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08/31/2012 06:17 AM

Labor day travel expected to be up despite gas prices

By: Web Staff

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NATIONWIDE -- Even with the recent spike in the gas prices, millions across the U.S. are expected to travel this weekend.

AAA said holiday travel is expected to increase by almost three percent this year compared to last year. The agency estimates the majority of people will be traveling by car, but air travel is also expected to increase compared to last year.

Some said its because people have been cutting costs in other places, and they've saved up for that much-deserved vacation.

"Possibly the perspective that some people have that the economy is getting better. A lot of people didn't take vacations the past few years because of cost. They do see hotel prices creeping up a little bit and oil prices. But the largest factor is its the end of summer and they want a vacation," said Richard Jacobs, AAA Southern New York President.

AAA said about 33 million Americans will travel at least 50 miles from home.