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Jeffrey Myers, Chief Sales and Marketing Officer, Vacation Ownership at Travel & Leisure Co (NYSE:TNL), sold a total of 20,785 shares of common stock on July 8th and July 10th, 2025. The sales, transacted in two separate instances, amounted to approximately $1.19 million.
On July 8th, Myers disposed of 6,863 shares at a price of $57.0, and on July 10th, he sold 13,922 shares at $58.0.
Following these transactions, Myers directly owns 165,890.18 shares of Travel & Leisure Co. common stock.
In other recent news, Elavon announced an expansion of its Cloud Payments Interface (NASDAQ:TILE) to over 6,000 Wyndham Hotels & Resorts (NYSE:WH) franchisees in the United States and Canada. This move aims to reduce operational costs and security concerns by eliminating the need for on-site hardware. The payment solution offers advanced security features and supports mobile check-in capabilities. In other developments, Stifel maintained its Buy rating on Travel + Leisure Co., although it adjusted its earnings per share estimates for the coming years. The firm cited a lower share repurchase expectation as the reason for the EPS adjustment while keeping its EBITDA forecasts unchanged. Additionally, Travel + Leisure Co. declared a quarterly cash dividend of $0.56 per share, payable on June 30, 2025, to shareholders of record as of June 13, 2025. Meanwhile, Wyndham Hotels & Resorts unveiled new initiatives at its Global Conference to enhance hotel owner success, including AI-enhanced guest engagement platforms and expanded loyalty programs. The initiatives are part of the Wyndham Advantage strategy, which has led to high franchisee retention and a growing development pipeline.
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