Travel + Leisure Co
NYSE:TNL

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Travel + Leisure Co
NYSE:TNL
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Price: 75.25 USD 2.77% Market Closed
Market Cap: 4.8B USD

Travel + Leisure Co
Investor Relations

Travel + Leisure Co. operates at the intersection of wanderlust and strategic enterprise, guiding vacationers to unforgettable experiences while maintaining a robust business model. Emerging from the legacy of Wyndham Destinations, Travel + Leisure Co. has carved a niche in the burgeoning travel industry with an impressive portfolio of vacation ownership resorts, exchange networks, and comprehensive travel services. The company primarily capitalizes on the appeal of timeshares, offering travelers the flexibility and assurance of vacation ownership. By transforming the notion of timeshares into a vibrant lifestyle choice, Travel + Leisure Co. has effectively embraced a model where they not only sell timeshare interests but also gain recurring revenue through maintenance fees and management services. This balance of one-time sales and continuous income streams forms the financial backbone of the company.

In addition to its timeshare business, Travel + Leisure Co. leverages its brand strength in the travel publishing sector, enhancing the consumer travel experience through engaging content and curated travel solutions. Their strategic acquisition of the Travel + Leisure magazine extends the brand’s influence by tapping into the magazine’s rich trove of travel expertise and consumer following. This enhances cross-marketing opportunities and strengthens their travel subscription offerings, further embedding the company into the fabric of travel enthusiasts' lives. By integrating travel journalism with ownership, exchange services, and on-ground resorts, Travel + Leisure Co. captures a broad market spectrum, from casual travelers seeking inspiration to committed vacation owners. This multifaceted approach not only amplifies the company’s revenue streams but also solidifies its standing as an innovator in modern leisure travel.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 22, 2025
AI Summary
Q3 2025

Strong Q3 Results: Travel + Leisure reported over $1.44 billion in revenue and $266 million in adjusted EBITDA, both up year-over-year, with adjusted EPS growing 15%.

Guidance Raised: Management raised full year adjusted EBITDA guidance to $965–$985 million and gross VOI sales to $2.45–$2.50 billion.

Vacation Ownership Momentum: Vacation Ownership business continues to drive growth, with VPG reaching $3,304 (up 10%) and 200,000 tours conducted.

Shareholder Returns: Returned $106 million to shareholders in Q3 via $36 million in dividends and $70 million in share repurchases.

Brand Expansion: Announced Sports Illustrated resort in Chicago and launched the Eddie Bauer Adventure Club, signaling further portfolio diversification.

Stable Credit Profile: Consumer finance portfolio remains stable, with no signs of deterioration and full year loan loss provision expected at 21%.

Focused on Digital: Significant digital and AI investments are enhancing customer engagement, with 28% of bookings now through the Club Wyndham app.

Key Financials
Revenue
$1.44 billion
Adjusted EBITDA
$266 million
Adjusted EBITDA Margin
25%
Adjusted EPS
$1.80
Vacation Ownership Revenue
$876 million
Vacation Ownership Adjusted EBITDA
$231 million
Gross VOI Sales
$682 million
VPG (Volume per Guest)
$3,304
Tour Flow
200,000 tours
Travel and Membership Revenue
$169 million
Travel and Membership Adjusted EBITDA
$58 million
Travel and Membership Transactions
422,000 transactions
Shareholder Returns
$106 million in Q3
Dividends Paid
$36 million in Q3
Share Repurchases
$70 million in Q3; $210 million YTD
Net Leverage
3.3x
Liquidity
nearing $1.1 billion
Cash
$240 million
Revolver Available
$815 million
New Bonds Issued
$500 million at 6.125%
ABS Transaction
$300 million at a 4.78% coupon, 98% advance rate
Loan Loss Provision
21% for full year
FICO Score (New Originations)
above 740
Club Wyndham App Downloads
215,000
App Booking Penetration
28% of bookings through Club Wyndham app
Earnings Call Recording
Other Earnings Calls

Management

Mr. Geoffrey Richards
Chief Operating Officer - Vacation Ownership
No Bio Available
Mr. Thomas M. Duncan
Senior VP & Chief Accounting Officer
No Bio Available
Mr. Sy Esfahani
Chief Technology Officer
No Bio Available
Mr. Christopher Agnew
Senior VP of FP&A and Investor Relations
No Bio Available
Ms. Amandine Robin-Caplan
Chief Brand & Communications Officer
No Bio Available
Mr. Michael Valentino
Vice President of Marketing and Communications
No Bio Available
Ms. Kimberly A. Marshall
Chief Human Resources Officer
No Bio Available
Mr. Bill Schnepp
Executive Vice President of Marketing for Wyndham Vacation Clubs
No Bio Available
Mr. Jon G. Munoz
Senior Vice President of Environmental, Social & Governance
No Bio Available
Ms. Mary Lynn Clark
President of Wyndham Vacation Rentals
No Bio Available

Contacts

Address
FLORIDA
Orlando
6277 Sea Harbor Dr
Contacts