Travel + Leisure Co. Reduces $869M Loan Rate by 50 Basis Points
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
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Source: Newsfilter
- Loan Rate Adjustment: Travel + Leisure Co. has completed the Eighth Amendment to its $869 million 2024 Term Loan B Facility, reducing the interest rate from SOFR plus 2.50% to SOFR plus 2.00%, enhancing financial flexibility through lower capital costs.
- Improved Credit Profile: This repricing reflects the strength and consistency of the company's business model, demonstrating lenders' confidence in its long-term performance, which supports value creation in the highly competitive leisure travel market.
- Enhanced Financial Flexibility: The reduced rate will aid the company in maintaining a disciplined growth and value creation framework, further driving its expansion in the global travel market.
- Strategic Implications: CFO Erik Hoag noted that the successful outcome of this transaction not only improves the company's credit profile but also provides greater capital support for future strategic execution, ensuring the company can navigate potential market challenges.
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Analyst Views on TNL
Wall Street analysts forecast TNL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TNL is 72.68 USD with a low forecast of 65.14 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 70.220
Low
65.14
Averages
72.68
High
80.00
Current: 70.220
Low
65.14
Averages
72.68
High
80.00
About TNL
Travel + Leisure Co. is a vacation ownership and membership travel company. The Company’s segments include Vacation Ownership and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts. This segment includes its Vacation Ownership business line. It provides day-to-day property management services, including oversight of housekeeping services, maintenance, and certain accounting and administrative services for property owners’ associations and clubs. These services may also include reservation and resort renovation activities. Travel and Membership segment operates a variety of travel businesses, including vacation exchange brands, travel technology platforms, travel memberships, and direct-to-consumer rentals. This segment is comprised of its Exchange and Travel Club business lines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cognizant Renews Strategic Collaboration with Travel + Leisure Co.
- Strategic Renewal: Cognizant has renewed a multi-million dollar strategic collaboration with Travel + Leisure Co. aimed at modernizing technology infrastructure and infusing AI to enhance member experiences and accelerate digital transformation.
- Technology Optimization Goals: Cognizant will leverage its hospitality domain expertise to optimize Travel + Leisure Co.'s technology ecosystem, targeting improved digital service experiences for 800,000 owner families and travel club members.
- Infrastructure Modernization: Throughout the agreement, Cognizant will assist in modernizing the application landscape, enhancing infrastructure scalability and reliability, while harnessing data- and AI-driven capabilities to meet evolving market demands.
- Aligned Vision: Sy Esfahani, CTO of Travel + Leisure Co., noted that renewing the partnership reflects the deep trust built over the years, with Cognizant's technology expertise set to propel their digital transformation and enhance service quality.
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Cognizant Renews Strategic Collaboration with Travel + Leisure Co.
- Strategic Renewal: Cognizant has renewed a multi-million dollar strategic collaboration with Travel + Leisure Co. to modernize technology infrastructure and infuse AI, aiming to enhance member experiences and accelerate digital transformation.
- Optimization Goals: Leveraging its hospitality expertise, Cognizant will optimize Travel + Leisure Co.'s technology ecosystem, targeting improved digital service experiences for 800,000 owner families and travel club members.
- Infrastructure Enhancement: Throughout the agreement, Cognizant will assist in modernizing the application landscape, strengthening infrastructure scalability and reliability, while harnessing data and AI-driven capabilities to improve service quality.
- Aligned Vision: Sy Esfahani, CTO of Travel + Leisure Co., emphasized that the deep collaboration and trust between the two companies will propel digital transformation, with Cognizant's technology expertise helping deliver innovative solutions at every touchpoint.
Continue Reading