North America Vacation Real Estate News
North America Vacation
113 Million People Traveling in the U.S. During the 2022 Holiday Season
According to AAA estimates 112.7 million people will journey 50 miles or more away from home from December 23 to January 2 in the United States. That's an increase of 3.6 million people over last year and closing in on pre-pandemic numbers. 2022 is expected to be the third busiest year for holiday travel since AAA began tracking in 2000.
Almost 55 Million People to Travel This Thanksgiving Holiday in America
Based on new AAA predictions, 54.6 million people will travel 50 miles or more from home this Thanksgiving holiday in America. That's a 1.5% increase over 2021 and 98% of pre-pandemic volumes. This year is projected to be the third busiest for Thanksgiving travel since AAA started tracking in 2000.
Demand for Second Vacation Homes in the U.S. Decline
According to CoreLogic's principal economist Archana Pradhan, demand for second homes in the U.S. surged after the onset of the COVID-19 pandemic, nearly doubling the pre-pandemic demand level in late 2020.
47.9 Million Americans Will Travel This July 4th Weekend
This week AAA predicts 47.9 million people will travel 50 miles or more from home over the July 4th holiday weekend (June 30 - July 4). This is an increase of 3.7% over 2021, bringing travel volumes just shy of those seen in 2019.
