Highest-materiality recent filing
Travel + Leisure shareholders elect all nine director nominees at 2026 annual meeting
All nine director nominees elected with overwhelming support; votes for ranged from 47.5M to 50.6M.
Travel + Leisure issues $900M 6.250% senior notes due 2031; redeeming July 2026 notes
Issued $900M aggregate principal amount of 6.250% senior secured notes due 2031.
Travel + Leisure prices $900M 6.250% secured notes due 2031; to redeem $650M 2026 notes
Offering of $900M 6.250% senior secured notes due 2031 priced at 100% of par.
Travel + Leisure Q1 adjusted EPS $1.45, up 31% YoY; reaffirms FY Adj. EBITDA guidance
Net revenue $961M; net income $79M ($1.22 diluted EPS); adjusted diluted EPS $1.45.
Travel + Leisure Co. posts new investor presentation materials on IR website
New investor presentation posted on investor.travelandleisureco.com for marketing and meetings.
Travel+Leisure Q4 adj. EBITDA $272M; net loss $61M; FY26 EBITDA guid $1.03-1.055B
Net loss $61M ($0.95 diluted) includes $210M inventory write-downs from Resort Optimization Initiative.
Travel + Leisure reprices $869M term loan B, cutting rate by 50 bps to SOFR+2.00%
Repriced $869 million outstanding borrowings under the 2024 Term Loan B Facility.
Travel + Leisure Co. posts new investor presentation on website
New written investor presentation materials posted on travelandleisureco.com/investors for general marketing and investor meetings.
Travel + Leisure Q3 net income $111M; raises FY adjusted EBITDA midpoint to $975M
Net income $111M ($1.67 diluted EPS) on $1.04B revenue; adjusted EPS $1.80, adjusted EBITDA $266M.
Travel + Leisure Co. posts new investor presentation on website; no financial details disclosed
Company posted updated investor presentation materials on travelandleisureco.com/investors on August 25, 2025.
Travel + Leisure Co. issues $500M 6.125% senior secured notes due 2033 to redeem 2025 notes
Issued $500M of 6.125% senior secured notes due 2033; net proceeds to redeem all $500M 6.60% secured notes due Oct 2025.
Travel + Leisure Co. prices $500M senior secured notes at 6.125% due 2033 to refinance 2025 notes
$500M aggregate principal of 6.125% senior secured notes due 2033; priced at 100% of par.
Travel + Leisure Q2 adj. EPS $1.65, rev $1.02B; raises VPG guidance
Q2 net income $108M ($1.62 GAAP EPS); adj. diluted EPS $1.65; revenue $1.02B.
Travel + Leisure Co. amends $1B credit facility, extends maturity to 2030, reduces pricing
New $1B revolving credit facility matures June 2030, refinances prior facility due Oct 2026.
All 9 director nominees elected with >93% votes cast in favor; broker non-votes of ~6.7M shares.
Travel + Leisure Co. posts updated investor presentation; no material new information disclosed
Company posted new written investor presentation on its IR website (travelandleisureco.com/investors) on May 8, 2025.
Travel + Leisure Co. appoints Erik Hoag as CFO; Mike Hug retiring after 26 years
Erik D. Hoag named CFO effective May 19, 2025; joins from FIS where he served as CFO and Chief Integration Officer.
Travel + Leisure Q1 adjusted EBITDA $202M at high end of guidance; VPG up 6% to $3,212
Net income $73M ($1.07 diluted EPS); adjusted diluted EPS $1.11, revenue $934M.
Travel+Leisure posts Q4 EPS $1.72 (adj $1.72); FY25 EBITDA guidance $955-985M
Q4 net income $119M ($1.72 diluted EPS) on revenue $971M; FY net income $411M ($5.82 diluted EPS) on revenue $3.9B.
Travel + Leisure Co. CFO Michael Hug to retire in 2025; successor search begins
CFO Michael A. Hug notified company of retirement effective by June 1, 2025 at latest.
Travel + Leisure Co. closes $875M term loan B refinancing, extends maturity, saves ~$5M/yr interest
Established $875M 2024 Term Loan B Facility, matures December 14, 2029, at SOFR + 250 bps par.
Travel + Leisure Co. posts updated investor presentation on IR website without specific changes
Posted new investor presentation materials on travelandleisureco.com/investors on Nov 6, 2024.
Travel + Leisure Co. Q3 net income $97M, adjusted EBITDA $242M; reaffirms full-year guidance
Net income $97M ($1.39 diluted EPS); revenue $993M; adjusted EPS $1.57.
Travel + Leisure Co. posts updated investor presentation materials; no financial details in filing
On August 21, 2024, company posted new written investor presentation on its IR website (investor.travelandleisureco.com).
Travel & Leisure Q2 adj EBITDA $244M; raises FY 2024 guidance to $915-935M
Net income $129M ($1.36 diluted EPS) on revenue $985M; adjusted diluted EPS $1.52.
Travel + Leisure extends CEO/CFO employment agreements through May 2027
CEO Michael Brown and CFO Michael Hug sign amended employment agreements effective June 1, 2024, extending term to May 31, 2027.
Travel+Leisure Q1 net income $66M ($0.92 EPS); reaffirms FY adjusted EBITDA $910-930M
Net income $66M, diluted EPS $0.92; adjusted EPS $0.97; revenue $916M.
Travel + Leisure posts updated investor presentation on IR site
Company posted new written investor presentation materials on March 11, 2024.
