Travel + Leisure (TNL) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Travel + Leisure Revenue Highlights

Latest Revenue (Y)

$3.86B

Latest Revenue (Q)

$1.02B

Main Segment (Y)

Vacation Ownership Interest Sales

Main Geography (Y)

UNITED STATES

Travel + Leisure Revenue by Period

Travel + Leisure Revenue by Year

Date	Revenue	Change
2024-12-31	$3.86B	3.04%
2023-12-31	$3.75B	5.13%
2022-12-31	$3.57B	13.82%
2021-12-31	$3.13B	45.09%
2020-12-31	$2.16B	-46.57%
2019-12-31	$4.04B	2.85%
2018-12-31	$3.93B	-22.56%
2017-12-31	$5.08B	-9.34%
2016-12-31	$5.60B	1.14%
2015-12-31	$5.54B	4.83%
2014-12-31	$5.28B	5.43%
2013-12-31	$5.01B	10.48%
2012-12-31	$4.53B	6.58%
2011-12-31	$4.25B	10.46%
2010-12-31	$3.85B	2.69%
2009-12-31	$3.75B	-12.40%
2008-12-31	$4.28B	-1.81%
2007-12-31	$4.36B	13.48%
2006-12-31	$3.84B	15.20%
2005-12-31	$3.33B	10.65%
2004-12-31	$3.01B	13.65%
2003-12-31	$2.65B	18.34%
2002-12-31	$2.24B	44.02%
2001-12-31	$1.56B	-

Travel + Leisure generated $3.86B in revenue during NA 2024, up 3.04% compared to the previous quarter, and up 95.57% compared to the same period a year ago.

Travel + Leisure Revenue by Quarter

Date	Revenue	Change
2025-06-30	$1.02B	8.99%
2025-03-31	$934.00M	-3.81%
2024-12-31	$971.00M	-2.22%
2024-09-30	$993.00M	0.81%
2024-06-30	$985.00M	7.53%
2024-03-31	$916.00M	-2.14%
2023-12-31	$936.00M	-5.07%
2023-09-30	$986.00M	3.90%
2023-06-30	$949.00M	7.96%
2023-03-31	$879.00M	-2.22%
2022-12-31	$899.00M	-4.06%
2022-09-30	$937.00M	1.63%
2022-06-30	$922.00M	13.97%
2022-03-31	$809.00M	-7.01%
2021-12-31	$870.00M	3.69%
2021-09-30	$839.00M	5.27%
2021-06-30	$797.00M	26.91%
2021-03-31	$628.00M	-2.64%
2020-12-31	$645.00M	5.05%
2020-09-30	$614.00M	79.01%
2020-06-30	$343.00M	-38.53%
2020-03-31	$558.00M	-43.12%
2019-12-31	$981.00M	-11.22%
2019-09-30	$1.10B	6.35%
2019-06-30	$1.04B	13.18%
2019-03-31	$918.00M	-3.97%
2018-12-31	$956.00M	-9.98%
2018-09-30	$1.06B	5.46%
2018-06-30	$1.01B	-15.38%
2018-03-31	$1.19B	-4.49%
2017-12-31	$1.25B	-23.51%
2017-09-30	$1.63B	10.14%
2017-06-30	$1.48B	12.13%
2017-03-31	$1.32B	-0.08%
2016-12-31	$1.32B	-16.08%
2016-09-30	$1.57B	12.12%
2016-06-30	$1.40B	7.67%
2016-03-31	$1.30B	-0.69%
2015-12-31	$1.31B	-16.11%
2015-09-30	$1.56B	11.87%
2015-06-30	$1.40B	10.78%
2015-03-31	$1.26B	2.52%
2014-12-31	$1.23B	-18.69%
2014-09-30	$1.51B	12.73%
2014-06-30	$1.34B	12.57%
2014-03-31	$1.19B	-0.17%
2013-12-31	$1.20B	-16.26%
2013-09-30	$1.43B	13.89%
2013-06-30	$1.25B	10.59%
2013-03-31	$1.13B	3.56%
2012-12-31	$1.09B	-13.52%
2012-09-30	$1.26B	11.06%
2012-06-30	$1.14B	9.94%
2012-03-31	$1.04B	3.50%
2011-12-31	$1.00B	-17.41%
2011-09-30	$1.21B	11.19%
2011-06-30	$1.09B	14.50%
2011-03-31	$952.00M	1.60%
2010-12-31	$937.00M	-12.02%
2010-09-30	$1.06B	10.59%
2010-06-30	$963.00M	8.69%
2010-03-31	$886.00M	-2.96%
2009-12-31	$913.00M	-10.14%
2009-09-30	$1.02B	10.43%
2009-06-30	$920.00M	2.11%
2009-03-31	$901.00M	-1.10%
2008-12-31	$911.00M	-25.69%
2008-09-30	$1.23B	8.30%
2008-06-30	$1.13B	11.86%
2008-03-31	$1.01B	-1.94%
2007-12-31	$1.03B	-

