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Stock impact report

Q4 Earnings Outperformers: Travel + Leisure (NYSE:TNL) And The Rest Of The Travel and Vacation Providers Stocks [Yahoo! Finance Canada]

Travel Leisure Co. Common Stock (TNL) 
Airlines, hotels, resorts, and cruise line companies often sell experiences rather than tangible products, and in the last decade-plus, consumers have slowly shifted from buying "things" (wasteful) to buying "experiences" (memorable). In addition, the internet has introduced new ways of approaching leisure and lodging such as booking homes and longer-term accommodations. Traditional airlines, hotel, resorts, and cruise line companies must innovate to stay relevant in a market rife with innovation. The 18 travel and vacation providers stocks we track reported a satisfactory Q4. As a group, revenues beat analysts' consensus estimates by 2% while next quarter's revenue guidance was 5.9% above. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 18.2% since the latest earnings results. Travel + Leisure (NYSE:TNL) Formerly known as Wyndham Destinations, Travel + Leisure (NYSE:TNL) is a global vacation company that provides travelers Show less Read more
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