Travel + Leisure stock | 2026 trend & analyst price target

Travel + Leisure

NYSE:TNL

$ 70,69

$-1,19 (-1,66%)

70,69 $

$-1,19 (-1,66%)

End-of-day quote: 03/26/2026

Travel + Leisure Stock Value

Analysts currently give NYSE:TNL a rating of Buy.

Buy

Travel + Leisure Company Info

EPS Growth 5Y

54,29%

Market Cap

$4,41 B

Long-Term Debt

$4,70 B

Short Interest

4,90%

Annual earnings

N/A

Dividend

$2,36

Dividend Yield

3,34%

Founded

1990

Industry

Consumer Discretionary

Country

United States

ISIN Number

US8941641024

Website

http://www.travelandleisureco.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$86,50

22.37%

Last Update: 03/26/2026

Analysts: 12

Highest Price Target $107,00

Average Price Target $86,50

Lowest Price Target $78,00

In the last five quarters, Travel + Leisure’s Price Target has risen from $35,97 to $59,54 - a 65,53% increase. Nine analysts predict that Travel + Leisure’s share price will increase in the coming year, reaching $86,50. This would represent an increase of 22,37%.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Travel + Leisure do?

Travel + Leisure Co. operates as a vacation ownership and membership travel company. The company provides vacation experiences and travel inspiration to millions of owners, members, and subscribers through its diverse portfolio of products and services. Travel + Leisure Co. has the following segments: Vacation Ownership includes the vacation ownership business with 809,000 owners and more than 270 vacation club resort locations. The company provides vacation ownership experiences under some of...

Travel + Leisure Co. has the following segments:

Vacation Ownership includes the vacation ownership business with 809,000 owners and more than 270 vacation club resort locations. The company provides vacation ownership experiences under some of the most popular hospitality and leisure brands, including Club Wyndham, Margaritaville Vacation Club, and Accor Vacation Club. The business is developing a new experiential product celebrating the Sports Illustrated brand in the U.S.

Travel and Membership includes the company’s Exchange and Travel Club business lines. RCI is the world’s largest exchange company with 3.4 million members and 3,600 affiliated resorts in its network. Its Travel Club business line includes: RCI travel club, which seeks to capture a greater share of its members non-exchange travel budgets; and business-to-business (‘B2B’) travel clubs, which offer private-label solutions to associations, organizations, and other closed user groups.

Strategy

The company focuses on leisure travel. Its strategy is to accelerate the growth of its global businesses by broadening the strength of its cornerstone timeshare business through a multi-brand expansion strategy, and its exchange businesses by creating depth of leisure travel products and services through growth of travel clubs. The key pillars to the company’s strategies are to enhance its upgrade pipeline through the addition of new owners; maximize its relationship with Wyndham Hotels; and adding leisure or hospitality brands to its existing portfolio.

Business Descriptions

In 2024, the company generated 45% of its revenues from the sale of vacation ownership interests, 42% from its fee-for-service revenue streams, 12% from its consumer financing revenue stream, and 1% from other ancillary revenue streams.

The company’s businesses have both domestic and international operations. During 2024, the company derived 88% of its revenues in the United States (‘U.S.’) and 12% internationally.

Vacation Ownership

The company’s Vacation Ownership reportable segment is substantially consisted of the vacation ownership product lines: Club Wyndham, WorldMark by Wyndham, Margaritaville Vacation Club, and Accor Vacation Club; and is the vacation ownership business based on number of resorts and owners. It develops and acquires vacation ownership resorts, markets and sells VOIs, provides consumer financing for the majority of the vacation ownership interest (VOI) sales, and provides property management services to property owners’ associations. As of December 31, 2024, the company had more than 270 vacation ownership resorts in the U.S., Canada, Mexico, the Caribbean, and the Asia Pacific that represent 27,700 individual vacation ownership units and 809,000 owners of VOIs. The company’s programs allow it to market and sell its vacation ownership products in variable quantities and to offer existing owners ‘upgrade’ sales to supplement their existing VOIs.

In 2023, the company introduced a new concept for a network of sports-themed resort and lifestyle complexes in popular college towns and leisure destinations under the Sports Illustrated Resorts brand. It is still early in the development of the Sports Illustrated Resorts portfolio.

