What is Travel + Leisure's sales & marketing?

Travel + Leisure (TNL) reported sales & marketing of $142M in Q1 2026.

How has Travel + Leisure's sales & marketing changed year-over-year?

Travel + Leisure's sales & marketing increased by 14.5% year-over-year, from $124M to $142M.

What is the long-term trend for Travel + Leisure's sales & marketing?

Over 4 years (2021 to 2025), Travel + Leisure's sales & marketing has grown at a 12.6% compound annual growth rate (CAGR), from $364M to $585M.

What does sales & marketing mean?

Costs of selling products and services including sales force compensation, commissions, marketing campaigns, trade shows, and customer acquisition expenses.

Travel + Leisure TNL Sales & Marketing

Sales & Marketing at other companies

Expedia Group, Inc.EXPE

$1.86B+5.6%

AirbnbABNB

$751M+33.4%

Equity Lifestyle PropertiesELS

$3.84M-2.4%

Global Business Travel GroupGBTG

$126M+22.3%

Clear SecureYOU

$15.95M+19.2%

Segments

By segment

See full

Vacation Ownership$108M+16.1%

Travel and Membership$9M-18.2%

Other financials

Income statement

See full

Revenue$961.0M+2.9%

Gross profit$926.0M+1.6%

Operating income$159.0M+1.9%

Net income$79.0M+8.2%

EPS (diluted)$1.22+14.0%

Balance sheet

See full

Cash & equivalents$456.0M+24.3%

Total debt$4.7B+11.9%

Total equity-$1.0B-13.2%

Total assets$6.8B+1.1%

Cash flow

See full

Operating cash flow$38.0M-68.6%

CapEx$19.0M-9.5%

Free cash flow$19.0M-81.0%

Valuation

See full

Market cap$4.79B+39.8%

Enterprise value$9.04B+23.7%

P/E12.9×+2.3×

P/S1.2×+0.3×

Profitability

See full

Gross margin93%-4.9pp

Operating margin14.3%-4.8pp

Net margin10.4%-0.6pp

FCF margin10.9%-0.7pp

Returns & leverage

See full

Return on equity122.1%—

Debt / equity6.6×—

Current ratio1.2×—

Where this comes from

Reported directly by Travel + Leisure in its filing.

Tagged under the XBRL concept us-gaap:MarketingExpense.

The official record: Travel + Leisure’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Travel + Leisure's sales & marketing?: Travel + Leisure (TNL) reported sales & marketing of $142M in Q1 2026.
How has Travel + Leisure's sales & marketing changed year-over-year?: Travel + Leisure's sales & marketing increased by 14.5% year-over-year, from $124M to $142M.
What is the long-term trend for Travel + Leisure's sales & marketing?: Over 4 years (2021 to 2025), Travel + Leisure's sales & marketing has grown at a 12.6% compound annual growth rate (CAGR), from $364M to $585M.
What does sales & marketing mean?: Costs of selling products and services including sales force compensation, commissions, marketing campaigns, trade shows, and customer acquisition expenses.