What is Travel + Leisure's vacation ownership — number of hoas?

Travel + Leisure (TNL) reported vacation ownership — number of hoas of 2 in Q4 2025.

What does vacation ownership — number of hoas mean?

This metric counts the number of Homeowners Associations (HOAs) managed by the company within its vacation ownership portfolio. It indicates the scale of the company's property management services and the recurring revenue potential from long-term management contracts.

Travel + Leisure TNL Vacation Ownership — Number of HOAs

Similar metrics at other companies

HSTMaui, HI — Number of vacation ownership project

1310.0%

WELLNumber of housing communities

625—

INVHOrlando — Number of Properties

1.7K+2.4%

DISResorts and vacations — Revenue

$2.56B+8.7%

PACSNumber of operating properties

56+27.3%

DOCSenior housing — Investment ownership (as a percent)

46.5%—

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%

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 tnl:NumberOfHOAs.

The official record: Travel + Leisure’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

Ask your AI about Travel + Leisure's vacation ownership — number of hoas.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Travel + Leisure's vacation ownership — number of hoas?: Travel + Leisure (TNL) reported vacation ownership — number of hoas of 2 in Q4 2025.
What does vacation ownership — number of hoas mean?: This metric counts the number of Homeowners Associations (HOAs) managed by the company within its vacation ownership portfolio. It indicates the scale of the company's property management services and the recurring revenue potential from long-term management contracts.