Yep, I value it, I value the hell out of it. It has many short-term and long-term benefits to me.
I very much enjoy the planning phase. Don't have to nail it down to the minute or even that specific but it is very satisfying to thoroughly enjoy various experiences after doing homework and setting up the requisite logistics to do them.
I also enjoy the traveling itself. Well mostly, except for unpacking. But everything else, packing, driving, flying, riding, walking to/fro just to get to and from destinations is cherished. The technology and ability to travel to locations in hours* rather than weeks or months always easily trumps any minor inconveniences of the travel itself.
*-whenever I fly, just after takeoff, I usually lean over to my wife and whisper something like "We're fucking flying! Can you believe it?! We're humans, we're not supposed to be up here, this is awesome!" or "this sure beats walking there".
Then obviously you get to what you were traveling for, be that meeting up with friends and family at a beach house or cabin, enjoying your honeymoon, camping next to a pristine lake, immersing in culture, rocking out at a music festival, cruising the tropics, carousing on a bachelor/ette party, hiking in national parks, celebrating a friend's wedding, whatever the case. To me, the memories you create with loved ones (including yourself) while experiencing something outside your normal day to day life last a lot longer than the duration of the trip and in doing so, keep making that ROI better as time goes on and you reflect on it or get together with people and reminisce. Plus, the more you travel, the more savvy you get and are usually able to get more bang for your buck.
Definitely a topic that is highly subjective and I can envision where others might not like it so much, I probably won't enjoy travel as much when I am older and/or have young children and cannot do all the activities or plan something at the drop of a hat anymore. It can be a financial and time drain, but there have been many trips that I would still consider worth the effort and cost even if the price increased by a factor of 2 or 3.