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) presented its four-year growth plan at an investor meeting in New York, aiming to expand its timeshare and vacation exchange businesses. CEO Michael D. Brown highlighted a strategy to tap into a larger market segment leveraging the Travel + Leisure brand. The company forecasts adjusted diluted EPS between $6.10 and $7.30 by 2025, a CAGR of 17-22%. Adjusted EBITDA is expected to grow 11-14%, with cumulative cash available for shareholder value reaching $2.9 to $3.3 billion. The company reaffirms its 2021 outlook for adjusted EBITDA between $725-$735 million.
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Travel + Leisure Group has launched the Travel + Leisure Club, a subscription service offering exclusive travel experiences and savings at an introductory price of
Travel + Leisure Co. (NYSE:TNL) will participate in the 2021 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on September 14, 2021, at 5:00 p.m. EDT. CEO Michael D. Brown and CFO Mike Hug will represent the company. The event will be accessible via a live webcast on the company’s website, with a replay available for 90 days. Travel + Leisure Co. offers a range of leisure travel experiences through its multiple brands, including Wyndham Destinations, Panorama, and Travel + Leisure Group.
Travel + Leisure Co. (NYSE:TNL) appointed Renu Snehi as senior vice president of global brands, effective immediately. With over 20 years of experience in leading hospitality brands, Snehi will oversee branding for Wyndham Destinations, Panorama, and the Travel + Leisure Group. Her role includes spearheading global branding and launching new products, including the upcoming Travel + Leisure Club. This strategic appointment aims to enhance the company’s multi-brand strategy and drive growth in the competitive leisure travel market.
Travel + Leisure Co. (NYSE:TNL) will hold its 2021 Investor Day on September 10, 2021, to discuss its strategic outlook and growth initiatives. The event will highlight plans to expand its timeshare and vacation exchange businesses while exploring new avenues in the leisure travel market.
CEO Michael D. Brown will lead the presentations, which include key executives from Wyndham Destinations and Panorama. The Investor Day will be on Friday, Sept. 10, from 8:30 a.m. to noon EDT, with a live webcast available for those unable to attend.
Travel + Leisure Group is expanding its product offerings by introducing a collection of luxury household goods and exclusive retail distribution of Travelpro® luggage at Bloomingdale’s. The new luxury linens produced in collaboration with Sobel Westex aim to deliver hotel-like comfort at home. The Travelpro x Travel + Leisure luggage collection will be available at select Bloomingdale’s locations and online, with further expansion planned. This initiative is part of a broader strategy to enhance consumer engagement and lifestyle branding.
Travel + Leisure Co. (NYSE:TNL) has declared a cash dividend of $0.30 per share on its common stock. This dividend is due to be paid on September 30, 2021, to shareholders on record as of September 15, 2021. The company is recognized as a leader in the membership and leisure travel sector, offering a diverse portfolio of nearly 20 brands, including Wyndham Destinations and Panorama, which provide extensive vacation options and travel inspiration.
Travel + Leisure Co. (NYSE:TNL) reported strong Q2 2021 results with net income of $74 million ($0.84 EPS) on revenue of $797 million. Adjusted EBITDA was $193 million, and cash provided by operating activities was $290 million. The company anticipates full-year adjusted EBITDA of $720-$735 million and diluted EPS of $3.20-$3.30. Notably, the Vacation Ownership segment saw a 152% revenue increase to $599 million. Management plans to recommend a third-quarter dividend of $0.30 per share.
Meredith Corporation's (NYSE: MDP) Travel + Leisure celebrates its 50th anniversary with a special collector's edition featuring iconic travel stories and notable figures. The August issue, available from July 23, highlights 50 timeless trips, essays from renowned writers, and the brand's history through significant travel moments. Travel + Leisure reaches nearly 1 million subscribers and 12 million monthly digital visitors, marking a 45% increase year-over-year. The anniversary issue attracts diverse advertisers, supporting its role as a leading travel media brand.