Travel + Leisure generated $1.02B in revenue during Q2 2025, up 8.99% compared to the previous quarter, and up 111.14% compared to the same period a year ago.

Travel + Leisure Revenue Breakdown

Travel + Leisure Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Ancillary Revenues	$2.00M	$5.00M	-	-	-
Vacation Ownership Interest Sales	$1.72B	$1.58B	$505.00M	-	-
Eliminations	$-4.00M	$-7.00M	-	-	-
Other Exchange-Related Revenue	-	-	$50.00M	$56.00M	$55.00M
VOI Trial Package Revenue	-	-	$94.00M	$82.00M	$115.00M
Other Products and Services	-	-	$3.00M	$3.00M	$8.00M
Subscription Revenue	-	-	$95.00M	$96.00M	$105.00M
Credit Card	-	-	$3.00M	$3.00M	$4.00M
VOI Incentive Revenue	-	-	$70.00M	$55.00M	$74.00M
Service and Membership Fees	-	-	-	-	$1.14B
Other Revenue	-	-	-	-	$49.00M
Consumer Financing	-	-	-	-	$467.00M

Travel + Leisure's latest annual revenue breakdown by segment (product or service), as of Dec 24: Vacation Ownership Interest Sales (100.12%), Ancillary Revenues (0.12%), and Eliminations (-0.23%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Vacation Ownership Interest Sales	$474.00M	$384.00M	$825.00M	$455.00M	$441.00M	$1.15B	$433.00M	$366.00M	$172.00M	$232.00M	$196.00M	$-13.00M	$90.00M	-	-	-	-	-	-	-
Consumer Financing	$112.00M	$112.00M	$114.00M	$111.00M	$107.00M	$100.00M	$98.00M	$107.00M	$115.00M	$119.00M	$127.00M	-	-	-	-	-	-	-	-	-
Eliminations	$-2.00M	$-2.00M	-	$-1.00M	-	-	$-1.00M	$-1.00M	-	-	-	-	-	-	-	-	-	-	-	-
Ancillary Revenues	$1.00M	$1.00M	-	$1.00M	$1.00M	$1.00M	$1.00M	$3.00M	-	-	-	-	-	-	-	-	-	-	-	-
Vacation Ownership	$853.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Travel and Membership	$166.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
VOI Trial Package Revenue	-	-	-	-	-	-	-	$109.00M	$99.00M	$88.00M	$83.00M	$81.00M	$88.00M	$101.00M	$109.00M	$126.00M	$141.00M	$144.00M	-	-
Credit Card	-	-	-	-	-	-	-	$3.00M	$3.00M	$3.00M	$3.00M	$3.00M	$3.00M	$3.00M	$3.00M	$4.00M	$3.00M	$4.00M	-	-
Other Exchange-Related Revenue	-	-	-	-	-	-	-	$56.00M	$56.00M	$53.00M	$55.00M	$58.00M	$60.00M	$59.00M	$59.00M	$58.00M	$68.00M	$72.00M	-	-
Subscription Revenue	-	-	-	-	-	-	-	$97.00M	$99.00M	$95.00M	$98.00M	$101.00M	$100.00M	$106.00M	$107.00M	$111.00M	$115.00M	$121.00M	-	-
VOI Incentive Revenue	-	-	-	-	-	-	-	$76.00M	$74.00M	$66.00M	$60.00M	$56.00M	$57.00M	$61.00M	$66.00M	$89.00M	$101.00M	$105.00M	-	-
Other Products and Services	-	-	-	-	-	-	-	-	$3.00M	$3.00M	$5.00M	$4.00M	$2.00M	$3.00M	$3.00M	$8.00M	$13.00M	$10.00M	-	-
Service and Membership Fees	-	-	-	-	-	-	-	-	-	-	-	-	$388.00M	$348.00M	$294.00M	$291.00M	$227.00M	$327.00M	-	-
Other Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$16.00M	$10.00M	$12.00M	$12.00M	$10.00M	$14.00M	-	-
Reimbursement Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$69.00M	-	-	-	-
Management Fee Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$85.00M	-	-	-	-

