Travel + Leisure (TNL) Revenue & Revenue Breakdown

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Travel + Leisure Revenue Highlights

Latest Revenue (Y)

$4.02B

Latest Revenue (Q)

$511.00M

Main Segment (Y)

Vacation Ownership

Main Geography (Y)

UNITED STATES

Travel + Leisure Revenue by Period

Travel + Leisure Revenue by Year

Date	Revenue	Change
2025-12-31	$4.02B	4.06%
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	-46.56%
2019-12-31	$4.04B	2.82%
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 $4.02B in revenue during NA 2025, up 4.06% compared to the previous quarter, and up 186.16% compared to the same period a year ago.

Travel + Leisure Revenue by Quarter

Date	Revenue	Change
2025-09-30	$511.00M	-49.80%
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 $511.00M in revenue during Q3 2025, up -49.80% compared to the previous quarter, and up 51.88% 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 25	Dec 24	Dec 23	Dec 22	Dec 21
Travel and Membership	$662.00M	$695.00M	-	-	-
Vacation Ownership	$3.36B	$3.17B	-	-	-
Eliminations	-	$-4.00M	$-7.00M	-	-
Ancillary Revenues	-	$2.00M	$5.00M	-	-
Vacation Ownership Interest Sales	-	$1.72B	$1.58B	-	-
Subscription Revenue	-	-	-	$95.00M	$96.00M
Other Exchange-Related Revenue	-	-	-	$50.00M	$56.00M
Credit Card	-	-	-	$3.00M	$3.00M
VOI Trial Package Revenue	-	-	-	$94.00M	$82.00M
VOI Incentive Revenue	-	-	-	$70.00M	$55.00M
Other Products and Services	-	-	-	$3.00M	$3.00M

Travel + Leisure's latest annual revenue breakdown by segment (product or service), as of Dec 25: Vacation Ownership (83.54%), and Travel and Membership (16.46%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	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
Vacation Ownership	$877.00M	$876.00M	$853.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Travel and Membership	$147.00M	$169.00M	$166.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-
Consumer Financing	-	-	$112.00M	$112.00M	$114.00M	$111.00M	$107.00M	$100.00M	$98.00M	$107.00M	$115.00M	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-
Other Exchange-Related Revenue	-	-	-	-	-	-	-	-	-	$56.00M	$56.00M	$53.00M	$55.00M	$58.00M	$60.00M	$59.00M	$59.00M	$58.00M	-	-
Credit Card	-	-	-	-	-	-	-	-	-	$3.00M	$3.00M	$3.00M	$3.00M	$3.00M	$3.00M	$3.00M	$3.00M	$4.00M	-	-
Subscription Revenue	-	-	-	-	-	-	-	-	-	$97.00M	$99.00M	$95.00M	$98.00M	$101.00M	$100.00M	$106.00M	$107.00M	$111.00M	-	-
VOI Incentive Revenue	-	-	-	-	-	-	-	-	-	$76.00M	$74.00M	$66.00M	$60.00M	$56.00M	$57.00M	$61.00M	$66.00M	$89.00M	-	-
VOI Trial Package Revenue	-	-	-	-	-	-	-	-	-	$109.00M	$99.00M	$88.00M	$83.00M	$81.00M	$88.00M	$101.00M	$109.00M	$126.00M	-	-
Other Products and Services	-	-	-	-	-	-	-	-	-	-	$3.00M	$3.00M	$5.00M	$4.00M	$2.00M	$3.00M	$3.00M	$8.00M	-	-
Other Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$16.00M	$10.00M	$12.00M	$12.00M	-	-
Service and Membership Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$388.00M	$348.00M	$294.00M	$291.00M	-	-
Reimbursement Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$69.00M	-	-
Management Fee Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$85.00M	-	-

Travel + Leisure's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Vacation Ownership (85.64%), and Travel and Membership (14.36%).

Travel + Leisure Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Non-US	$476.00M	-	-	-	-
UNITED STATES	$3.54B	$3.40B	$3.32B	$3.17B	$2.75B
All Other Countries	-	$460.00M	$430.00M	$401.00M	$381.00M

Travel + Leisure's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (88.16%), and Non-US (11.84%).

Travel + Leisure Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PVH	PVH	$8.65B	$2.29B
SON	Sonoco Products	$7.52B	$2.13B
RUSHA	Rush Enterprises	$7.43B	$1.88B
SLGN	Silgan	$6.48B	$2.01B
KBH	KB Home	$6.24B	$1.62B
EAT	Brinker	$5.38B	$1.45B
TNL	Travel + Leisure	$4.02B	$511.00M
KTB	Kontoor Brands	$3.15B	$853.22M
DORM	Dorman Products	$2.13B	$543.74M
CVCO	Cavco Industries	$1.79B	$556.53M
CHH	Choice Hotels	$1.60B	$447.34M

TNL Revenue FAQ

What is Travel + Leisure’s yearly revenue?

Travel + Leisure's yearly revenue for 2025 was $4.02B, representing an increase of 4.06% compared to 2024. The company's yearly revenue for 2024 was $3.86B, representing an increase of 3.04% compared to 2023. TNL's yearly revenue for 2023 was $3.75B, representing an increase of 5.13% compared to 2022.

What is Travel + Leisure’s quarterly revenue?

Travel + Leisure's quarterly revenue for Q3 2025 was $511M, a -49.80% decrease from the previous quarter (Q2 2025), and a -48.54% decrease year-over-year (Q3 2024). The company'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). TNL'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).

What is Travel + Leisure’s revenue growth rate?

Travel + Leisure's revenue growth rate for the last 3 years (2023-2025) was 7.23%, and for the last 5 years (2021-2025) was 28.30%.

What are Travel + Leisure’s revenue streams?

Travel + Leisure's revenue streams in c 25 are Travel and Membership, and Vacation Ownership. Travel and Membership generated $662M in revenue, accounting 16.46% of the company's total revenue, down -4.75% year-over-year. Vacation Ownership generated $3.36B in revenue, accounting 83.54% of the company's total revenue, up 5.99% year-over-year.

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

For the fiscal year ending Dec 25, the largest source of revenue of Travel + Leisure was Vacation Ownership. This segment made a revenue of $3.36B, representing 83.54% of the company's total revenue.