Travel + Leisure Co. reports developments in leisure travel, vacation ownership and membership-based travel brands. The company develops, markets and sells vacation ownership interests, provides consumer financing tied to VOI sales, manages resort properties and operates travel club and exchange businesses through brands that include Club Wyndham, WorldMark, RCI, Margaritaville Vacation Club, Accor Vacation Club, Eddie Bauer Adventure Club and Sports Illustrated Resorts.
Recurring news centers on quarterly operating results, gross VOI sales, tour activity, resort optimization, brand expansion and partnerships. Company updates also cover capital-structure actions such as secured note offerings, credit facilities and term securitizations backed by notes receivable.
Travel + Leisure Co. (NYSE:TNL) completed a $300 million term securitization of timeshare receivables, issuing asset-backed notes with an overall weighted average coupon of 5.52% and a 98.00% advance rate. The deal was executed through Sierra Timeshare 2026-2 Receivables Funding LLC, an indirect subsidiary.
The issuer sold $136 million of Class A Notes at a 4.98% coupon, $52 million of Class B Notes at 5.19%, $62 million of Class C Notes at 5.63%, and $50 million of Class D Notes at 7.19%. According to Travel + Leisure Co., the Rule 144A/Reg S transaction supports efficient access to capital and financial flexibility while all securities have been sold.
Travel + Leisure Co. (NYSE:TNL) has closed the acquisition of Yes& Vacations and signed a definitive agreement to acquire Spinnaker Resorts for a combined upfront purchase price of $343 million, plus up to $10 million in contingent performance-based payments. Spinnaker Resorts is expected to close in the third quarter of 2026, subject to customary conditions.
The deals add 23 resorts and expand the vacation ownership base by more than 100,000 owners, including seven Maui properties, a flagship resort on the Las Vegas Strip, six Hilton Head properties, and additional drive-to destinations. According to Travel + Leisure Co., the acquisitions are expected to be immediately accretive to Adjusted EBITDA, Adjusted Diluted EPS and Adjusted Free Cash Flow and to contribute about $50 million of Adjusted EBITDA on a full-year basis including synergies.
The company is funding the transactions with cash and existing debt capacity, targeting a year-end leverage ratio of 3.2x. Net capital deployed is expected to be roughly $263 million after securitizing about $80 million of acquired consumer financing receivables.
Travel + Leisure (NYSE:TNL) announced its inclusion in the inaugural TIME America's Best Companies 2026 list, developed with Statista. The ranking evaluates employee satisfaction, financial performance, and sustainability transparency, using employee surveys and ESG disclosure data.
The company highlights its multi-brand vacation ownership and travel portfolio, delivering over six million vacations annually through brands such as Club Wyndham, WorldMark, Margaritaville Vacation Club, Sports Illustrated Resorts, Accor Vacation Club, Eddie Bauer Adventure Club, and RCI. Travel + Leisure employs more than 19,000 associates worldwide focused on hospitality and responsible tourism.
Travel + Leisure (NYSE:TNL) released its 2026 World's Best Awards, based on insights from more than 207,000 readers. The rankings highlight top destinations, hotels, airlines, cruise lines, and travel experiences worldwide.
Key winners include San Miguel de Allende as Best City, Patina Osaka as Best Hotel, and Koh Samui as Best Island.
Travel + Leisure (NYSE:TNL) will release its second quarter 2026 financial results on July 22, 2026 before the market opens, followed by a conference call at 8:30 a.m. EDT.
The webcast will be accessible via the company’s investor site, with a 90-day replay available.
Travel + Leisure Co. (NYSE:TNL) announced it has been named to the 2026-2027 U.S. News & World Report Best Companies to Work For list.
The company was recognized in four categories, reflecting workplace factors such as pay and benefits, flexibility, well-being, belonging, and career growth.
Club Wyndham (TNL), a Travel + Leisure Co. brand, launched its “17 Summers” campaign encouraging families to maximize time together before children reach adulthood. The initiative is backed by a survey of 2,000 parents and highlights the role of family vacations in creating lasting memories.
To support the campaign, Club Wyndham is offering 17% off rental stays at participating properties for new, two-night-minimum reservations booked and traveled by September 22, 2026, using promo code 17SUMMERS on ClubWyndhamVacationRentals.com.
Travel + Leisure Co. (NYSE:TNL) launched Countdown to Kickoff, a series of soccer-themed fan events at select North American vacation club resorts aligned with a major global tournament.
Four properties will host themed celebrations with activities, photo moments, and local neighborhood guides to enhance experiential travel.
Travel + Leisure (NYSE:TNL) announced that President and CEO Michael D. Brown and CFO Erik Hoag will join a fireside chat at the Morgan Stanley 4th Annual Travel & Leisure Conference on June 2, 2026, at 8:00 a.m. EDT.
A live audio webcast and replay will be available via the company’s investor relations website.
Travel + Leisure (NYSE:TNL) has broken ground on a new Sports Illustrated Resorts destination in Tuscaloosa, Alabama, its first ground-up collegiate market project. Set on the Black Warrior River about one mile from the University of Alabama, the mixed-use resort is expected to open in 2028.
The plan includes 75 whole-ownership condominiums, 86 vacation ownership units, retail, bars, lounges, rooftop events, and a broadcast booth. According to Travel + Leisure, the project should create hundreds of construction and long-term jobs and extends the Sports Illustrated Resorts expansion into key sports markets.