Is Travel + Leisure (TNL) Undervalued As Sports Illustrated Resorts Expansion Gains Ground?

Travel + Leisure (TNL) has pushed deeper into sports themed hospitality by expanding its Sports Illustrated Resorts partnership with Wyndham Hotels & Resorts to build and scale hotels and mixed use projects across key leisure markets. Recent trading tells a mixed story for Travel + Leisure. The share price has drifted down about 11% over the past three months, yet the 1-year total shareholder return of 11.16% and very large 3-year total shareholder return above 100% point to longer term…Read More