{
  "schemaVersion": 1,
  "organisationId": "O-f65f01ad2ce94ea88ec933b25eaf0a57",
  "slug": "travel-leisure-co",
  "name": "Travel & Leisure Co.",
  "updatedAt": "2026-10-02T13:41:23.547122Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "Travel + Leisure Co. is a leisure-travel company focused on vacation ownership and travel and membership services. Its Vacation Ownership segment develops, sells, finances, and manages vacation ownership interests and resorts; its Travel and Membership segment includes vacation exchange, travel clubs, travel technology, and vacation rentals. The company’s stated mission is “to put the world on vacation.” [P111579979][P49018857][P163383754]\n\nIts brands include Club Wyndham and WorldMark in vacation ownership, and RCI and Travel + Leisure GO in travel and membership. Its resort footprint spans the U.S., Canada, Mexico, the Caribbean, and Asia Pacific. At year-end 2025, the company reported more than 280 resorts and 29,000 individual units; its 2025 presentation cited more than 19,000 associates worldwide. For scale, net revenues were $961 million in the first quarter of 2026. [P24192844][P81521193][P163383754][T11639250]\n[P111579979][P49018857][P163383754][P24192844][P81521193][T11639250]",
      "updatedAt": "2026-10-02T13:41:23.547122Z"
    },
    {
      "type": "PRODUCTS",
      "text": "Travel & Leisure Co. sells vacation ownership interests (VOIs), including new sales and upgrades, and offers consumer financing for most VOI purchases and property management for owners’ associations. Its vacation-ownership brands include Club Wyndham, WorldMark, Margaritaville Vacation Club, Sports Illustrated Resorts, Eddie Bauer Adventure Club, and Accor Vacation Club. At year-end 2025, this portfolio comprised more than 280 resorts and 29,000 units, serving 797,000 owner families. [P24192844]\n\nIts exchange and travel products include RCI, which allows timeshare owners to exchange intervals for stays at affiliated resorts; RCI also offers some members access to other leisure services and products. The company reported 3.3 million RCI members and 3,600 affiliated resorts. Other offerings include Travel + Leisure GO, Travel + Leisure For Business private-label travel-club solutions, and Extra Holidays; services also include travel technology platforms, memberships, direct-to-consumer rentals, and bookings for third-party accommodations. Travel + Leisure GO promotes preferred pricing, concierge insight, and recommendations. [P30692906][P81521193][P111579979][https://www.travelandleisureco.com/us/en/what-we-do/book]\n\nFor FY2025, reported revenue was $4.021 billion. VOI sales contributed $1.847 billion (45.9%); service and membership fees, $1.615 billion (40.2%); consumer financing, $454 million (11.3%); and other revenue, $105 million (2.6%). Percentages are calculated from reported revenue categories and total revenue. [T13756773]\n[P24192844][P30692906][P81521193][P111579979][https://www.travelandleisureco.com/us/en/what-we-do/book][T13756773][T13756773][T13756773][T13756773][T13756773][https://www.travelandleisureco.com/us/en/what-we-do/book]",
      "updatedAt": "2026-10-02T13:41:23.547122Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "At year-end 2025, Travel & Leisure Co.’s Vacation Ownership business operated more than 280 resorts across the United States, Canada, Mexico, the Caribbean, and Asia Pacific. It also had 194 marketing and sales offices, including 144 in the United States; the other 50 were across Australia, China, the Caribbean, Thailand, Mexico, Indonesia, Japan, Fiji, and New Zealand, with no allocation by market disclosed. [P24192844][P49967492]\n\nThe company’s principal executive office is in Orlando, Florida. Travel and Membership is also headquartered in Orlando, owns one property in Mexico, and has 17 leased offices across Europe, Latin America, Asia Pacific, North America, and Africa. The company reported 19,000 associates globally, but did not disclose their geographic distribution. [P29080868][P89438697][https://investor.travelandleisureco.com/news-events/press-releases/detail/902/forbes-honors-travel-leisure-co-as-one-of-americas-best-large-employers-in-2025] The 2025 Form 10-K does not provide revenue by country or region. [P49018857]\n[P24192844][P49967492][P29080868][P89438697][P49018857][https://www.sec.gov/Archives/edgar/data/1361658/000136165826000009/tnl-20251231.htm][https://investor.travelandleisureco.com/news-events/press-releases/detail/902/forbes-honors-travel-leisure-co-as-one-of-americas-best-large-employers-in-2025]",
