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Travel+Leisure Reaffirms FY24 Adjusted EBITDA Of $915M-$935M; Projects Q4 Adjusted EBITDA Of $240M-$260M

Benzinga ·  Oct 23 18:11

The Company is providing its fourth quarter 2024 guidance:

  • Adjusted EBITDA of $240 million to $260 million
  • Gross VOI sales of $550 million to $600 million
  • VPG of $2,900 to $3,000
  • Travel and Membership Adjusted EBITDA of $45 million to $50 million

The Company is updating its previous guidance for the 2024 full year:

  • Adjusted EBITDA of $915 million to $935 million (no change from prior outlook)
  • Gross VOI sales of $2.25 billion to $2.30 billion (vs. prior outlook of $2.25 billion to $2.35 billion)
  • VPG of $3,000 to $3,025 (vs. prior outlook of $2,950 to $3,050)
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