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We put the world on vacation.
Travel + Leisure Co. is the world’s leading membership and leisure travel company, with a portfolio of nearly 20 travel brands across our resort, travel club, and lifestyle portfolio.
First Quarter 2024 Earnings Conference Call
Latest financial results.
Quarter Highlights
- Net income of $66 million (diluted EPS of $0.92) on net revenue of $916 million
- Adjusted EBITDA of $191 million and Adjusted diluted EPS of $0.97
- 15% increase in tours and 28% increase in new owner tours
- VPG of $3,035, above the high end of our guidance range
Quarter Ended Mar 31, 2024
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May 15, 2024
Travel + Leisure Co. Declares Cash Dividend and Increases Share Repurchase Authorization
May 13, 2024
Travel + Leisure Co. To Relocate Headquarters To Downtown Orlando
May 7, 2024
Travel + Leisure Co. Announces Sponsorship of Two-time Olympian Katie Grimes Ahead of Upcoming Paris Olympics
May 1, 2024
Armed Forces Vacation Club Offers 7-Night Resort Stays for $319 in Honor of Military Appreciation Month
Apr 24, 2024
Travel + Leisure Co. Reports First Quarter 2024 Results
Apr 23, 2024
Travel + Leisure Co. and Allegiant Announce Multi-Year Marketing Agreement
Apr 22, 2024
RCI Announces Winners of Thirteenth Annual RCI Green Awards Program in Celebration of Earth Day
Apr 18, 2024
Travel + Leisure Co. Takes Home 18 ARDA Awards at Annual Conference, Including Prestigious ACE Employee of the Year Award
Apr 2, 2024
Travel + Leisure GO and AllTrails Team Up on Bookable Outdoor Experiences in Honor of National Parks Week
Apr 1, 2024
Club Wyndham Gifts Moms the Ultimate Breakfast-In-Bed Experience This Mother’s Day
Latest presentation.
Travel + Leisure Investor Presentation March/April 2024
We Bring Vacations Full Circle
We are proud of our ability to positively impact the leisure travel industry through responsible tourism, as we deliver on our environmental, social, and governance strategy. We bring out the best in people and places around the globe.
We Put The World On Vacation
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Travel + Leisure Co. 6277 Sea Harbor Drive Orlando, FL 32821 USA
T: 407-626-4050 [email protected]
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17 August 2022
CTM Announces FY22 Financial Results
CTM today released it’s FY22 Financial Results. View the ASX release here.
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The only global travel money expert with a cash and card offering., fy23 results.
Growth across all business segments.
2020 transformation
How Travelex was set up for growth and success.
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The team shaping the strategy of the business.
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Financial results add momentum to leading travel management company BCD Travel’s strategic growth plan
UTRECHT, February 20, 2020 — Leading travel management company BCD Travel today announced its financial results for 2019. Sales totaled US$27.5 billion in 2019, including US$10.9 billion in partner sales. Sales grew by 1% over 2018 despite the global economic uncertainty and political unrest in many parts of the world. New sales again surpassed the US$1 billion mark.
“We’re pleased with our business growth last year and we’ll report more financial information for 2019 by the end of March”, said Cees Batenburg, Global Chief Financial Officer for BCD. “2020 started with an industry-wide slowdown of travel especially in the Far East due to the coronavirus. We’re prepared to execute clients’ policies and assist travelers and travel managers through all the means at our disposal.”
BCD continued its ambitious acquisition strategy in 2019. It purchased Adelman Travel Group , one of the largest full-service travel management companies in North America. It took controlling ownership of its Japan partner, one of the Asia-Pacific region’s most important markets for corporate travel. BCD Meetings & Events bought L37 Creative (L37), an event production and creative media agency headquartered in Chicago, and expanded its global partner network in Taiwan, the 15th market added to its portfolio in the last three years.
About BCD Travel
BCD Travel helps companies travel smart and achieve more. We drive program adoption, cost savings and talent retention through digital experiences that simplify business travel. Our 15,000+ dedicated team members service clients in 170+ countries as we shape a sustainable future for business travel. BCD’s leading meetings and events management and global consultancy services complete our comprehensive suite of solutions for all aspects of corporate travel. In 2023, BCD achieved US$20.3 billion in sales. For more information, visit www.bcdtravel.com .