      "updatedAt": "2026-10-02T13:41:23.547122Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Travel & Leisure Co. reports two business segments: Vacation Ownership and Travel and Membership. Vacation Ownership develops, markets, and sells vacation ownership interests, provides consumer financing, and manages resort properties. Travel and Membership comprises the Exchange and Travel Club business lines, covering vacation exchange, travel technology, travel memberships, and direct-to-consumer rentals. [P142018448]\n\nFor the six months ended June 30, 2026, Vacation Ownership generated $1.705 billion in external-customer revenue—about 84% of the two segments’ combined revenue—and $438 million in Adjusted EBITDA, about 80% of their combined segment Adjusted EBITDA. [T16235830] Travel and Membership generated $318 million in external-customer revenue, about 16% of the combined total, and $108 million in Adjusted EBITDA, about 20% of the combined segment total. [T16235830] The company also describes product brands and business lines within these segments, but the cited disclosures do not report separate revenue contributions for them. [P24192844][P81521193]\n[P142018448][T16235830][T16235830][T16235830][T16235830][P24192844][P81521193]",
      "updatedAt": "2026-10-02T13:41:23.547122Z"
    },
    {
      "type": "HISTORY",
      "text": "Travel & Leisure Co.’s vacation-ownership roots date to Fairfield’s first resort in Arkansas in 1966; RCI, the vacation-exchange business, was founded in 1974. Trendwest Resorts, later associated with the WorldMark brand, began operating in 1989. RCI became part of Hospitality Franchise Systems in 1996, and that company merged with CUC International in 1997 to form Cendant. [https://www.travelandleisureco.com/us/en/who-we-are/our-story] [https://www.rci.com/pre-rci/us/en/explore-rci/about-rci/overview/rci-milestones] [https://investor.travelandleisureco.com/company-info/faq]\n\nWyndham acquired Fairfield Resorts in 2001 and Trendwest Resorts in 2002. The corporate entity that later became Travel & Leisure Co. was incorporated as Cendant Hotel Group, Inc. in 2003. In 2006, Cendant spun off Wyndham Worldwide as a public company, bringing its lodging, vacation-ownership, and exchange businesses together under that corporate lineage. [https://investor.travelandleisureco.com/sec-filings/annual-reports/content/0000950123-09-003581/0000950123-09-003581.pdf] [https://investor.travelandleisureco.com/company-info/faq]\n\nWyndham Vacation Ownership acquired Shell Vacations LLC in 2012, expanding its vacation-ownership business. In 2018, Wyndham Worldwide spun off Wyndham Hotels & Resorts and became Wyndham Destinations. In January 2021, Wyndham Destinations acquired the Travel + Leisure brand and related assets from Meredith Corporation; the company adopted the Travel + Leisure Co. name the following month. [https://www.prnewswire.com/news-releases/wyndham-vacation-ownership-acquires-shell-vacations-llc-169750326.html] [https://investor.travelandleisureco.com/news-events/press-releases/detail/231/wyndham-worldwide-completes-spin-off-of-wyndham-hotels-resorts-becomes-wyndham-destinations] [https://investor.travelandleisureco.com/news-events/press-releases/detail/17/wyndham-destinations-acquires-travel-leisure-brand-from-meredith-corporation-in-strategic-alliance-wyndham-destinations-to-be-renamed-travel-leisure-co] [https://investor.travelandleisureco.com/news-events/press-releases/detail/15/wyndham-destinations-announces-date-for-name-change-and-conference-call-to-report-fourth-quarter-and-full-year-2020-results]\n[https://www.travelandleisureco.com/us/en/who-we-are/our-story][https://www.rci.com/pre-rci/us/en/explore-rci/about-rci/overview/rci-milestones][https://investor.travelandleisureco.com/company-info/faq][https://investor.travelandleisureco.com/sec-filings/annual-reports/content/0000950123-09-003581/0000950123-09-003581.pdf][https://www.prnewswire.com/news-releases/wyndham-vacation-ownership-acquires-shell-vacations-llc-169750326.html][https://investor.travelandleisureco.com/news-events/press-releases/detail/231/wyndham-worldwide-completes-spin-off-of-wyndham-hotels-resorts-becomes-wyndham-destinations][https://investor.travelandleisureco.com/news-events/press-releases/detail/17/wyndham-destinations-acquires-travel-leisure-brand-from-meredith-corporation-in-strategic-alliance-wyndham-destinations-to-be-renamed-travel-leisure-co][https://investor.travelandleisureco.com/news-events/press-releases/detail/15/wyndham-destinations-announces-date-for-name-change-and-conference-call-to-report-fourth-quarter-and-full-year-2020-results]",
      "updatedAt": "2026-10-02T13:41:23.547122Z"
    }
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