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Results severely impacted by COVID-19, with several of our hotel properties closed for prolonged periods this year. The group’s consolidated revenue for the year decreased by 54% to HK$2,710 mill...
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:
Tangible signs of improvement in Asia, Middle East & Africa and SouthAmerica in Q4
MONTHLY CASH BURN HALVED IN H2STRENGTHENING OF THE LIQUIDITY POSITION AT €4.2BNSWIFT ROLLOUT OF €200M RECURRING COST SAVINGS PLANREVENUE DOWN 60% TO €1,621 MILLION (-55% LFL)EBITDA: €(391) MILLIONRECU...
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