Travel + Leisure Co. - TNL STOCK NEWS

Travel + Leisure Group has launched the Travel + Leisure Club, a subscription service offering exclusive travel experiences and savings at an introductory price of $9.95 per month. Members enjoy preferred pricing on over 600,000 hotels, personalized concierge services, and access to curated itineraries featuring the 2021 'World’s Best Awards' winners. A 30-day free trial is available. The service aims to transform inspirational travel content from the Travel + Leisure magazine into real, bookable experiences.

Travel + Leisure Co. (NYSE:TNL) will participate in the 2021 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on September 14, 2021, at 5:00 p.m. EDT. CEO Michael D. Brown and CFO Mike Hug will represent the company. The event will be accessible via a live webcast on the company’s website, with a replay available for 90 days. Travel + Leisure Co. offers a range of leisure travel experiences through its multiple brands, including Wyndham Destinations, Panorama, and Travel + Leisure Group.

Travel + Leisure Co. (NYSE:TNL) appointed Renu Snehi as senior vice president of global brands, effective immediately. With over 20 years of experience in leading hospitality brands, Snehi will oversee branding for Wyndham Destinations, Panorama, and the Travel + Leisure Group. Her role includes spearheading global branding and launching new products, including the upcoming Travel + Leisure Club. This strategic appointment aims to enhance the company’s multi-brand strategy and drive growth in the competitive leisure travel market.

Travel + Leisure Co. (NYSE:TNL) will hold its 2021 Investor Day on September 10, 2021, to discuss its strategic outlook and growth initiatives. The event will highlight plans to expand its timeshare and vacation exchange businesses while exploring new avenues in the leisure travel market.

CEO Michael D. Brown will lead the presentations, which include key executives from Wyndham Destinations and Panorama. The Investor Day will be on Friday, Sept. 10, from 8:30 a.m. to noon EDT, with a live webcast available for those unable to attend.

Travel + Leisure Group is expanding its product offerings by introducing a collection of luxury household goods and exclusive retail distribution of Travelpro® luggage at Bloomingdale’s. The new luxury linens produced in collaboration with Sobel Westex aim to deliver hotel-like comfort at home. The Travelpro x Travel + Leisure luggage collection will be available at select Bloomingdale’s locations and online, with further expansion planned. This initiative is part of a broader strategy to enhance consumer engagement and lifestyle branding.

Travel + Leisure Co. (NYSE:TNL) has declared a cash dividend of $0.30 per share on its common stock. This dividend is due to be paid on September 30, 2021, to shareholders on record as of September 15, 2021. The company is recognized as a leader in the membership and leisure travel sector, offering a diverse portfolio of nearly 20 brands, including Wyndham Destinations and Panorama, which provide extensive vacation options and travel inspiration.

Travel + Leisure Co. (NYSE:TNL) reported strong Q2 2021 results with net income of $74 million ($0.84 EPS) on revenue of $797 million. Adjusted EBITDA was $193 million, and cash provided by operating activities was $290 million. The company anticipates full-year adjusted EBITDA of $720-$735 million and diluted EPS of $3.20-$3.30. Notably, the Vacation Ownership segment saw a 152% revenue increase to $599 million. Management plans to recommend a third-quarter dividend of $0.30 per share.

Meredith Corporation's (NYSE: MDP) Travel + Leisure celebrates its 50th anniversary with a special collector's edition featuring iconic travel stories and notable figures. The August issue, available from July 23, highlights 50 timeless trips, essays from renowned writers, and the brand's history through significant travel moments. Travel + Leisure reaches nearly 1 million subscribers and 12 million monthly digital visitors, marking a 45% increase year-over-year. The anniversary issue attracts diverse advertisers, supporting its role as a leading travel media brand.

Travel + Leisure Co. (NYSE:TNL) will release its second quarter 2021 financial results on July 28, 2021, before market open. A conference call will follow at 8:30 a.m. ET, featuring CEO Michael D. Brown and CFO Mike Hug, discussing financial performance and business outlook. Investors can access the call via the company's website or by phone. Archived webcasts will be available for 90 days, with a telephone replay for four days post-call. Travel + Leisure Co. is a leading leisure travel company, offering services through various brands in the hospitality sector.