Travel + Leisure Co. (0M1K.L)
| Previous close | 43.42 |
| Open | 43.42 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 43.42 - 43.42 |
| 52-week range | 35.13 - 47.63 |
| Volume | |
| Avg. volume | 288 |
| Market cap | 41.367M |
| Beta (5Y monthly) | 1.64 |
| PE ratio (TTM) | 0.11 |
| EPS (TTM) | 3.78 |
| Earnings date | 24 July 2024 - 29 July 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
Timeshares are in: Travel + Leisure tops Q1 earnings estimates
Younger families are increasingly turning to timeshares, a service offered by Travel + Leisure Co. (TNL), which recently topped earnings estimates for the first quarter. Travel + Leisure CEO Mike Brown joins Yahoo Finance to discuss the company's niche in the vacation ownership market and broader travel trends. Travel + Leisure's "very strong Q1" was driven by consumer demand to purchase timeshares, Brown says. "Leisure travel doesn't seem to be slowing from our perspective," he adds, pointing to the Sun Belt, Florida theme parks, and East Coast beaches as particularly popular destinations. The post-pandemic transformation of work has boosted the company's length of stay, the CEO explains, with consumers getting away from the office earlier and working remotely toward the end of the week. Accommodations like timeshares that offer more space "are at the front end" of what consumers desire for future vacations, Brown adds. Though Airbnb and VRBO also offer rentals with more space, Brown says Travel + Leisure's commitment to brand differentiates the company from vacation rental businesses. Highlighting the Margaritaville and Wyndham collections, Brown says consumers like the consistency a brand provides. "That's what we offer: brand and great value in vacation ownership," the CEO tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode. This article was written by Gabriel Roy.
Business WireTravel + Leisure Co. Reports First Quarter 2024 Results
ORLANDO, Fla., April 24, 2024--Travel + Leisure Co. today reported first quarter 2024 financial results for the three months ended March 31, 2024.
Business WireTravel + Leisure Co. and Allegiant Announce Multi-Year Marketing Agreement
ORLANDO, Fla., April 23, 2024--Travel + Leisure Co. and Allegiant announced a multi-year marketing agreement, allowing both companies to grow their customer engagement.
