ORLANDO, Fla.–(BUSINESS WIRE)–Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today reported fourth quarter and full-year 2020 financial results for the period ended December 31, 2020. The Company is reporting its first financial results since changing its name from Wyndham Destinations, Inc., on February 17, 2021.
Fourth quarter 2020 highlights:
- Net income from continuing operations of $4 million (diluted EPS of $0.05) on net revenue of $645 million
- Adjusted EBITDA of $148 million and adjusted diluted EPS of $0.32 (1)
Full-year 2020 highlights:
- Net loss from continuing operations of $253 million (loss per share of $2.95) on net revenue of $2.2 billion
- Adjusted EBITDA of…