World and Middle East enterprise and monetary news, Stocks, Currencies, Market Data, Research, Weather and other knowledge. Despite the rocky road ahead, there are causes to imagine that the travel and leisure plays are still worthy bets over the long term. At this juncture, a 2023 recession looks to be factored into valuations for probably the most part. At below $100 per share, I assume the inventory is deeply undervalued when you consider the present catalysts in place. Sure, there’s tons of luggage and a worsening macro climate, but it’s powerful to cross up on the legendary brand while it’s down and out. Whether Iger can repair Chapek’s mismanagement, though, stays to be seen.
- Glassdoor provides you an inside take a glance at what it is like to work at Travel + Leisure Co., together with salaries, reviews, workplace photographs, and extra.
- All of this being stated, I anticipate we