The holidays are quickly approaching, which means there is potential for record-breaking travel yet again.

NerdWallet's annual holiday travel report expects Americans to spend $311 billion on flights and hotels this year, totaling $2,586 a person, which is up nearly $260 from last year.

"The longer you wait to book holiday travel, the more expensive it is going to get," said Sally French, who tracks travel for NerdWallet.

"This is really the week that you want to be booking your Thanksgiving travel and we are not far out from the week that you wanna make sure you've got your Christmas locked in," she said.

French advises having Christmas travel booked the first week of November. NerdWallet says at least 51 days out is the best timing for Christmas bookings – which is Nov. 4.

Mean

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