BCD Travel acquires the business travel and meetings & events activities of its partner in Italy as part of continuing global growth strategy
November 1, 2021
BCD Travel 2019 Cities and trends report
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Solutions For Tomorrow's Travelers
Corporate Overview
NextTrip is an innovative technology company that is building next generation solutions to power the travel industry. NextTrip Parent, through its subsidiaries, provides travel technology solutions with sales originating in the United States, with a primary emphasis on ALR properties, hotel, air, cruise, and all-inclusive travel packages. Its proprietary booking engine, branded as NXT2.0, provides travel distributors access to a sizeable inventory. NextTrip’s NXT2.0 booking technology was built upon a platform acquired in June 2022, which previously powered the Bookit.com business, a well-established online leisure travel agent generating over $450 million in annual sales as recently as 2019 (pre-pandemic).
Since 2022, NextTrip has been focused on the holistic integration of the NXT2.0 technology platform, which will serve as a base for current and future technology projects as well as proprietary system enhancements. Through this strategic offering, NextTrip will focus on key areas of opportunity in the travel sector and drive enhanced booking conversion rates. NextTrip’s proprietary technology, when combined with media, product offerings and customer service, provides a unique lane to serve mid- to luxury travelers.
is to drive the evolution of the travel industry by merging advanced digital solutions with personalized travel services.
technology focuses on untapped and underserved sectors of the travel industry, capturing new markets.
growth is accelerated by interactive technology, immersive media and unparalleled expertise.
Curated Breadth of Product
Opportunity for cross-sell and lifetime customers
Proprietary, Scalable Technology
Proven platform with opportunities to increase conversions and revenue per transaction
Innovative & Intuitive Booking Platform
Allows for new revenue opportunities across non-traditional spaces
Proven Management Team, Seed Investors & Board
Deep industry expertise and more than $15M direct capital investment
Traveler Database
6 Million customer list from previous operator (expected 2024 reactivation by NextTrip)
Concierge Service
Drives higher revenue and repeat business, supported by best-in-class AI
Financial Performance
Driven by scalable cost structure and repeat processes to enable revenue acceleration
Integrated Content Ecosystem
Engages consumers across the entire journey expected to drive recurring revenue
Fully Integrated Travel Booking Platform
- NextTrip has acquired the assets of Bookit.com , a fully integrated booking engine and platform with more than $40 million invested.
- This foundational technology powers consumer direct, travel agent, groups, alternative lodging and business travel.
- The platform is embeddable and accessible across all devices, allowing people to save their progress and inspiration on the move.
Innovative Travel Technology for Licensing
Platform provides opportunity for product expansion and revenue from licensing
Large Foundational Travel Database
An integrated ecosystem of closed-loop offers, personalized content and expert service
Dedicated Concierge Team
Focused on building lifetime customers through personalized planning end-to-end traveler assistance
Advancing Travel: Forward R&D at NextTrip
Your 24/7 AI-Personalized Travel Channel
Content-to-commerce video.
Turn inspiration into action.
Compass.TV’s FAST is a blend of documentaries, podcasts, and influencer content, AI-curated to match your travel interests. Our content-to-commerce approach is designed to turn inspiration into action, providing a customized exploration experience.
A Travel-Focused Social Media Platform
A showcase for user-generated content from the community.
Travel Magazine is a travel-focused social media platform. An attractive mix of user-generated content with community sharing, trip ideas and loyalty rewards for a superior experience, powered by advertising.
The AI-Powered NextTrip Travel Assistant
Personalized suggestions for your very own bucket list.
MyBucketList is driven by an AI Travel Assistant to help users build and share their own bucket list with personalized suggestions, booking support, and local insights.
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U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat that requires a united response.
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By Alan Rappeport and Liz Alderman
Alan Rappeport is traveling with Treasury Secretary Janet L. Yellen in Germany and Italy this week. Liz Alderman is the chief European business correspondent.
Treasury Secretary Janet L. Yellen said on Tuesday that the United States and Europe needed to work together to push back against China’s excess industrial capacity, warning that a wave of cheap Chinese exports represents a grave threat to the global economy.
Ms. Yellen’s remarks, delivered during a speech in Germany, highlighted what is expected to be a central topic of discussion when the Group of 7 finance ministers meet in Italy this week.
“China’s industrial policy may seem remote as we sit here in this room, but if we do not respond strategically and in a united way, the viability of businesses in both our countries and around the world could be at risk,” Ms. Yellen said at the Frankfurt School of Finance and Management, where she received an honorary doctoral degree.
