Travel + Leisure CEO on Leisure Travel Trends and Company Performance

Leisure Travel Demand

• 💡 Leisure consumers are showing a strong desire to continue traveling, benefiting companies like Travel + Leisure.
• 🔑 With nearly 80% of their 800,000 member owner base having already paid for their ownership, there's a high propensity for them to travel.
• 📈 Demand remained strong in Q3, with a 90-day booking window indicating continued strength into Q4.

Travel Industry Resilience

• 📊 The travel industry, particularly leisure travel, is one of the last things people give up and the first to return to after tough economic times.
• ⚠️ Even in high inflationary periods, consumers see the value of their ownership, allowing them to vacation at a fraction of current hotel prices.
• 🚗 While there might be a slight shift towards drive-to destinations over fly-to, overall consumer leisure travel is not showing signs of weakening.

Popular Travel Destinations

• ⛰️ The Smoky Mountains of Tennessee have seen especially high demand, serving as a popular regional drive-to destination.
• 🏖️ Southeast beach destinations and the California coast were also highly popular locations over the summer.
• 🚢 Looking ahead, cruises are anticipated to be a significant trend in 2026.

Company Performance and Brands

• 🚀 Travel + Leisure Co. is focused 100% on leisure travel, with vacation ownership brands including Wyndham, Accor, Sports Illustrated, and Margaritaville.
• 📈 The company's stock has surged, reflecting better-than-expected earnings and a full-year guidance hike due to increased vacation ownership and spending in Q3.