Inflation Boosts Travel + Leisure's Quarterly Performance, Says CEO

Reported 2 days ago

Travel + Leisure Co. exceeded Wall Street's expectations in its fourth-quarter results, with CEO Mike Brown attributing much of the company's success to inflation acting as a propellant. He noted that consumer confidence has remained strong, leading to increased vacation spending, as many customers utilize funds paid for ownership in previous years, suggesting a positive outlook for the first half of Q1.

Source: YAHOO

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