it would appear so!
But while I don't keep track of new cameras much anymore, my impression is that there are numerous really good waterproof/shockproof ones out there by numerous companies, lots more than just a few years ago.
They would certainly make a great travel camera--in the past they used to have limited zoom capabilities because of the flat front and non extending lens, but perhaps that has changed for the better. Cost of course might be more, but worth it for them not getting sand problems or whatever over time.