ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) announced today the closing of the Eighth Amendment to its Credit Agreement, which established new pricing terms for the $869 million of outstanding borrowings under the 2024 Term Loan B Facility. The repricing reduces the applicable interest rate on the 2024 Term Loan B Facility by 50 basis points from SOFR plus 2.50% to SOFR plus...
The October sales totaled less than 1% of Richards' total common stock holdings. The chief operating officer benefited from a strong share price performance following the company's Q3 earnings report.
ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) announced today that Michael D. Brown, President and Chief Executive Officer, and Erik Hoag, Chief Financial Officer, will participate in a fireside chat session at the Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 2, 2025, at 8:00 a.m. EST. In addition, Erik Hoag will participate in a fireside chat sessio...
ORLANDO, Fla.--(BUSINESS WIRE)--RCI®, the world's leading vacation exchange company, today announced expanded cruise and travel benefits, giving members greater choice, flexibility and value across a wide range of experiences. These enhancements come through a strategic partnership with Open Network Exchange (ONE), a leading provider of technology, sales, marketing and product solutions for the...
Travel + Leisure continues to outperform peers, driven by strong sales, high-quality customers, and resilient recurring cash flow from its timeshare business. TNL's focus on higher-income, high-credit-score customers and tighter underwriting standards is insulating results from macroeconomic pressures and supporting stable credit quality. Robust free cash flow generation enables TNL to return s...
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 of $0.56 per share, payable December 31, 2025 to shareholders of record as of December 12, 2025. About Travel + Leisure Co. Travel + Leisure Co. is a leading leisure travel company, providing more than six million vacations to travelers around ...
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