TNL CEO on Resilience & Evolution of Timeshare Business

Mike Brown, President & CEO of Travel + Leisure (TNL), breaks down the company’s latest earnings report and consumer demand. “We saw demand at its peak in 1Q during March,” the last month of the quarter, he says. “Our bookings have been very consistent with what we expected in 2025.” As TNL sells timeshares, he says that their membership sticks around because of their prepayments. He talks about how the timeshare business has changed since the 2008 housing crisis, becoming more brand and hospitality-focused.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

Fler avsnitt av Schwab Network