Travel + Leisure Community

Key Takeaways AI-driven personalization and mobile booking are expected to significantly boost retention, new customer growth, and margin expansion beyond current forecasts. Expansion through partnerships, new brands, and demographic shifts will drive higher long-term growth, pricing power, and recurring revenues with an increasingly asset-light model.

Key Takeaways Expansion into new brands and markets, along with tech investments, is broadening the customer base and improving operational efficiency and margins. Growing Millennial and Gen Z demand, combined with recurring revenue streams and an asset-light model, supports sustained membership and earnings stability.

Key Takeaways Climate and regulatory risks, as well as heightened competition and public health threats, undermine future demand and revenue stability. Labor shortages and negative sentiment toward timeshares constrain profitability and make margin improvement increasingly difficult.