Travel + Leisure Q3 Adjusted EPS Rises 23% as Revenue Grows 5%
Travel + Leisure Co. reported higher third-quarter 2026 financial results, with net revenue rising 5% year over year to $1.10 billion and adjusted EBITDA increasing 6% to $283 million. Adjusted diluted earnings per share grew 23% to $2.21. The company returned $111 million to shareholders via dividends and share repurchases and completed a $300 million term securitization on October 14, 2026. Strategic developments included brand expansions with Wyndham Hotels & Resorts, Sports Illustrated Resorts, and Eddie Bauer, though forward financial guidance and the specific fiscal impact of these initiatives remain unspecified.
Travel + Leisure Co. (NYSE: TNL) reported higher third-quarter 2026 revenue, gross VOI sales and adjusted EBITDA, while adjusted diluted earnings per share increased 23% from a year earlier.
For the three months ended Sept. 30, net revenue rose 5% year over year to $1.10 billion. Adjusted EBITDA increased 6% to $283 million, and gross VOI sales advanced 6% to $720 million. Tours were up 7% from the prior-year period, supporting the company’s vacation ownership activity.
Adjusted diluted earnings per share reached $2.21, representing the fastest growth among the headline financial measures disclosed in the presentation. The company noted that full financial data and reconciliations of non-GAAP measures are available in its third-quarter earnings release.
Travel + Leisure returned $111 million to shareholders during the quarter through dividends and share repurchases.
Brand and financing developments
The company expanded its partnership with Wyndham Hotels & Resorts to bring the Sports Illustrated Resorts concept to traditional hotels and mixed-use destinations. It also opened a Sports Illustrated Resorts property in Nashville and announced a second Eddie Bauer Adventure Club property, planned for Texas Hill Country outside Austin.
After the quarter ended, Travel + Leisure closed a $300 million term securitization on Oct. 14, 2026.
The presentation did not provide detailed forward financial guidance or quantify the expected contribution from the new properties and expanded partnership. As a result, the timing and financial impact of those initiatives remain unspecified.
This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.
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