Travel+Leisure Co Stock Price, News & Analysis

Club Wyndham, a leading vacation ownership brand under Wyndham Destinations (NYSE: TNL), has donated five lots of land in Pagosa Springs, Colorado, to Habitat for Humanity of Archuleta County. This marks the company's inaugural land donation to the organization, which will develop the land into affordable single-family housing for local residents. In addition to the land, Club Wyndham employees have contributed over 100 volunteer hours to assist in building homes. Habitat for Humanity aims to build 15 homes in five years, with the first four lots expected to be developed by 2026. The fifth lot requires infrastructure improvements before construction can commence.

Travel + Leisure Co. (NYSE:TNL) will release its fourth quarter and full-year 2022 financial results on February 22, 2023, before the market opens. CEO Michael D. Brown and CFO Mike Hug will discuss the company's performance in a conference call at 8:30 a.m. ET. A live webcast can be accessed via the company's website. The session will also be available for replay for 90 days after the call. Travel + Leisure Co. is recognized as a leading membership and leisure travel company with nearly 20 brands, including Wyndham Destinations and Panorama.

Travel + Leisure Co. (NYSE:TNL) announced the closing of a $300 million incremental Term Loan B, maturing on December 14, 2029. The funds will be used to redeem $400 million in secured notes with a 3.90% interest due March 2023, along with related fees. The loan has flexible interest options, including rates based on Base Rate or Term SOFR, plus applicable margins. The Term Loan B will amortize quarterly, starting from the first full fiscal quarter post-closing.

Club Wyndham has partnered with Take a Chef to provide an exclusive private chef experience for guests at select U.S. resorts. This program allows visitors to enjoy a complimentary farm-to-table meal prepared by a private chef directly in their suite. As a promotional kickoff, Club Wyndham is giving away up to $25,000 in private chef experiences, available for bookings made through December 30, 2023. The initiative targets travelers seeking enhanced culinary offerings during their stays, aligning with recent trends where over half of travelers express a desire for accommodations equipped with kitchens.

Travel + Leisure Co. (NYSE:TNL) announced that Michael D. Brown, President and CEO, along with Mike Hug, CFO, will present at the Barclays Eat, Sleep, Play Conference on November 29, 2022, at 12:30 p.m. EST. A live audio webcast will be accessible on the company's investor relations site, travelandleisureco.com/investors, with a replay available about 12 hours post-event. TNL is a global leader in membership and leisure travel, operating multiple brands including Wyndham Destinations and Panorama.

The board of directors of Travel + Leisure Co. (NYSE:TNL) announced a cash dividend of $0.40 per share, payable on December 30, 2022 to shareholders on record as of December 15, 2022. This reflects the company's commitment to providing returns to its shareholders amid its operations within the travel and leisure industry, which includes brands like Wyndham Destinations and Panorama.

Wyndham Destinations is offering up to 25% off at 60 resorts through its Extra Holidays portal. This promotion begins on November 21 and runs through November 28, coinciding with Black Friday and Cyber Monday. Discounts are available for various travel destinations in the U.S. and internationally, including Japan and France. The offer allows travelers to explore vacation ownership with promotional rates, targeting early 2023 travelers.

Travel + Leisure GO has been announced as the presenting sponsor of the New York International Travel Show from October 28-30, 2022, at the Jacob K. Javits Convention Center. This marks the first major appearance for the new travel club, allowing consumers to explore membership benefits. Fiona Downing, Chief Membership Officer, noted the resurgence in travel interest post-pandemic. Attendees will learn about travel trends and can sign up for a free trial at the event. Travel + Leisure Co. continues to be a leading brand in travel and membership services.