Welcome to our dedicated page for Travel+Leisure Co news (Ticker: TNL), a resource for investors and traders seeking the latest updates and insights on Travel+Leisure Co stock.
Travel + Leisure Co. (NYSE: TNL) is a leisure travel company with operations centered on vacation ownership and membership-based travel services. News about Travel + Leisure Co. often highlights developments in its vacation ownership segment, its Travel and Membership segment and its broader leisure travel portfolio.
Investors and travelers following Travel + Leisure Co. can expect news on topics such as quarterly financial results, segment performance and updates on the company’s strategy in vacation ownership and travel membership. Earnings releases describe metrics like net revenues, net vacation ownership interest sales, gross VOI sales and transaction trends in the Travel and Membership segment, along with commentary from management on business performance.
Coverage also includes announcements related to capital markets and financing, such as amendments to the company’s Credit Agreement, the establishment or refinancing of revolving credit facilities, the repricing of term loan facilities, the issuance of senior secured notes and the completion of term securitization transactions backed by timeshare receivables. These items provide insight into the company’s cost of capital, leverage and liquidity.
News about Travel + Leisure Co. may feature updates on its travel brands and membership platforms, including RCI, which is part of the Travel and Membership business and operates a vacation exchange platform for members. Press releases can describe new or enhanced travel benefits, partnerships and program features that affect members’ options for vacations and exchanges.
This page aggregates company-specific headlines, allowing readers to review Travel + Leisure Co. news related to financial results, capital structure, segment initiatives and membership travel offerings in one place.
Travel + Leisure Co. (NYSE:TNL) reported strong Q2 2022 financial results, with a net income of $100 million and $1.16 diluted earnings per share, on $922 million in revenue. Adjusted EBITDA stood at $230 million. The company generated $230 million in net cash from operations and $121 million in adjusted free cash flow for the first six months of 2022. Travel + Leisure also announced a $0.40 per share dividend recommendation and anticipates full-year adjusted EBITDA between $860 million to $880 million. Strong demand for vacation ownership sales drove positive trends.
Travel + Leisure Co. (NYSE:TNL) has successfully completed a term securitization transaction, issuing $275 million in asset-backed notes. The breakdown includes $111 million in Class A Notes with a 4.73% coupon, $66 million in Class B Notes at 5.04%, $69 million in Class C Notes at 6.36%, and $29 million in Class D Notes at 9.22%, resulting in a 5.70% weighted average coupon. CFO Mike Hug highlighted strong investor demand and the transaction's enhancement to the company's liquidity amidst economic volatility.
Wyndham Destinations has launched a new vacation club resort in Atlanta, featuring a modern 22-story tower with 200 multi-bedroom suites. This dual-branded property includes the Club Wyndham and Margaritaville Vacation Club brands, providing a unique vacation experience. Located near Centennial Olympic Park, the resort offers upscale amenities including fully equipped kitchens and in-suite washers/dryers. The facility is open to both existing owners and non-owner rentals, aiming to elevate Atlanta's profile as a premier leisure travel destination.
Travel + Leisure has released its annual World's Best Awards 2022, highlighting travel favorites globally. Oaxaca, Mexico is named the World's Best City, while Ischia, Italy is recognized as the Best Island. Top cities in the U.S. include Charleston, South Carolina and New Orleans. The Pickering House Inn in Wolfeboro, New Hampshire is called the best resort hotel in the continental U.S. The awards celebrate excellence in hospitality, with results published on TravelandLeisure.com.
Travel + Leisure Co. (NYSE:TNL) will announce its second quarter 2022 financial results on July 28, 2022, prior to market opening, followed by a conference call at 8:30 a.m. EDT. CEO Michael D. Brown and CFO Mike Hug will address the company’s financial performance and business outlook. A webcast will be available on the company’s investor website, with an archive accessible for 90 days post-call. TNL is a global leader in membership and leisure travel, offering diverse travel experiences through its extensive portfolio.
Travel + Leisure Co. (NYSE:TNL) shared that the video presentation from the Jefferies Consumer Conference featuring CEO Michael D. Brown and CFO Mike Hug is now available online. The company, a leading player in the leisure travel sector, oversees nearly 20 travel brands including Wyndham Destinations and Panorama. These services cater to millions through vacation experiences and travel inspiration. For more details, visit the company's investor relations page.
Travel + Leisure Co. (NYSE:TNL) will present at the Goldman Sachs Travel and Leisure Conference on June 6, 2022, at 9:20 a.m. EDT. The presentation will feature CEO Michael D. Brown and CFO Mike Hug. Investors can access a live audio webcast on the company’s investor relations website, with a replay available 12 hours post-event. Travel + Leisure Co. is a leading membership and leisure travel company with nearly 20 travel brands, providing exceptional travel experiences and inspiration globally.
Wyndham Destinations has opened The Moab Resort, a new 150-suite vacation property located in
Travel + Leisure Co. (NYSE:TNL) will have its President and CEO, Michael D. Brown, alongside CFO Mike Hug, participate in a fireside chat at the Bernstein 38th Annual Strategic Decisions Conference on June 2, 2022, at 9:00 a.m. EDT. Interested parties can listen to a live audio webcast via the investor relations section of the company’s website. A replay will also be available approximately 12 hours after the event concludes. Travel + Leisure Co. is a leading travel company with nearly 20 brands, offering exceptional vacation experiences and travel inspiration annually.
Travel + Leisure Co. (NYSE:TNL) has announced a regular cash dividend of $0.40 per share, payable on June 30, 2022, to shareholders on record as of June 15, 2022. The company operates as a leading membership and leisure travel entity with a diverse portfolio of nearly 20 brands. These brands include Wyndham Destinations and Panorama, which cater to millions of owners and subscribers annually, providing exceptional vacation experiences. This dividend reflects the company's ongoing commitment to delivering shareholder value.