around the country will average 12 percent less than last year.

Rental car rates are also down.

And the average airfare this weekend is down as much as 15 percent.

Travel analysts say Memorial Day weekend may be the bright spot when it comes to travel.

Overall summer travel is expected to be slightly off compared to last year.

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