Travel + Leisure Shares Fall After 1Q Travel-and-Membership Revenue Slips

Dow Jones

04/23

By Christopher Kuo

Travel + Leisure shares slid after its first-quarter travel-and-membership revenue sharply decreased.

Shares of the travel company fell 14% on Wednesday to $65.81, on pace for its largest percent decrease since 2020. Its shares are down 6.4% year to date.

The company said its travel-and-membership revenue dropped 8% in the first quarter to $165 million, driven by a 10% decrease in revenue per transaction and flat transaction volume. The company also expects a continued decline in travel-and-membership revenue in 2026, it said on a call with analysts.

Overall first-quarter revenue came to $961 million, compared with $934 million a year earlier.

Net income for the quarter was $79 million, or $1.22 a share, compared with $73 million, or $1.07 a share, a year earlier.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

April 22, 2026 14:44 ET (18:44 GMT)

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Its shares are down 6.4% year to date. \n</p>\n<p>\n  The company said its travel-and-membership revenue dropped 8% in the first quarter to $165 million, driven by a 10% decrease in revenue per transaction and flat transaction volume. The company also expects a continued decline in travel-and-membership revenue in 2026, it said on a call with analysts. \n</p>\n<p>\n  Overall first-quarter revenue came to $961 million, compared with $934 million a year earlier. \n</p>\n<p>\n  Net income for the quarter was $79 million, or $1.22 a share, compared with $73 million, or $1.07 a share, a year earlier. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Christopher Kuo at chris.kuo@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2026 14:44 ET (18:44 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TNL","symbol_name":"Travel Plus Leisure Co.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2629302419","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629302419","pubTimestamp":1776883440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Travel + Leisure shares slid after its first-quarter travel-and-membership revenue sharply decreased.Shares of the travel company fell 14% on Wednesday to $65.81, on pace for its largest percent decrease since 2020. 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Its shares are down 6.4% year to date. \n\n\n  The company said its travel-and-membership revenue dropped 8% in the first quarter to $165 million, driven by a 10% decrease in revenue per transaction and flat transaction volume. 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