Marriott International Inc (MAR), Starwood Hotels & Resorts Worldwide, Inc (HOT): These 3 Stocks Should Benefit From a Growing Travel Market

Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) has its own expansion plans and recently announced that the plan to increase its footprint in Latin America by 50% over the next five years. The company believes that macroeconomic trends will continue to reshape the Latin American travel and business landscape, creating strong growth and lodging demand. The company plans to open an average of seven hotels per year over the next five years. Starwood is currently the largest high end hotel operator in the region.

Wrap up

All three stocks look like good opportunities to take advantage of the upswing in travel. As the stock markets continues to go up, these companies stand to benefit immensely. Out of the three, InterContinental Hotels Group PLC (ADR) (NYSE:IHG) appears to be the strongest investment opportunity. The company trades at a very reasonable P/E, especially given the lofty P/E’s you see in the current market. Additionally, it has the strongest dividend yield at 2.22%. InterContinental also appears to be the best value when looking forward, trading at 17.44 times 2014 earnings estimates. Marriott International Inc (NYSE:MAR) currently trades at 18.22 times 2014 earnings estimates and Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) is currently at 23.7x.

John Timmes has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

The article These 3 Stocks Should Benefit From a Growing Travel Market originally appeared on Fool.com.

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