Travel + Leisure — Apr 23, 2025 release

Highlights and outlook include: • Net income of $73 million, $1.07 diluted earnings per share, on net revenue of $934 million • Adjusted EBITDA of $202 million and adjusted diluted earnings per share of $1.11 (1) • Volume per guest (VPG) of $3,212, a 6% percent increase year-over-year • Expects second quarter adjusted EBITDA of $245 million to $255 million and reaffirms full-year adjusted EBITDA guidance of $955 million to $985 million • Returned $111 million to shareholders through $41 million of dividends and $70 million of share repurchases “Our first quarter results demonstrate solid execution of our long-term business strategy with adjusted EBITDA at the high end of our guidance range. This performance was driven by the strength of our vacation ownership business, which saw volume per guest well above $3,000, bookings increasing via our new Club Wyndham app, and an increase in overall guest satisfaction,” said Michael D. Brown, president and chief executive officer of Travel + Leisure Co. “Looking ahead, we are focused on delivering our multi-brand strategy as we explore new opportunities and build our businesses with world class brands, including continuing to grow our core Club Wyndham and WorldMark business, leveraging the momentum we have seen from Accor Vacation Club, expanding our Margaritaville Vacation Club, and launching sales for Sports Illustrated Resorts. We expect a busy summer travel season as we see positive momentum for future bookings and believe our owners will continue to prioritize their leisure travel needs