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ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) announced today it completed a term securitization transaction involving the issuance of $325 million in principal amount of asset-backed notes with an overall weighted average coupon of 5.11%. The advance rate for this transaction was 98.00%. “This transaction reflects the consistency of our platform and our ability to access capital even in a more volatile market environment,” said Erik Hoag, Chief Financial Officer of Travel + L.
General Counsel James Savina sold 31,596 shares for a transaction value of approximately ~$2.22 million on March 17, 2026. The sale represented 100% of Savina's directly-held common stock, reducing direct holdings to zero.
ORLANDO, Fla.--(BUSINESS WIRE)--The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock, increasing the quarterly dividend rate by 7% to $0.60 per share from $0.56 per share. The dividend is payable March 31, 2026 to shareholders of record as of March 20, 2026. About Travel + Leisure Co. Travel + Leisure Co. (NYSE: TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world eve.
ORLANDO, Fla.--(BUSINESS WIRE)--Leading leisure travel company Travel + Leisure Co. today announced it was named by Newsweek as one of America's Most Charitable Companies in 2026.
ORLANDO, Fla.--(BUSINESS WIRE)--Gallup awards Travel + Leisure Co., a leading leisure travel company, with the 2026 Exceptional Workplace Award for employee engagement.
Travel + Leisure remains a "Buy" after a strong quarter, with shares up 40% over the past year and robust recurring revenue. TNL's vacation ownership business drives growth, supported by a high-quality customer base and resilient credit metrics, while legacy segments provide stable cash flow. Management expects $1.03–$1.055 billion EBITDA in 2026, continued capital returns, and a new $750 million buyback, with a 3.2% forward yield.
Travel + Leisure Co. (TNL) Q4 2025 Earnings Call Transcript