Travel + Leisure reports Q1 adjusted EPS 97c, consensus 86c

Reports Q1 revenue $916M, consensus $906.16M. “We are off to a solid start for the year with a 15 percent increase in tours, 28 percent growth in new owner tours and volume per guest above $3,000,” said Michael Brown, president and CEO of Travel + Leisure Co. “We have an excellent team in place who are executing well against plans to grow the business. With owner room nights for the remainder of the year up 7 percent, we are looking forward to a strong summer travel season and are increasingly confident in meeting our 2024 commitments.”