Travel+Leisure Co Stock Price, News & Analysis

Travel + Leisure Co. (NYSE:TNL) has successfully amended its Credit Agreement, establishing a new $1 billion revolving credit facility with maturity extended to June 2030, replacing the previous facility that was due in October 2026.

Key improvements include a 25 basis points reduction in pricing spreads on borrowings and letters of credit, elimination of Term SOFR credit spread adjustment, reduced minimum interest coverage ratio, and lower commitment fee pricing spread. The amendment also provides expanded covenants and increased incurrence baskets.

CFO Erik Hoag emphasized that the improved terms reflect the company's business stability and strong banking relationships, while enhancing financial flexibility for growth strategy execution.

Travel + Leisure Co. (NYSE:TNL) and Hornblower Group have announced a strategic marketing partnership to enhance travel experiences for their customers. The collaboration will feature Travel + Leisure Co.'s brands at Hornblower's ports and vessels across key markets, with dedicated teams offering exclusive vacation packages to 22 million annual Hornblower guests.

As Hornblower's exclusive vacation ownership partner, Travel + Leisure Co. will host thousands of owners at City Cruises Live events, featuring performances by renowned artists, sports legends, and celebrity appearances. The partnership extends across Hornblower's maritime portfolio and land-based experiences through Walks and Devour Tours in over 20 cities across Europe and North America.

Elavon, a U.S. Bank subsidiary, has expanded its partnership with Wyndham Hotels & Resorts by making its Cloud Payments Interface (CPI) available to over 6,000 franchisees across the US and Canada. The cloud-based solution eliminates the need for expensive on-site hardware, reduces operational costs, and enhances mobile check-in security. CPI offers scalable payment services, seamless integration with property management systems and loyalty programs, and advanced security features. The collaboration builds on a 20-year relationship between Elavon and Wyndham, aiming to modernize payment processing across Wyndham's 25 brands while improving guest experience through faster check-ins and touchless payments.

Travel + Leisure Co. (NYSE:TNL) announced that President and CEO Michael D. Brown and CFO Erik Hoag will participate in a fireside chat at the Morgan Stanley 3rd Annual Travel & Leisure Conference. The session is scheduled for Tuesday, June 3, 2025, at 8:00 a.m. EDT. Investors can access a live audio webcast through the company's investor relations website, with a replay available approximately 24 hours after the event. Travel + Leisure Co. is a prominent leisure travel company serving over six million vacationers annually, operating through various vacation ownership, travel club, and lifestyle travel brands. The company employs nearly 19,000 associates globally and focuses on hospitality and responsible tourism.

Travel + Leisure Co. (NYSE:TNL) has been recognized among U.S. News & World Report's 2025-2026 Best Companies to Work For. The company ranked in the top 25% within both the Hospitality and Entertainment industry and the South region. The recognition is based on multiple factors including pay and benefits, work-life balance, job stability, workplace comfort, belongingness, and career development opportunities.

The world's leading membership and leisure travel company serves over six million vacationers annually through its portfolio of vacation ownership, travel club, and lifestyle travel brands. The company employs nearly 19,000 associates globally and maintains a focus on hospitality and responsible tourism.

Travel + Leisure Co. (NYSE:TNL) has announced a regular cash dividend of $0.56 per share, payable on June 30, 2025, to shareholders of record as of June 13, 2025. The company is a prominent player in the leisure travel industry, serving over six million vacationers annually through its portfolio of vacation ownership, travel club, and lifestyle travel brands. With a workforce of nearly 19,000 dedicated associates worldwide, Travel + Leisure Co. focuses on hospitality and responsible tourism, aiming to fulfill its mission of putting the world on vacation.

Travel + Leisure Co. (NYSE:TNL) has appointed Erik Hoag as its new Chief Financial Officer, replacing retiring CFO Mike Hug. Hoag brings over 25 years of financial leadership experience, most notably serving as CFO and Chief Integration Officer at FIS, where he managed numerous acquisitions including a recent $12 billion business acquisition from Global Payments.

In his new role, Hoag will lead TNL's global finance organization, overseeing accounting, financial planning, treasury, tax, investor relations, and consumer finance operations. The appointment comes during a period of strategic growth for Travel + Leisure Co., which has expanded its portfolio through recent acquisitions including Accor Vacation Club (2024) and Sports Illustrated Resorts (2023), building upon its existing brands Club Wyndham, WorldMark by Wyndham, and Margaritaville Vacation Club.

Travel + Leisure Co. (NYSE:TNL) reported strong Q1 2025 financial results with net income of $73 million and diluted EPS of $1.07 on net revenue of $934 million. The company achieved Adjusted EBITDA of $202 million and adjusted diluted EPS of $1.11.

Key highlights include a 6% increase in Volume per guest (VPG) to $3,212 and returning $111 million to shareholders through $41 million in dividends and $70 million in share repurchases. The Vacation Ownership segment saw a 4% revenue increase to $755 million, while Travel and Membership revenue decreased 7% to $180 million.

The company maintains its full-year 2025 guidance with adjusted EBITDA of $955-985 million and expects Q2 adjusted EBITDA of $245-255 million. The company's leverage ratio stands at 3.3x with $3.5 billion of corporate debt outstanding.

RCI, the world's leading vacation exchange company, has announced the winners of its fourteenth annual RCI Green Awards, expanding the program to recognize sustainable practices across three global regions. The awards highlight nine affiliate resorts demonstrating excellence in environmental stewardship.

The program now covers the United States, Latin America/Caribbean, and Europe/Middle East/Africa/Asia Pacific regions, reflecting the growing worldwide commitment to sustainable tourism. Winners were recognized for innovations in plastic-free operations, regenerative tourism, and technology-driven resource management.

Notable winners include Club Wyndham Smoky Mountains (North America Platinum), Grand Sirenis Riviera Maya Resort & Spa (Latin America/Caribbean Platinum), and Los Amigos Beach Club (Europe/Middle East/Africa/Asia Pacific Platinum). The awards program is free for all RCI affiliates, with applications for the 2025 program opening in fall 2024.