Sales and Marketing

The company employs a variety of marketing channels to encourage prospective owners of VOIs to tour its properties and attend sales presentations at its resort-based sales centers, as well as offsite sales offices. The company’s resort-based sales centers also enable it to actively solicit upgrade sales to existing owners of VOIs while they vacation at its resorts. Additionally, it operates telesales and virtual sales programs designed to reach and solicit upgrade sales to existing owners it was not able to market to during their vacations.

The company’s marketing and sales activities are often facilitated through marketing alliances with other travel, hospitality, entertainment, gaming, and retail companies that provide access to such companies’ customers through a variety of co-branded marketing offers. Its resort-based sales centers, which are located in popular travel destinations throughout the U.S., generate substantial tour flow by enabling it to market to tourists already visiting these destinations. The company’s marketing agents, who often operates on the premises of the hospitality, entertainment, gaming, and retail companies with which it has alliances, solicit tourists with offers relating to entertainment activities and other incentives in exchange for the tourists visiting the local resorts and attending sales presentations.

Consumer Financing

The company offers financing to purchasers of VOIs, which attracts additional customers and generates substantial incremental revenues and profits. Domestically, it funds and service loans through its wholly-owned consumer financing subsidiary, Wyndham Consumer Finance. Wyndham Consumer Finance performs loan financing, servicing, and related administrative functions, including customer service, billing, and collection activities.

Property Management

On behalf of each of the property owners’ associations, the company or its affiliates generally provides day-to-day management for vacation ownership resorts, which includes oversight of housekeeping services, maintenance, and refurbishment of the units, and provide certain accounting and administrative services to property owners’ associations. The initial terms of the property management agreements are generally between three to five years; however, the vast majority of the agreements provide a mechanism for an automatic one year renewal upon expiration of the terms.

Seasonality

The company relies, in part, upon tour flow to generate sales of VOIs; consequently, sales volume tends to increase in the spring and summer months as a result of greater tour flow from travelers, generally resulting in higher revenue from sales of VOIs in the third quarter than in other quarters (year ended December 2024).

Travel and Membership

The company’s Travel and Membership segment consists of Exchange and Travel Club business lines.

Within Exchange, the company operates RCI, the world’s largest vacation exchange network based on the number of members and affiliated resorts. Through its collection of vacation exchange brands, the company has 3.4 million paid member families.

The company’s vacation exchange business has relationships with affiliated vacation ownership resorts in 101 countries and territories located in North America, Latin America, the Caribbean, Europe, the Middle East, Africa, and the Asia Pacific.

Strategy

The key strategies followed by the company is to expand and enhance its products and services to increase wallet share, transaction propensity, and retention within its member base; and expand B2B travel solutions.

Sales and Marketing

In the exchange business, the company affiliates with vacation ownership developers directly through its in-house sales teams. Affiliated vacation ownership developers sign agreements that have an average duration of five years. Its vacation exchange members are acquired primarily through the company’s affiliated developers as part of the vacation ownership purchase process. The company acquires a small percentage of its members directly from online channels.

Travel clubs collaborate with affinity groups outside of the vacation ownership industry. The company distributes its products and services through proprietary websites and call centers around the world.

Seasonality

The company’s revenues from vacation exchange fees have traditionally been higher in the first quarter (year ended December 31, 2024), which is generally when its vacation exchange members plan and book their vacations for the year ended December 2024.

Intellectual Property

The company actively uses or licenses for use all significant marks and domain names, and it owns or has exclusive licenses to use these marks and domain names. In connection with the Spin-off, the company entered into a license, development, and noncompetition agreement with Wyndham Hotels, which, among other things, granted to Travel + Leisure Co. the right to use the ‘Wyndham’ trademark, ‘The Registry Collection’ trademark, and certain other trademarks and intellectual property in its business.

Government Regulation

Some laws, regulations, and policies impact multiple areas of the company’s business, such as securities, anti-discrimination, anti-fraud, data protection and security and anti-corruption, and bribery laws and regulations or government economic sanctions, including applicable regulations under the U.S. Treasury’s Office of Foreign Asset Control and the U.S. Foreign Corrupt Practices Act (‘FCPA’).

The company is generally subject to laws and regulations applicable to real estate development, subdivision, and construction activities, such as laws relating to zoning, land use restrictions, environmental regulation, accessibility, title transfers, title insurance, and taxation. In the U.S., these include the Fair Housing Act and the Americans with Disabilities Act of 1990, and the Accessibility Guidelines promulgated thereunder.

