Industry groups project more travelers for Memorial Day, summer despite fuel costs

Despite a recent spike in gas prices, more Americans are planning to travel over Memorial Day weekend and in the summer months that follow, according to two prominent travel industry organizations.

More than 41.5 million Americans will travel at least 50 miles from home this weekend, up 4.8 percent from last year, according to a projection from the auto club AAA.

At the same time, Airlines for America, an airline industry group, is projecting travel with U.S. carriers will increase 3.7 percent from June to August over the same period a year ago.

Gas prices on the Missouri side of the St. Louis area averaged about $2.80 on Wednesday, according to AAA. That’s up about 25 cents in the last month and 67 cents over the price at this time last year. But a strong economy will outweigh more expensive fuel prices in motivating Memorial Day travel, according to a AAA spokesman.

Read more: St. Louis Post-Dispatch

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