10 Real Estate Stocks To Buy for the Travel Boom

The summer of 2022 was a monumental year for the travel industry. Pent-up demand for domestic and international travel in the wake of COVID-19 led to a travel boom. Bookings for hotels and accommodations, rental cars, and flights surged beyond pre-pandemic levels -- a clear sign travel is back.

Bookings are softening this fall, but the boom is far from over. With the holidays fastly approaching and a very busy time for the travel industry, investors should take advantage of these seven real estate stocks to cash in on the continued travel boom.

5 Stocks Under $49

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We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.

Airbnb (NASDAQ:ABNB) is the largest vacation rental platform in the world, having over four million hosts on the platform and six million active listings. Vacation rentals have become the preferred choice for travel since the pandemic as consumers seek more space, unique accommodations, rural stays, and privacy.

Airbnb's second-quarter 2022 results saw a 24% increase in bookings from pre-pandemic levels and a 25% increase year over year (YOY). The recent tech crash has pushed its share price down 27% over the last year, making it a value buy today.

Expedia Group (NASDAQ:EXPE) is known for its hotel, flight, and car rental booking websites. But Expedia Group is also in the real estate industry thanks to the vacation booking platform VRBO. VRBO is the world's second-largest online vacation rental platform, specializing in whole-home rental listings for longer-term stays.

Expedia's earnings year-to-date 2022 have been outstanding, prompting wall street to raise its target price for the company. Considering the company is still down 30% since last year, today's discounted price is a great time to jump in.

EPR Properties (NYSE:EPR) is a real estate investment trust (REIT) that owns and leases experiential properties like concert venues, hotels and ski resorts, theme parks, movie theatres, and gaming and entertainment restaurants, among others.

A big part of travel is experiencing things. EPR Properties offers investors unique exposure to the booming travel scene. Like others on this list, 2022 has been a fantastic year for the company. Plus, this REIT pays dividends. Its dividend return today is 7.4% -- nearly five times higher than the S&P 500.

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Host Hotels & Resorts (NASDAQ:HST) is the largest hotel and lodging REIT. Specializing in high-end luxury hotels, owning and leasing 78 properties in the United States and five properties internationally. Host Hotels & Resorts has a presence in some of the hottest real estate markets, like Miami, Orlando, Atlanta, New York City, and San Francisco.

Luxury hotels have rebounded over the last year, with their revenues per available room (RevPAR) growing over 100% YOY. Its performance still hasn't reached pre-pandemic levels, but its earnings indicate it's headed in the right direction.

Apple Hospitality REIT (NYSE:APLE), as the name says, is a hospitality REIT. Apple owns and leases over 200 mid-range hotel properties to 15 brand companies. Being in the mid-range of the hotel industry has helped the company recover more quickly than some of its competitors. Its RevPar was up 40% in Q2 2022, and its revenues have grown by over 200% YOY.

Its strong performance as of late has motivated the company to raise its dividend for the first time since cutting it back in 2020. Today, its yield is around 2.5%.

5 Stocks Under $49

Presented by Motley Fool Stock Advisor

We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.

Park Hotels & Resorts (NYSE:PK) is a hotel REIT that leases properties in major metro cities to well-known hotel brands like Hilton Hotels (NYSE:HLT), Marriott International (NASDAQ:MAR), and Hyatt Hotels (NYSE:H).

Its properties serve both leisure travelers and business or group travel, and since it's a REIT that leases to several hotel companies, its tenant diversification reduces investors' risk exposure. REITs are also required to pay dividends; however, pressure from the pandemic caused it to cut its dividend significantly. Today, its yield is around 0.1%.

Gaming and Leisure Properties' (NASDAQ:GLPI) name pretty much gives away what the company does. It owns and leases 57 premier casinos with a diverse mix of hotel lodging, retail shopping, and restaurants in each.

Its tenants include big-name casino operators PENN Entertainment Inc (NASDAQ:PENN) and Bally's Corp (NYSE:BALY), among others, with a large concentration of its properties in the Midwest and Northeast. Its revenues and earnings have improved notably YOY, prompting the company to raise its dividend payouts. Today, its yield is around 5.6%.

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One of the largest hotel operators in the world is Marriot International. The company operates under 30 brands in over 8,000 hotels across 139 countries. Marriot benefits from leasing the majority of its hotel properties from some of the REITs mentioned in this list, giving it a fairly low overhead cost for operation.

Its latest earnings were strong, with RevPar up 70% YOY, and its net operating income almost doubled. Even though it's not a REIT, the company still pays dividends. Although its dividend yield isn't huge, there's room for growth as the travel boom continues.

Hilton Worldwide (NYSE:HLT) is another world-renowned company, this one with over 7,000 hotel properties in 122 countries and territories. The Hilton chain operates under 18 brands, leasing its hotel space from hotel REITs.

Its latest earnings exceeded expectations, prompting the company to raise its guidance for the full year of 2022. Hilton's stock is up close to 2% over the last year, outperforming the S&P 500.

People have to eat when they travel. While eating at local restaurants is a popular choice for many travelers, some look for familiarity. This is perfect for Four Corners Property Trust (NYSE:FCPT), which is a restaurant-focused REIT that leases over 960 properties in 17 states to some of the biggest names in the restaurant industry.

Its tenants include companies like Restaurant Brands International (NYSE:QSR), the parent company of Burger King; Darden Restaurants (NYSE:DRI), the parent company of Olive Garden; Bahama Breeze; Longhorn Steakhouse; and Yum! Brands Inc. (NYSE:YUM), the parent company of Taco Bell.

5 Stocks Under $49

Presented by Motley Fool Stock Advisor

We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.

Recessionary concerns have some investors worried the travel boom will soon go bust. But investors should take a long-term outlook on the travel industry. Travel will always be part of our economy. While some years of growth will be bigger than others, travel real estate will also be necessary. Thankfully, these 10 stocks cover all your real estate travel-related needs and can provide nice growth opportunities.

Liz Brumer-Smith has positions in Airbnb, Inc. The Motley Fool has positions in and recommends Airbnb, Inc. The Motley Fool recommends EPR Properties, Gaming and Leisure Properties, Hyatt Hotels, Marriott International, and Restaurant Brands International Inc. and recommends the following options: long January 2023 $115 calls on Marriott International. The Motley Fool has a disclosure policy.