The hotel industry is flourishing thanks to limited supply and high demand, but one analyst thinks online travel is an even better buy because sales are rising at two or three times that of hotels.
According to Jake Fuller, a gaming, lodging, and travel analyst at Lazard Capital Markets, travel is growing at a 5 percent to 7 percent clip, with only a third of travel sales being done online. However, online travel is quickly becoming a bigger part of the travel industry as a whole, especially with room rates continuing to rise, he said.