Wednesday, December 21st, 2011 at 10:23 am in holiday travel.
More Californians are traveling for the Christmas and New Year’s holidays than last year, AAA reports. It is the second consecutive major holiday that travel is up, reversing a trend of reduced travel during a slow economy.
Holiday travel trends are closely related to the economy. With 4.1 percent more Californians traveling this holiday, we can speculate the decline in the unemployment rate has some people feeling a little better about the economy. But consumers also are watching their spending carefully. Airline travel is down 10 percent for the Christmas/New Year’s holiday, and that is likely related to significant increases in costs for airline tickets in the last year. Driving trips are up 2.5 percent this year
Conclusion: people are being selective about how they travel.