Travel+Leisure Co (NYSE:TNL)
$ 45.46 -0.06 (-0.13%) Market Cap: 3.24 Bil Enterprise Value: 8.68 Bil PE Ratio: 8.37 PB Ratio: 0 GF Score: 85/100

Wyndham Destinations Inc at Stifel Cross Sector Insight Conference (Virtual) Transcript

Jun 10, 2020 / 12:00PM GMT
Release Date Price: $35.06 (-4.83%)
Simon Judah Yehudah Yarmak
Stifel, Nicolaus & Company, Incorporated, Research Division - VP

Hi. Good morning, everyone, and thank you for joining us this early morning for the Wyndham Destinations Virtual Fireside Chat at our Third Annual Stifel Cross Sector Conference. My name is Simon Yarmak, and I'm the senior analyst at Stifel. From Wyndham Destinations, we have CEO and President, Mike Brown; CFO, Mike Hug.

Wyndham is the largest timeshare and exchange company in the world. The business generates strong free cash flow that's returned to shareholders in the form of dividend and share buybacks. Despite the current challenging environment, the company has about $1 billion of cash as at 3/31, which is about 2 years of liquidity.

With that, I'll turn it over to Mike Brown for some introductory comments.

Michael D. Brown
Wyndham Destinations, Inc. - CEO, President & Director

Thanks, Simon, and good morning, everyone. Thanks for getting up early and joining the virtual conference here. Being that we're in the travel and tourism

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