Fireworks go off above the Lincoln Memorial, the Washington Monument and the US Capitol during an Independence Day fireworks display in Washington D.C., United States on July 4, 2023. (Photo by Mehmet Eser/Anadolu Agency via Getty Images)
WASHINGTON – More than 1.8 million Washington-metro area residents are projected to travel 50 miles or more over the Independence Day holiday weekend, according to AAA.
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This marks a 6% increase compared to last year and over 5% more than in 2019.
“With school out across the country, summer vacations are in full swing, and the 4th of July holiday seems like the perfect time for a getaway,” said Ragina Cooper Ali, spokeswoman for AAA in Maryland and Washington, D.C.
FILE-Travelers search for their suitcases in a baggage holding area for Southwest Airlines at Denver International Airport on December 28, 2022 in Denver, Colorado. (Photo by Michael Ciaglo/Getty Images)
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“We are seeing that a residual impact of COVID has been greater work flexibility, affording many the opportunity to work remotely and extend weekend and holiday trips,” Ali added.
AAA estimates that more than 1.6 million metro-area residents—nearly 90% of travelers—will drive during the holiday week. This is an increase of nearly 6% compared to both last year and 2019. “Nationally, gas prices are trending about 11 cents lower than last year. Here, in the D.C. metro area, Tuesday’s average of $3.49 is a penny less than a year ago,” noted Ali. She added that while pump prices are expected to remain stable until after Labor Day, the hurricane season could potentially impact Gulf Coast oil production and refining centers, leading to fluctuations.
Air travel is also anticipated to be strong, with AAA projecting more than 129,000 D.C. area travelers flying to their July 4th destinations. This is nearly 7% higher than last year and more than a 12% increase compared to 2019. AAA’s booking data shows domestic airfare is 2% cheaper this Independence Day week compared to last year, with the average price for a domestic round-trip ticket at $800. Ali recommends travelers arrive at airports two hours early, reserve parking in advance, and opt for carry-on luggage to save time and money.
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The CEO of Boeing surprised lawmakers when he told them his company has not taken any new orders in two months. The airplane maker is also struggling to fill current orders. That puts more pressure on its customers, including Dallas-based Southwest Airlines.
The “other” travel category, which includes buses, trains, and cruises, is also seeing a rebound, with over 79,000 District travelers expected to take these modes of transportation. This represents an increase of nearly 12% compared to last year, although it is still down more than 8% from pre-pandemic levels in 2019. “Baltimore and other hometown ports remain popular and convenient for many in our region,” stated Ali. She also noted that cruise travelers can find deals this summer as new ships entering the market lead to targeted discounts on older inventory.
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Nationally, a record 71 million people are predicted to travel for the holiday this year, with more than 60 million hitting the roads. Air travel is also expected to set a record with nearly six million travelers, reflecting a 7% increase from last year and more than a 12% rise compared to pre-pandemic days in 2019.
The memorial service will be held at the National Law Enforcement Officers Memorial at 1 p.m.
A brave K-9 hero from the region will be honored at the Annual National Police K9 Memorial Service on Monday afternoon. (Roanoke Police Department)
WASHINGTON D.C. – A brave K-9 hero from the region will be honored at the Annual National Police K9 Memorial Service on Monday afternoon.
K-9 Knox died in the line of duty last year after he was accidentally hit by a police vehicle while pursuing a suspect involved in a stolen vehicle incident. He was a 3-year-old German shepherd and had served as a narcotics detection and patrol apprehension K-9 for the Roanoke Police Department since May 2023.
The memorial service will include a wreath-laying ceremony and will be held at the National Law Enforcement Officers Memorial in Washington, D.C., at 1 p.m. The event will open with a musical performance by Frank Ray, and the guest speaker will be Deputy Jared Hahn of the Miami-Dade Sheriff’s Office K-9 Unit.
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The San Antonio Police Department Blue Line Choir will sing the national anthem, and the Emerald Society Pipes & Drums band will also perform.
Showers continue to move west with a cold front tonight. There will be a break in the rain overnight, but showers return for the start of the day on Monday. Monday afternoon will be dry, but noticeably cooler.
