NEW YORK ( TheStreet) -- It's been a tough year for investing in travel stocks despite solid fundamentals in the space. But travel stocks could take flight this holiday season as more people plan to take a vacation or visit family and friends.
Travel is expected to be up 5% this holiday season, according to a survey conducted by TripAdvisor, a travel deals and reviews Web site. Of those surveyed, 46% said they will fly this holiday season, up from 43% last year.
In addition, 2% more people plan to travel for Christmas and 3% more on New Year's Day this year, the TripAdvisor survey said.
New Year's Day is particularly big in Las Vegas, which typically sees a spike in travelers on that holiday, according to ITG Investment Research analyst Matthew Jacob.As more people take to the skies this holiday season, here are some stocks to help you ring in the new year.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts