Travel + Leisure(TNL) - 2025 Q1 - Quarterly Results
Exhibit 99.1 Travel + Leisure Co. Reports First Quarter 2025 Results Vacation Ownership revenue increased 4% to $755 million in the first quarter of 2025 compared to the same period in the prior year. Net vacation ownership interest (VOI) sales increased 4% year over year despite a higher provision rate. Gross VOI sales increased 4% driven by a 6% increase in VPG partially offset by a 1% decrease in tours. First quarter adjusted EBITDA was $159 million compared to $135 million in the prior year period, due ...