China’s excessive production of green energy technology has become a pressing trans-Atlantic concern in recent months. Officials in President Biden’s administration have grown increasingly worried that his efforts to finance domestic manufacturing of clean energy and other next-generation technologies will be undercut by China, which is churning out steel, electric cars and solar panels at a rapid clip.
The Biden administration is now looking to Europe to help the developed world prevent the kind of China shock of the early 2000s, which helped decimate manufacturing in exchange for cheap goods. Last week, Mr. Biden increased tariffs on some Chinese imports, including levying a 100 percent tax on electric vehicles. He also formally left in place levies on more than $300 billion worth of Chinese goods that President Donald J. Trump had imposed.
The United States hopes that a united front will convince China that its largest trading partners are prepared to erect trade barriers that will prevent Chinese electric vehicles, batteries and panels from dominating Western markets.
Ms. Yellen emphasized on Tuesday that the United States was not trying to carry out an anti-China policy, but said China’s actions posed a threat to the global economy that warranted a coordinated response.
She pointed to China’s push to dominate clean energy technology and other sectors, saying that ambition “could also prevent countries around the world, including emerging markets, from building the industries that could power their growth.”
The trend toward protectionist policies is likely to become another point of contention between China and the world’s most advanced economies. Liu Pengyu, a spokesman for the Chinese Embassy in Washington, derided Mr. Biden’s decision to impose new tariffs on Chinese goods last week as a “political maneuver.”
“We hope the U.S. can take a positive view of China’s development and stop using overcapacity as an excuse for trade protectionism,” Mr. Liu said.
The new U.S. tariffs could put additional pressure on Europe to erect trade barriers of its own to prevent China from redirecting more of its exports there. Europe’s officials are already considering additional levies on Chinese cars, which pose a particular threat to Germany.
About 37 percent of all electric vehicle imports to Europe are produced in China, including Chinese brands and ones made by Tesla and German automakers with plants there. Europe is the world’s second-biggest E.V. market, and imports there skyrocketed last year to $11.5 billion, from $1.6 billion in 2020.
The European Commission is investigating whether Chinese state subsidies intended to help the country’s companies make cheap cars are damaging Europe’s auto industry. The sector provides nearly 14 million direct and indirect jobs in Europe, and the six million cars that it exported last year generated a trade surplus of more than 100 billion euros.
Europe’s investigation could result in preliminary duties on Chinese electric vehicle imports as soon as July, though any tariffs are likely to be far lower than the 100 percent imposed by the Biden administration. But unlike Europe, which is already importing cars from China, the United States has erected several barriers to prevent Chinese E.V.s from coming to its shores.
Europe’s investigation into China’s subsidies and whether they merit tariffs has aggravated a political divide. Some countries, such as Germany, which is Europe’s biggest maker of electric cars, have been against an investigation. German officials are wary of pressing penalties that might incite Beijing to shut out German carmakers such as BMW and Volkswagen.
Chancellor Olaf Scholz said in a speech in Stockholm last week, “We should not forget: European manufacturers, and also some American ones, are successful on the Chinese market and also sell a lot of vehicles that are produced in Europe to China.” He added that at least half of electric vehicles imported to Europe from China were Western brands.
Ursula von der Leyen, the European Commission president, has been pushing for “de-risking” Europe’s relationship with China. Her approach is backed by President Emmanuel Macron of France, who hosted his Chinese counterpart, Xi Jinping, this month and has urged Brussels to step up protection against what his administration sees as unfair Chinese competition.
The Brussels investigation has focused less on whether China is dumping large numbers of cars into Europe and more on how subsidies have allowed E.V.s made by BYD, Geely and SAIC, the three biggest Chinese E.V. makers, to offer cut-rate prices. The Chinese government has criticized the European Union for not investigating Western brands with factories in China — including Tesla, which exports more E.V.s from China to the European Union than any other producer.
The Rhodium Group , an independent think tank that focuses on China, said that to compensate for Chinese state subsidies, the European Commission would have to impose duties of up to 50 percent on Chinese E.V.s. But the group suggested that such a move would be unlikely in Europe unless officials took a more “drastic” review of World Trade Organization rules, and suggested that tariff rates of 15 to 30 percent were more realistic.
