AAA: More than 103 million Americans will travel this holiday season; the most on record

MILWAUKEE (AP) — More than 103 million Americans—the most on record—are expected to travel for the year-end holidays, according to AAA.

According to a press release, this represents a 1.5 percent increase, or 1.5 million more people traveling, compared with last year. This comes despite one fewer travel day this holiday season.

The year-end holiday travel period is defined as Friday, December 23rd to Monday, January 2nd, 2017.

The increase in holiday travel this year is being driven by additional consumer spending, a result of improvements in the labor market and rising wages.

Additionally, low gas prices and increased consumer optimism will prompt more Americans than ever to set out on road trips, take to the skies, or board trains, buses and cruise ships to celebrate the holidays.