Travel + Leisure Co. is a prominent player in the travel and leisure industry, specializing in providing vacation ownership, hospitality, and travel services
The company operates a diverse portfolio that includes resort properties, travel clubs, and a range of travel-related offerings, catering to both individual travelers and families seeking memorable vacation experiences. By leveraging its well-known brand and extensive network, Travel + Leisure Co. aims to enhance the vacation experience through innovative options and personalized services, promoting a strong emphasis on leisure and adventure. Through its various programs, the company strives to create lasting connections and unforgettable moments for its customers around the world.
Most consumer discretionary businesses succeed or fail based on the broader economy. Thankfully for the industry, demand trends seem to be healthy as discretionary stocks have gained 4% over the past six months.
This performance has nearly mirrored the S&P 500.
Hospitality company Travel + Leisure (NYSETNL) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 3.9% year on year to $971 million. Its non-GAAP profit of $1.72 per share was 1.9% above analysts’ consensus estimates.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at travel and vacation providers stocks, starting with Carnival (NYSECCL).
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the travel and vacation providers industry, including Travel + Leisure (NYSETNL) and its peers.
Hospitality company Travel + Leisure (NYSETNL) fell short of the market’s revenue expectations in Q3 CY2024, with sales flat year on year at $993 million. Its GAAP profit of $1.39 per share was also 5.7% below analysts’ consensus estimates.
