Risk factors
Travel & Leisure (TNL) risk factors
Item 1A of every Travel & Leisure Co. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors27 risks3 new10 reworded
New risks emphasize integrating Accor Vacation Club and operating internationally, including markets where TNL has limited experience.
Filed Feb 18, 2026 - FY2024 10-K risk factors25 risks
Travel and Leisure’s risks center on competition and growth in timeshare, vacation ownership, exchange, and travel club businesses.
Filed Feb 19, 2025