Travel + Leisure Co. Reports Fourth Quarter and Full-Year 2025 Results and Provides 2026 Outlook

Core Insights - Travel + Leisure Co. reported a net revenue of $1.03 billion for Q4 2025, indicating a strong performance in the leisure travel sector [1] - The company experienced gross VOI sales of $638 million, which represents an 8% year-over-year increase, driven by a 5% growth in Tours and a 2% increase in Volume per guest (VPG) [1] - Despite the revenue growth, the company reported a net loss of $61 million for the quarter, translating to a diluted loss per share of $0.95, which included $210 million in inventory write-downs [1] Financial Performance - Q4 2025 net revenue: $1.03 billion [1] - Gross VOI sales: $638 million, up 8% year-over-year [1] - Tours growth: 5% [1] - Volume per guest (VPG) growth: 2% [1] - Net loss: $61 million, diluted loss per share: $0.95 [1] - Inventory write-downs: $210 million [1]