Busy, Costly Travel Day Expected

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CLEVELAND, Ohio – While the number of Thanksgiving holiday travelers is expected to be on the rise this year, there is little guessing on whether or not the cost of holiday travel is up, especially by plane.

The cost of airfare and hotels have both gone up this week in advance of one of the busiest travel weekends of the year, according to a report by TravelClick Inc., a company which analyzes e-commerce products and services to the hotel industry, and Orbitz.com.

Reports by the LA Times and the Chicago Tribune say that flights to New York for the holiday saw the biggest price jump, up 20 percent over last year. While a round trip ticket to Los Angeles on Orbitz.com rose around 12 percent compared to 2010.

And once you arrive by plane, you’ll be forking over a bit more for a hotel stay. Single night stays jumped nearly 5 percent, according to the reports, at the 25 largest cities in America. A night’s stay costs on average $126.35.

New York has the highest average hotel rates at $205.99 per night.

According to AAA 38.2 million American will be hitting the roadways this Thanksgiving weekend, which appears to be the most cost effective way to travel this year.

Ohio gas prices are 14 cents lower this week than last, AAA says. But gas prices are still significantly higher, about $3.23 a gallon, than they were last year over the holiday weekend when a gallon of regular gas cost $2.81.

AAA estimates 90 percent of holiday travelers will be driving.