Sunshine returns Tuesday, but the break in the rain will be short-lived with rain chances on Wednesday
Download the NBC Washington app on iOS and Android to check the weather radar on the go.
QuickCast
TONIGHT: Showers early Mostly cloudy Wind: N 5-10 mph LOW: Low 50s
BXP (NYSE:BXP) is relocating its regional headquarters to make room for major tenant the Washington Commanders in Foggy Bottom.
The company is moving into a newly renovated downtown Washington, DC office building as part of this shift.
The relocation aligns with recent leasing activity and capital deployment in the DC market.
For investors watching NYSE:BXP, this move ties directly to how the company is using its portfolio to support active leasing and tenant relationships. The stock last closed at $59.46, with a 15.0% return over the past 30 days and a 1.7% return over the past week, while the return over the past 5 years is a 27.4% decline. These mixed signals highlight why operational updates like this relocation can matter alongside price performance.
The decision to prioritize space for an NFL franchise tenant and occupy a freshly renovated downtown asset provides additional context on how BXP is positioning its DC footprint. As more details emerge on leasing terms, occupancy, and future capital plans around these properties, investors can use this event as another data point when assessing how the company is managing growth and risk in a key office market.
Stay updated on the most important news stories for BXP by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on BXP.
NYSE:BXP Earnings & Revenue Growth as at May 2026
3 things going right for BXP that this headline doesn’t cover.
This headquarters move sits at the intersection of BXP’s tenant strategy and its capital deployment in Washington, DC. By giving the Washington Commanders a larger footprint in Foggy Bottom and shifting its own team into a recently refurbished, US$25 million downtown building, BXP is effectively using its portfolio as a tool to secure and retain high profile tenants. That matters for a company whose first quarter 2026 revenue of US$872.15 million and net income of US$101.58 million depend heavily on occupancy and long term leases. It also aligns with management’s comments about portfolio performance contributing to an increased full year 2026 EPS guidance range of US$2.15 to US$2.29 per diluted share, where gains on sales and operating trends both play a role.
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How This Fits Into The BXP Narrative
The relocation supports the narrative catalyst around a flight to quality, as BXP is concentrating activity in well located, premier DC assets that can appeal to blue chip tenants such as the Commanders.
At the same time, shifting internal space and accommodating a large tenant concentrates exposure in a single market and property cluster, which could challenge assumptions about diversification and leasing flexibility if demand softens.
This news adds detail on how BXP is using headquarters space as part of broader leasing negotiations, a nuance that may not be fully reflected in narrative discussions focused on development projects and capital recycling.
Knowing what a company is worth starts with understanding its story.
Check out one of the top narratives in the Simply Wall St Community for BXP to help decide what it’s worth to you.
The Risks and Rewards Investors Should Consider
⚠️ Higher tenant concentration in a single NFL franchise could increase earnings sensitivity to one lease, especially if sector headwinds or usage changes affect long term space needs.
⚠️ The move comes against a backdrop where analysts have flagged occupancy pressure and interest coverage as key risks, so additional capital tied to renovations and relocations may constrain flexibility if conditions tighten.
🎁 Hosting the Commanders in Foggy Bottom may support occupancy and brand appeal across nearby properties, which can help leasing in a competitive office market.
🎁 Moving into a newly renovated downtown office can signal confidence in DC as a core market and help BXP’s own staff operate closer to tenants and development activity.
What To Watch Going Forward
From here, keep an eye on leasing metrics and disclosed terms around the Commanders’ space, including remaining lease length, rent levels, and any associated capital commitments. It is also worth watching how occupancy and cash flow from the renovated downtown building show up in future quarterly results, alongside the company’s EPS guidance for 2026 of US$2.15 to US$2.29 per diluted share. Any commentary on additional relocations, asset sales, or redevelopment plans in DC will help you judge whether this move is part of a broader repositioning of the portfolio or a one off response to a single tenant opportunity.
To ensure you’re always in the loop on how the latest news impacts the investment narrative for BXP, head to the
community page for BXP to never miss an update on the top community narratives.
This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.
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