Travel+Leisure Co (LTS:0M1K)
$ 58.15 (0%) Market Cap: 4.50 Bil Enterprise Value: 9.93 Bil PE Ratio: 20.63 PB Ratio: 0 GF Score: 82/100

Travel + Leisure Co at Morgan Stanley Global Consumer & Retail Conference Transcript

Dec 02, 2025 / 01:00PM GMT
Release Date Price: $58.15
Stephen Grambling
Morgan Stanley - Moderator

I think they're just kicking it right off. And what a better way to kick off our Global Retail and Consumer conference on Travel, Tuesday then with Travel + Leisure. So Michael, Erik, thank you for joining us. We're talking this morning about how Travel and Leisure is actually one of the best-performing stocks in my entire coverage, you've almost doubled the performance of the S&P 500 year-to-date that is excluding a very healthy dividend. And it's also a big economy versus even some of your closest peers.

So excited to dig into how you're doing that, how you continue to drive idiosyncratic growth. One of the things that you talked about are your three priorities -- so maybe we can start there in terms of what those priorities are and why they are the right priorities for the company today and how they're going to continue to drive growth.

Michael Brown;Leisure Co;President
Travel;Chief Executive Officer, Director

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Sure. Well, why don't we start with one of

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