Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

TRAVEL + LEISURE CO.

(TNL)
  Report
Delayed Nyse  -  04:00:02 2023-02-07 pm EST
43.37 USD   +2.72%
09:11aThe guests invited to Biden's State of the Union address
RE
02/06Explainer-When is the State of the Union 2023? Date of Biden's address and what to expect
RE
02/03Jefferies Downgrades Travel + Leisure to Hold From Buy, Price Target is $49
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Wyndham Destinations Plans to Double Its Solar Capacity by End Of 2023

04/21/2022 | 08:57am EST

World’s largest vacation ownership business celebrates new solar installations that continue to drive alternative energy across portfolio of vacation ownership resorts

Wyndham Destinations, the world’s largest vacation ownership business as part of Travel + Leisure Co. (NYSE:TNL), today announced the completion of its latest solar installations and its commitment to further investments in alternative energy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220421005127/en/

Limetree Beach Resort by Club Wyndham in St. Thomas just completed installation of 408 solar panels at its beachside timeshare resort. (Photo: Business Wire)

Limetree Beach Resort by Club Wyndham in St. Thomas just completed installation of 408 solar panels at its beachside timeshare resort. (Photo: Business Wire)

The company recently turned on solar panels at its Limetree Beach Resort by Club Wyndham in St. Thomas, and is finishing installation at the WorldMark Clear Lake Resort in Nice, Calif., this spring. With the two new resorts online, the company will have an estimated annual solar output of more than nine million kilowatt hours at 19 properties across the U.S. that are powered by more than 18,000 solar panels.

As part of its Environmental, Social, and Governance (ESG) strategy, the company is planning to invest in opportunities to reduce water and energy usage across its portfolio of 245 resorts.

In addition, the company is installing water use reduction and leak detection technologies in guest suites that cut water use on average by 15-17%. Resort staff is working to have this equipment installed in as many as 25% of the Wyndham Destinations managed resort portfolio by the end of 2022.

In the Environmental Sustainability goals published in its 2021 ESG Report, the company is working to drive the following goals:

  • 20% renewable energy consumption of total electricity at our managed resorts by 2030
  • 40% reduction in greenhouse gas emissions by 2025 from a 2010 baseline
  • 35% reduction in water withdrawal per square foot by 2025 from a 2010 baseline

“In partnership with our home owners associations, we’re investing in environmentally sustainable operations to protect the beautiful destinations our members enjoy visiting,” said Geoff Richards, chief operating officer of Wyndham Destinations. “As a part of our responsible operations, we place a high value on protecting the environment and communities in which we live and operate.”

Wyndham Destinations’ vacation club resorts offer a more comfortable way to travel, with most suites featuring multiple bedrooms, fully equipped kitchens and relaxed living spaces. Guests who stay at Wyndham Destinations resorts will experience all the comforts and amenities of home while living their bucket lists – and, with 95% of the U.S. population living within 300 miles of nearly 200 Wyndham Destinations resorts, finding home-away-from-home accommodations in sought-after destinations is easier than ever.

About Wyndham Destinations

Wyndham Destinations is the world’s largest vacation ownership business with more than 245 vacation club resorts around the world that offer a contemporary take on the timeshare model. The brand portfolio -- featuring Club Wyndham®, WorldMark® by Wyndham, Margaritaville Vacation Club® by Wyndham, and Shell Vacations Club -- offers travelers the chance to own their vacation and explore places they’ve never visited before, year after year. More than 850,000 owners enjoy stays in a home away from home, featuring spacious suites with separate bedrooms, fully-equipped kitchens, living and dining areas, as well as resort-style amenities and services. Wyndham Destinations is part of Travel + Leisure Co. (NYSE:TNL). Learn more at WyndhamDestinations.com.


ę Business Wire 2022
All news about TRAVEL + LEISURE CO.
09:11aThe guests invited to Biden's State of the Union address
RE
02/06Explainer-When is the State of the Union 2023? Date of Biden's address and..
RE
02/03Jefferies Downgrades Travel + Leisure to Hold From Buy, Price Target is $49
MT
02/02Instant View: Bank of England raises rates, signals end to hikes
RE
02/01Travel + Leisure Co. Recognized by Fortune Magazine as One of the World's Most Admired ..
BU
01/30Club Wyndham Donates Land in Pagosa Springs to Habitat for Humanity
BU
01/24Travel + Leisure : GO Joins Forces with FC Barcelona as its New Official Travel Club Partn..
PU
01/24Dollar pinned near nine-month low vs euro, yen bounces
RE
01/24Dollar stuck near nine-month low vs euro as yen bounces
RE
01/17Travel + Leisure Co. to Report Fourth Quarter and Full-Year 2022 Financial Results on F..
BU
More news
Analyst Recommendations on TRAVEL + LEISURE CO.
More recommendations
Financials (USD)
Sales 2022 3 582 M - -
Net income 2022 370 M - -
Net Debt 2022 3 179 M - -
P/E ratio 2022 9,94x
Yield 2022 3,69%
Capitalization 3 520 M 3 520 M -
EV / Sales 2022 1,87x
EV / Sales 2023 1,71x
Nbr of Employees 16 800
Free-Float 35,5%
Chart TRAVEL + LEISURE CO.
Duration : Period :
Travel + Leisure Co. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TRAVEL + LEISURE CO.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 43,37 $
Average target price 53,06 $
Spread / Average Target 22,3%
EPS Revisions
Managers and Directors
Michael Dean Brown President, Chief Executive Officer & Director
Michael A. Hug Chief Financial Officer & Executive Vice President
Stephen P. Holmes Non-Executive Chairman
Sy Esfahani Chief Technology Officer
George Herrera Independent Director
Sector and Competitors
1st jan.Capi. (M$)
TRAVEL + LEISURE CO.19.15%3 427
MARRIOTT INTERNATIONAL, INC.17.15%54 546
HILTON WORLDWIDE HOLDINGS INC.15.72%39 549
INTERCONTINENTAL HOTELS GROUP PLC21.16%12 061
HYATT HOTELS CORPORATION21.63%11 851
ACCOR32.55%8 546