The latest update is out from Travel + Leisure Co ( (TNL) ).
Travel + Leisure Co. reported robust third-quarter 2024 financial results, with a net income of $97 million and adjusted EBITDA of $242 million, indicating solid demand for their vacation ownership products. The company returned $105 million to shareholders and anticipates strong momentum in its Vacation Ownership segment to continue into 2025, despite challenges like interest rate headwinds. With a focus on disciplined cost management and strategic growth, Travel + Leisure Co. aims to bolster its financial performance and shareholder value.
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