Travel + Leisure TNL Deferred VOI incentive revenue — Contract with Customer, Liability

Other product segments

Similar metrics at other companies

CSTMRevenue deferred to contract liabilities

$12M-7.7%

OWLAmortization of deferred incentives paid to customers — Revenue

-$2.45M—

WHDeferred loyalty program revenues — Contract Liabilities

$85M-4.5%

BBYDeferred revenue — Contract with Customer, Liability, Current

$843M-5.4%

MRNAOther revenue — Contract with Customer, Liability

$161M+455%

BOOTCustomer Loyalty Program — Deferred Revenue

$7.95M+28.2%

Questions, answered.

What is Travel + Leisure's deferred VOI incentive revenue — contract with customer, liability?

Travel + Leisure (TNL) reported deferred VOI incentive revenue — contract with customer, liability of $88M in Q1 2026.

How has Travel + Leisure's deferred VOI incentive revenue — contract with customer, liability changed year-over-year?

Travel + Leisure's deferred VOI incentive revenue — contract with customer, liability increased by 4.8% year-over-year, from $84M to $88M.

What is the long-term trend for Travel + Leisure's deferred VOI incentive revenue — contract with customer, liability?

Over 4 years (2021 to 2025), Travel + Leisure's deferred VOI incentive revenue — contract with customer, liability has grown at a 10.0% compound annual growth rate (CAGR), from $239M to $350M.

What does deferred VOI incentive revenue — contract with customer, liability mean?

This represents the portion of vacation ownership interest incentive revenue that has been billed or collected but not yet recognized as revenue under accounting standards. It functions as a contract liability reflecting the company's obligation to provide future services or benefits associated with the incentive program. Investors monitor this to assess the volume of advance payments received for future vacation ownership performance obligations.