A wide variety of laws and regulations govern the company’s sales and marketing activities, including regulations implementing the USA PATRIOT Act, Foreign Investment In Real Property Tax Act, the federal Interstate Land Sales Full Disclosure Act and fair housing statutes, the U.S. Federal Trade Commission and states’ ‘Little FTC Acts’ and other regulations governing unfair, deceptive or abusive acts or practices, including unfair or deceptive trade practices and unfair competition, state attorney general regulations, anti-fraud laws, prize, gift and sweepstakes laws, laws governing discount sales and buying clubs, real estate, title agency or insurance and other licensing or registration laws and regulations, anti-money laundering, consumer information privacy and security, breach notification, information sharing, telemarketing and email marketing laws, home solicitation sales laws, tour operator laws, lodging certificate and seller of travel laws, securities laws, subscription laws, and other consumer protection laws.

History

The company was founded in 1990. It was incorporated in 2003. The company was formerly known as Wyndham Destinations, Inc. and changed its name to Travel + Leisure Co. in 2021.

Travel + Leisure Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Timesharing: approx. 70% - Travel club memberships: approx. 20% - Other services: approx. 10% **TOP 3 markets and their percentage shares:** - USA: approx. 60% - Europe: approx. 20% - Asia-Pacific: approx. 10% Travel + Leisure Co. generates the majority of i...

At which locations are the company’s products manufactured?

**Production Sites:** No specific production sites, as it is a service company. Travel + Leisure Co. primarily operates in the leisure and travel industry, offering services such as timesharing, vacation resorts, and travel content. The company does not produce physical products, but focuses on pro...

What strategy does Travel + Leisure pursue for future growth?

**Revenue Growth:** Estimated 8-10% annually (2025) **Profit Growth:** Estimated 7-9% annually (2025) Travel + Leisure Co. pursues a growth strategy that heavily focuses on expanding its timeshare and travel club offerings. The company is investing in growing its membership base and enhancing its...

Which raw materials are imported and from which countries?

**Commodities/Materials:** No specific commodities **Main countries:** No specific countries Travel + Leisure Co. is a company specializing in the travel and leisure segment, particularly through timesharing and travel club memberships. Since Travel + Leisure Co.'s business model is mainly se...

How strong is the company’s competitive advantage?

**Market share:** 12% (2024, estimate) **EBITDA margin:** 25% (2024) **Customer satisfaction:** 85% (2024, survey) Travel + Leisure Co. has a significant competitive advantage in the travel and leisure industry, which is manifested by a stable market share of about 12%. The EBITDA margin of 2...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 85% (estimated for 2025 based on previous trends) **Insider Buys/Sells:** No significant transactions in the last year (estimated for 2025) The institutional investor share in Travel + Leisure Co. is traditionally high, indicating the trust of large...

What percentage market share does Travel + Leisure have?

**Market share of Travel + Leisure Co.:** Estimate 5% (2025) **Main competitors and their market share:** 1. **Booking Holdings Inc. (NASDAQ: BKNG):** Estimate 20% 2. **Expedia Group Inc. (NASDAQ: EXPE):** Estimate 15% 3. **Airbnb Inc. (NASDAQ: ABNB):** Estimate 12% 4. **Trip.com Group Ltd. (NASDAQ...

Is Travel + Leisure stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **Profit Growth:** 10.2% (2024) **Market Share in the Travel and Leisure Segment:** 12% (2024) Travel + Leisure Co. recorded a revenue growth of 8.5% in 2024, driven by strong demand in the travel and leisure segment. The company has strengthened its market position...

Does Travel + Leisure pay a dividend – and how reliable is the payout?

**Dividend Yield:** 3.5% (estimated for 2025) **Dividend History:** Continuous payout over the last 5 years Travel + Leisure Co. (NYSE:TNL) has been paying a consistent dividend in recent years, indicating a reliable payout policy. The estimated dividend yield of 3.5% for 2025 is based on current...

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Travel + Leisure Stock Value

Travel + Leisure Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Travel + Leisure do?

Travel + Leisure Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Travel + Leisure Stock Value

Travel + Leisure Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Travel + Leisure do?

Travel + Leisure Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.