Travel + Leisure Q4 net income $129M, adj EPS $1.98; guides FY2024 adj EBITDA $910-930M
Q4 net income $129M ($1.77 diluted EPS) on revenue $935M; adjusted EBITDA $240M, adj. diluted EPS $1.98.
Travel+Leisure Co. President Olivier Chavy to depart Feb. 20, 2024
Olivier Chavy steps down as President of Panorama and Travel + Leisure Clubs, effective Feb 20, 2024.
Travel + Leisure closes $598M term loan refinancing; rate lowered 75 bps
$298M refinanced the 2022 Incremental Term Loans; $300M new borrowings to repay 5.65% secured notes due April 2024.
Revised nomination procedures require proof of Rule 14a-19 compliance at least 8 business days before stockholder meetings.
TNL Q3 revenue $986M, adj EPS $1.54, guides FY adj EBITDA $900-915M, acquires SI Resorts rights
Net income $110M ($1.49 diluted EPS from cont ops); adjusted diluted EPS $1.54.
TNL Q2 net income $94M, adjusted EPS $1.33; reaffirms FY adjusted EBITDA guidance $925M-$945M
Q2 net income $94M ($1.18 diluted EPS) on revenue $949M; adjusted EPS $1.33.
Travel & Leisure shareholders elect all director nominees, approve say-on-pay
All nine director nominees elected with 56.2M to 59.1M votes for each; broker non-votes ~6.9M.
Travel + Leisure posts updated investor presentation on its IR website
Company posted new investor presentation materials on May 10, 2023, at investor.travelandleisureco.com.
Travel + Leisure Q1 beats; raises FY2023 adjusted EBITDA guidance to $925-$945M
Net income $64M ($0.81 EPS), revenue $879M (+9% YoY); adjusted EPS $0.89 (+29%).
Travel + Leisure Co. amends credit agreement to replace LIBOR with SOFR-based rate
Fourth Amendment to Credit Agreement effective March 30, 2023.
Travel + Leisure Q4 net income $90M, adj. EPS $1.30; FY23 EBITDA guidance $920-940M
Q4 net income $90M ($1.12 diluted EPS); adjusted diluted EPS $1.30; revenue $899M.
Travel + Leisure closes $300M Term Loan B to refinance $400M 2023 secured notes
$300M Term Loan B matures Dec 2029, issued at 97.5% original issue discount.
Company posted updated investor presentation on its IR website for use in meetings.
Net income $116M ($1.38 diluted EPS); adjusted EPS $1.28; revenue $937M.
Elizabeth Dreyer resigns as SVP & CAO effective Sept 30, 2022 to pursue other opportunity.
Travel + Leisure Q2 net income $100M, adj. EBITDA $230M; FY guidance raised to $860-880M
Net income $100M ($1.16 diluted EPS); adjusted EPS $1.27 on revenue $922M.
All 9 director nominees elected with 66.5M to 68.5M votes for; broker non-votes ~5.6M.
Travel + Leisure Co. posts new investor presentation materials
Company posted new investor presentation materials on its IR website on May 10, 2022.
Travel + Leisure Q1 net income $51M ($0.59 EPS); adj EBITDA $170M; FY adj EBITDA guide $855M-$875M
Q1 revenue $809M; Vacation Ownership revenue $604M (+35% YoY) and adj EBITDA $103M (+56% YoY).
Noah Brodsky to cease as President, Travel + Leisure Group and Chief Brand Officer effective April 4, 2022.
Travel + Leisure Q4 adjusted EPS $1.19 beats; full-year above guidance
Q4 net revenue $870M, net income $110M ($1.26 diluted EPS), adjusted EPS $1.19.
Travel+Leisure issues $650M of 4.50% senior secured notes due 2029 to refinance near-term debt
Issued $650M aggregate principal of 4.50% senior secured notes due December 1, 2029.
Michael A. Hug, the Company's current CFO, will step down from that role on the Transition Date and continue as an employee of a subsidiary of the Company until his previously announced retirement on June 9, 2025
appointed Erik D. Hoag as Chief Financial Officer ("CFO") of the Company, effective May 19, 2025
Olivier Chavy will cease serving as President, Panorama and Travel + Leisure Clubs with Travel + Leisure Co. (the “Company”), effective February 20, 2024.
On September 13, 2022, Thomas M. Duncan was appointed Senior Vice President and Chief Accounting Officer (“CAO”), effective as of the Effective Date.
On September 7, 2022, Elizabeth E. Dreyer, Senior Vice President and Chief Accounting Officer of Travel + Leisure Co. (the "Company"), notified the Company of her decision to resign, effective September 30, 2022 (the “Effective Date”), to pursue another career opportunity.
On March 23, 2022, the Company also announced that Olivier Chavy will assume leadership of the Travel + Leisure Group business line, effective April 5, 2022, in addition to his current responsibilities.
On March 23, 2022, Travel + Leisure Co. (the "Company") announced that Noah Brodsky, President, Travel + Leisure Group and Chief Brand Officer of the Company, will cease serving in both roles, effective April 4, 2022.
On November 11, 2021, upon the recommendation of the Corporate Governance Committee, the Board of Directors (the “Board”) of Travel + Leisure Co. (the “Company”) increased the number of directors constituting the Board from eight to nine members and appointed Lucinda Martinez to fill the vacancy.
Max materiality 0.80 · Median 0.57 · Most common event earnings