FORT MYERS — As people head to visit friends and family this holiday week, the American Automobile Association is expecting an uptick in travel.
AAA anticipates more than 54 million people will travel 50 miles or more away from home for Thanksgiving. This year would be the first time in more than 12 years that so many people booked out-of-town plans for Thanksgiving.
Thanks to the boost in the economy, people have a surplus of discretionary income to spend on trips. “People have more disposable income than they did last year,” said Christopher Westley, professor of economics at FGCU.
The tax laws that went into effect in January may have given some people a financial boost. According to the Tax Policy Center, middle-class workers were expected to save, on average, between $900 to $1800 a year.
“Consumers have a lot to be thankful for this holiday season: higher wages, more disposable income and rising levels of household wealth,” AAA Travel senior vice president, Bill Sutherland said in a statement.
“This is translating into more travelers kicking off the holiday season with a Thanksgiving getaway, building on a positive year for the travel industry.”