Travel + Leisure Co

travelandleisureco.com

Travel + Leisure Co. (NYSE: TNL) is a vacation ownership and travel membership company that sells Vacation Ownership Interests (VOIs) and provides related travel services. Revenue comes from VOI sales, consumer financing on those purchases, and recurring fees from travel club memberships and resort management services. The company was formerly part of Wyndham Worldwide Corporation, which spun off Wyndham Hotels & Resorts, Inc. to shareholders before rebranding as Travel + Leisure Co. TNL operates under the Vacation Ownership segment and related travel and membership businesses, generating income through both transactional VOI sales and ongoing membership and fee-for-service arrangements. Fee-for-Service programs allow the company to sell VOI inventory owned by third parties through its sales and marketing channels in exchange for a commission, reducing capital intensity on those transactions. The company is listed on the New York Stock Exchange and headquartered in the United States, as disclosed in its 10-K filed February 18, 2026 (accession 000136165826000009) for the fiscal year ended 2025.