Travel Stocks Set to Go

These four companies are poised for growth as most segments of the travel industry get off the ground.

The nation’s long staycation is over. Business travelers and families are grabbing their suitcases as the economy recovers. The rush will buoy the hard-hit travel industry.

More than half of corporate-travel managers expect their total travel spending to increase in 2010, according to a survey by the National Business Travel Association. An airline industry trade group, the International Air Transport Association, recently raised its forecast for 2010 passenger traffic growth from 4.5% to 5.6%. That compares with a 2.9% drop in 2009. And the Cruise Lines Industry Association estimates a rise of nearly 7% in passenger traffic for 2010.

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Contributing Editor, Kiplinger's Personal Finance