Travel & Leisure raises 2026 EBITDA guidance on 8% Q2 growth, returns $125M to shareholders

Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 Adjusted EBITDA grew 8% year-over-year to $269M; Adjusted EPS up 14% to $1.88. Gross VOI sales rose 6% to $693M driven by higher volume per guest and tour count.

  Exhibit 99.1 view on EDGAR →
• high

  Full-year 2026 Adjusted EBITDA guidance raised to $1,065M–$1,085M; Gross VOI sales guidance set at $2.600B–$2.675B. Management cited strong operating performance and pending acquisitions.

  Exhibit 99.1 view on EDGAR →
• medium

  Issued $900M of 6.25% senior secured notes to redeem $650M of 6.625% notes due July 2026 and repay revolving credit facility borrowings. Leverage ratio below 3.2x as of June 30, 2026.

  Exhibit 99.1 view on EDGAR →