Travel + Leisure TNL Vacation Ownership — Business Combination, Price of Acquisition, Expected
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Where this comes from
Reported directly by Travel + Leisure in its filing.
Tagged under the XBRL concept us-gaap:BusinessCombinationPriceOfAcquisitionExpected.
The source filing: Travel + Leisure’s 10-Q, filed July 22, 2026.
- Filed
- Jul 22, 2026, 11:22 AM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q3 2026
- Accession
- 0001361658-26-000053
On July 14, 2026, the Company entered into a definitive agreement to acquire Spinnaker Resorts, a fully integrated timeshare business engaged in development, marketing, sales, property management and related services within the vacation ownership industry, for $150 million, subject to customary adjustments and contingent performance-based payments of up to $10 million. This acquisition will further expand the Company’s network of resorts and number of owners. The Company expects this acquisition to close in the third quarter of 2026, subject to customary closing conditions. Upon closing, this acquisition will be reported within the Vacation Ownership segment.
Item 1. Financial Statements (Unaudited).
FAQ
- What is Travel + Leisure's vacation ownership — business combination, price of acquisition, expected?
- Travel + Leisure (TNL) reported vacation ownership — business combination, price of acquisition, expected of $150M in Q3 2026.
- What does vacation ownership — business combination, price of acquisition, expected mean?
- Reflects the anticipated purchase price or valuation for business acquisitions within the vacation ownership segment. It is used to assess the capital allocation strategy and the cost of inorganic growth initiatives. Monitoring this helps investors understand the company's investment appetite for expanding its resort portfolio.
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