Conde Nast Traveler Or Travel And Leisure Magazine?

Represents provision for estimated losses on vacation possession contract receivables, which is recorded as contra revenue to vacation possession interest sales on the Consolidated Statements of Income/. Dividend — The Company paid $26 million ($0.30 per share) in cash dividends on December 30, 2020 to shareholders of report as of December 15, 2020. For the full-year 2020, Travel + Leisure Co. paid an aggregate $138 million in dividends to shareholders. Vacation Ownership income decreased 36% to $512 million within the fourth quarter. Gross VOI sales decreased 52% to $281 million with excursions 64% decrease year-over-year. [newline]Fourth quarter adjusted EBITDA was $115 million, compared to $222 million in the prior year. As of 2019, Europe was by far probably the most visited area worldwide, recording about 745 million worldwide vacationer arrivals, with Southern and Mediterranean Europe being the most popular sub-region.

Market Square is a three-block outside plaza lined with outlets …