Travel & Leisure Co., a leading company in the vacation ownership and travel industry, has released its Form 10-Q report for the second quarter of 2025. The report highlights the company’s financial performance and operational achievements, reflecting its strategic initiatives and market expansion efforts.
Financial Highlights
Net Revenues: Travel & Leisure Co. reported net revenues of $1,018 million for the three months ended June 30, 2025, an increase from $985 million in the same period in 2024. This growth was primarily driven by higher vacation ownership interest sales.
Operating Income: The company achieved an operating income of $206 million for the three months ended June 30, 2025, up from $189 million in the same period in 2024, indicating improved operational efficiency.
Net Income Attributable to Travel & Leisure Co. Shareholders: Net income attributable to shareholders was $108 million for the three months ended June 30, 2025, compared to $129 million in the same period in 2024. The prior year’s net income benefited from a gain on the disposal of a discontinued business.
Basic Earnings Per Share: Basic earnings per share were $1.63 for the three months ended June 30, 2025, compared to $1.82 in the same period in 2024, reflecting the impact of the gain on disposal in the prior year.
Diluted Earnings Per Share: Diluted earnings per share were $1.62 for the three months ended June 30, 2025, compared to $1.81 in the same period in 2024, consistent with the basic earnings per share trend.
Business Highlights
Revenue Segments: The Vacation Ownership segment reported significant revenue from vacation ownership interest sales, property management fees, and consumer financing. The Travel and Membership segment generated revenue primarily from transaction revenues and subscription revenues.
Geographical Performance: The company expanded its international portfolio in the Asia Pacific region through the acquisition of Accor Vacation Club, enhancing its brand affiliations and market presence.
Sales Units: Travel & Leisure Co. reported net vacation ownership contract receivables originations of $732 million during the six months ended June 30, 2025, indicating strong sales performance in the Vacation Ownership segment.
Future Outlook: The company is focused on enhancing its operational efficiency and expanding its market presence, particularly in the Asia Pacific region, as part of its strategic growth initiatives.
SEC Filing: Travel & Leisure Co. [ TNL ] – 10-Q – Jul. 23, 2025
