ETFs & Stocks To Gain On Record Thanksgiving Travel
Zacks Investment Research | Nov 21, 2017 10:51PM ET
A higher number of Americans are gearing up for Thanksgiving travel by road or air this time encouraged by a healthier economy, rising income, higher consumer confidence and cheap fuel. The frenzy for trips during the Thanksgiving weekend is far more than the other years. Orlando, FL is expected to be the top destination, followed by Anaheim, CA and New York City, NY.
According to travel service provider American Automobile Association (AAA), Thanksgiving holiday travel is expected to hit levels not seen in 12 years. As many as 50.9 million Americans will travel this Thanksgiving holiday period (Nov 22-Nov 26), up 3.3% from last year. Of them, 45.5 million will go on a road trip with a 3.2% rise in automobile travel, 3.95 million will fly, and the rest will travel by trains and other modes (including buses and cruises) (read: Original post
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