Travel + Leisure's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Vacation Ownership (53.18%), Vacation Ownership Interest Sales (29.55%), Travel and Membership (10.35%), Consumer Financing (6.98%), Ancillary Revenues (0.06%), and Eliminations (-0.12%).

Travel + Leisure Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
UNITED STATES	$3.40B	$3.32B	$3.17B	$2.75B	$1.90B
All Other Countries	$460.00M	$430.00M	$401.00M	$381.00M	$256.00M

Travel + Leisure's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (88.10%), and All Other Countries (11.90%).

Travel + Leisure Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PVH	PVH	$8.65B	$2.17B
RUSHA	Rush Enterprises	$7.93B	$1.93B
KBH	KB Home	$6.41B	$1.62B
ASO	Academy Sports and Outdoors	$5.93B	$1.60B
SON	Sonoco Products	$5.31B	$1.91B
HGV	Hilton Grand Vacations	$4.98B	$1.27B
MHO	M/I Homes	$4.50B	$1.16B
TNL	Travel + Leisure	$3.86B	$1.02B
SKY	Champion Homes	$2.02B	$701.32M
CVCO	Cavco Industries	$1.79B	$522.04M
CHH	Choice Hotels	$1.58B	$426.44M

TNL Revenue FAQ

What is Travel + Leisure’s yearly revenue?

Travel + Leisure's yearly revenue for 2024 was $3.86B, representing an increase of 3.04% compared to 2023. The company's yearly revenue for 2023 was $3.75B, representing an increase of 5.13% compared to 2022. TNL's yearly revenue for 2022 was $3.57B, representing an increase of 13.82% compared to 2021.

What is Travel + Leisure’s quarterly revenue?

Travel + Leisure's quarterly revenue for Q2 2025 was $1.02B, a 8.99% increase from the previous quarter (Q1 2025), and a 3.35% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $934M, a -3.81% decrease from the previous quarter (Q4 2024), and a 1.97% increase year-over-year (Q1 2024). TNL's quarterly revenue for Q4 2024 was $971M, a -2.22% decrease from the previous quarter (Q3 2024), and a 3.74% increase year-over-year (Q4 2023).

What is Travel + Leisure’s revenue growth rate?

Travel + Leisure's revenue growth rate for the last 3 years (2022-2024) was 8.33%, and for the last 5 years (2020-2024) was 78.89%.

What are Travel + Leisure’s revenue streams?

Travel + Leisure's revenue streams in c 24 are Ancillary Revenues, Vacation Ownership Interest Sales, and Eliminations. Ancillary Revenues generated $2M in revenue, accounting 0.12% of the company's total revenue, down -60.00% year-over-year. Vacation Ownership Interest Sales generated $1.72B in revenue, accounting 100.12% of the company's total revenue, up 8.79% year-over-year. Eliminations generated $-4M in revenue, accounting -0.23% of the company's total revenue, down -42.86% year-over-year.

What is Travel + Leisure’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Travel + Leisure was Vacation Ownership Interest Sales. This segment made a revenue of $1.72B, representing 100.12% of the company's total revenue.