In the meantime, Chinese electric vehicle makers, including BYD and Great Wall Motor, are setting up factories in Hungary to build cars that would be viewed as European-made products, which could raise trade issues eventually with the United States.
The Biden administration is watching with similar concern as Chinese car companies invest in factories in Mexico, which could potentially be used to enter the U.S. market.
Following her speech, Ms. Yellen told reporters that the United States and countries in Europe have different concerns when it comes to commerce with China and, as a result, they could use different tools to address them. But she added that because many of the concerns about China’s heavy subsidization of exports are broadly shared, it is “more forceful to communicate to China as a group.”
The approach by the United States and Europe to work together to confront China does pose the risk of retaliation, inflaming trade tensions that could weigh on the world economy. Chinese officials said last week that they would respond to the new trade measures imposed by the United States.
In an interview with The New York Times this week, Ms. Yellen argued that the new U.S. tariffs were targeted and that she did not believe that China wanted to escalate tensions.
“I anticipate some response on China’s part, but my hope is that it’s moderate and proportional,” Ms. Yellen said.
Alan Rappeport is an economic policy reporter, based in Washington. He covers the Treasury Department and writes about taxes, trade and fiscal matters. More about Alan Rappeport
Liz Alderman is the chief European business correspondent, writing about economic, social and policy developments around Europe. More about Liz Alderman
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Investor enquiries: Allison Dodd - [email protected] / +61 7 3210 3354 . annual 2020 report. contents 2 ... Board of Directors 20 Executive Team 22 Annual Financial Report 24 Corporate Travel Management Limited ABN 17 131 207 611 ANNUAL REPORT 2020 3. review. our year in 2020: Key Financial Highlights 6 Chairman's Report 8 Managing ...
Investor Relations We Put The world On Vacation. Travel + Leisure Co. is the world's leading membership and leisure travel company, with a portfolio of nearly 20 travel brands across our resort, travel club, and lifestyle portfolio. ... Investor Relations. T: 407-626-4050 [email protected]. Transfer Agent. Broadridge Corporate Issuer ...
Local solutions, delivered globally. CTM provides local service solutions to customers around the world. Please select your local region, and start experiencing the CTM difference! AUSTRALIA/NEW ZEALAND UK/EUROPE. NORTH AMERICA ASIA. Don't show this again. Continue. 17 August 2022.
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On 29 April 2022, the Group acquired 100% of the shares of Universal Advisory Pte Ltd, which owns 96.5% of Safe2Travel Pte. Ltd (together, Safe2Travel), a corporate travel management company based in Singapore. The cost of the acquisition was. $4,690,000.
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American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) ("Amex GBT" or the "Company"), the world's leading B2B travel platform, today announced financial results for the third quarter ended September 30, 2022. Q3 2022 Highlights Strong Revenue and Earnings Trends Revenue increased 147% to $488 million compared to Q3 2021. Revenue ...
Expedia Group, Inc. (NASDAQ: EXPE) announced financial results today for the third quarter ended September 30, 2021. "Despite continued volatility in the travel recovery, Expedia Group's net income and adjusted EBITDA for the quarter nearly matched our Q3 2019 levels driven by the superior performance from Vrbo and domestic travel along with improvements across virtually all lines of business.
The Investor Relations website contains information about Trip.com Group Limited's business for stockholders, potential investors, and financial analysts. ... and corporate travel management, today announced its 05/07/24 Trip.com Group Limited to Report First Quarter of 2024 Financial Results on May 20, 2024 U.S. Time ...
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A business, financial, and sustainability overview. The Global Report provides a comprehensive and transparent view of our activities, operations and performance in 2022. Its scope covers financial and non-financial information, and we provide an overview of the company from an economic, social and sustainability outlook.
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Our 15,000+ dedicated team members service clients in 170+ countries as we shape a sustainable future for business travel. BCD's leading meetings and events management and global consultancy services complete our comprehensive suite of solutions for all aspects of corporate travel. In 2023, BCD achieved US$20.3 billion in sales.
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NextTrip has acquired the assets of Bookit.com, a fully integrated booking engine and platform with more than $40 million invested. This foundational technology powers consumer direct, travel agent, groups, alternative lodging and business travel. The platform is embeddable and accessible across all devices, allowing people to save their ...
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Laetitia Vancon for The New York Times. About 37 percent of all electric vehicle imports to Europe are produced in China, including Chinese brands and ones made by Tesla and German automakers with ...