Travel + Leisure Co. (TNL)

Travel + Leisure Co.'s stock has experienced movements influenced by several key events in the past six months. The company reported its Third Quarter 2025 results in October 2025, with the Vacation Ownership segment showing robust performance, while the Travel and Membership segment experienced a revenue decline. In December 2025, Travel + Leisure Co. successfully executed an $869 million Secured Term Loan B Facility Repricing. In January 2026, the company announced it would report its Fourth Quarter and Full-Year 2025 financial results on February 18, 2026. Analyst sentiment has generally been positive, with several brokerages reiterating positive ratings and increasing price targets for TNL stock during this period.

Demand for Travel + Leisure Co.'s products and services is cyclical and sensitive to economic conditions and seasonality. Leisure travel remains strong throughout the first quarter, with demand typically peaking in March. Management anticipates a busy summer travel season and has seen positive momentum in future bookings. The Vacation Ownership segment is a primary growth driver, and advance timeshare bookings have shown growth compared to previous years.

Travel + Leisure Co. is a global leader in the leisure travel industry, operating in the Consumer Discretionary sector and Travel Services industry. The company develops, markets, and sells vacation ownership interests and offers consumer financing for these sales, also providing property management services for resorts. Its Vacation Ownership segment includes brands like Club Wyndham and WorldMark by Wyndham. Through its Travel & Membership segment, the company operates vacation exchange networks like RCI, travel technology platforms, and travel memberships, including Travel + Leisure GO. The company aims to make travel accessible and memorable for its members and customers.

Travel + Leisure Co. has a global presence with over 270 vacation club resorts and more than 800,000 vacation club owners worldwide, with resort locations spanning North America, the Caribbean, and the South Pacific. Through its RCI exchange network, the company extends its reach to approximately 3,600 affiliated resorts in around 104 countries and territories. The acquisition of Accor Vacation Club in early 2024 expanded its presence in the Asia Pacific region, including Australia, New Zealand, and Indonesia. Approximately 90% of TNL's owner base and revenue is North American, with the majority in the United States.

Travel + Leisure Co. has received positive recognition for its brand and corporate responsibility. In January 2026, the company was named to Fortune's World's Most Admired Companies list for the fourth consecutive year. Additionally, Newsweek recognized Travel + Leisure Co. as one of America's Most Responsible Companies and one of America's Most Trustworthy Companies for 2025.

Travel + Leisure Co. is primarily controlled by institutional investors, who hold approximately 59.98% to 87.54% of the company's stock. Major institutional shareholders include Vanguard Group Inc. and BlackRock, Inc. Insiders own about 4.06% to 5.1% of the stock, while public companies and individual investors hold approximately 35.96% of the shares.