Summer travel costs sizzle to record highs

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The cost of a summer road trip is rising alongside consumer worries about high car insurance premiums, hotel rates and gas prices, according to recent reports.

Evening rush hour traffic fills Highway 50, Jan. 26, 2017, in Sacramento, Calif. Traffic fatalities declined about 3% in the first quarter, according to preliminary data from the National Highway Traffic Safety Administration released Monday, June 24, 2024. (AP Photo/Rich …

Leisure demand has rebounded from COVID-19 travel restrictions faster than the workforce needed to serve it, said Marc Scribner, a senior transportation policy analyst at the libertarian Reason Foundation. On Sunday, the Transportation Security Administration said it screened more than 3 million travelers through U.S. airport security for the first time in a single day. That passed the previous one-day record of 2.99 million passengers on June 23.

She noted that air carriers are offering 1,400 more flights this summer to accommodate a 6.3% increase in U.S. airline travel from last year.

 

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