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ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) announced today that Erik Hoag, Chief Financial Officer, will participate in a fireside chat session at the Goldman Sachs 33rd Annual Global Consumer and Retail Conference on Monday, September 14, 2026 at 9:15 a.m. EDT. A live audio webcast will be available in the investor relations section of the company's website at travelandleisureco.com/investors. A replay will be available approximately 24 hours after the ending of this event.

Jupiter Topco LLC acquired a new position in shares of Travel + Leisure Co. (NYSE: TNL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,830 shares of the company's stock, valued at approximately $1,899,000. Other hedge

Among the conditions, the Company must demonstrate compliance with the minimum bid price requirement by September 21, 2026 and the stockholders' equity requirement by October 30, 2026Tokyo, Japan--(Newsfile Corp. - August 25, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today announced that on August 23, 2026, the Company received a written decision from the Nasdaq Hearings Panel (the "Panel") of The Nasdaq Stock Market LLC ("Nasdaq") granting the Company's request for continued listing on The Nasdaq Capital Market, subject to the Company's satisfaction of certain conditions. Those conditions include the following:

On or before September 21, 2026, the Company must demonstrate compliance with the Listing Rule 5550(a)(2) (the "Bid Price Rule"); and On or before October 30, 2026, the Company must demonstrate compliance with the Listing Rule 5550(b)(1) (the "Equity Rule").The Panel's decision also requires the Company to provide prompt notification of any significant events occurring during the exception period that may affect the Company's compliance with Nasdaq requirements, including any event that may call into question the Company's ability to meet the terms of the exception granted. The Panel has reserved the right to reconsider the terms of the exception based on any event, condition or circumstance that exists or develops that would, in the opinion of the Panel, make continued listing of the Company's securities on Nasdaq inadvisable or unwarranted. The foregoing summarizes certain terms of the Panel's decision and does not describe all of the terms and conditions of the decision.

The Panel's decision follows a hearing held on August 4, 2026, at which the Company presented its plan to regain compliance with the Bid Price Rule and the Equity Rule. The Company's ordinary shares will continue to be listed and traded on Nasdaq under the symbol "TNMG" during the exception period, subject to the Company's satisfaction of the conditions set forth in the Panel's decision. Any compliance submission by the Company will be subject to review by the Panel. There can be no assurance that the Company will satisfy the conditions of the Panel's decision or otherwise regain compliance with the applicable listing requirements, and a failure to do so would result in the delisting of the Company's securities from Nasdaq.

On June 22, 2026, the Company received a determination letter (the "Determination Letter") from the staff of the Listing Qualifications Department of Nasdaq notifying the Company of the staff's determination to delist the Company's securities from The Nasdaq Capital Market as a result of the Company's failure to regain compliance with the Bid Price Rule and the Company's previously notified non-compliance with the Equity Rule, as described in the Company's press release dated June 26, 2026. On June 29, 2026, the Company requested a hearing before the Panel. On July 1, 2026, Nasdaq notified the Company that the hearing request had been granted and scheduled the hearing for August 4, 2026.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

https://www.tnlmediagene.com/

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements regarding the Company's ability to satisfy the conditions of the Panel's decision and to regain and maintain compliance with Nasdaq's continued listing requirements, and the potential delisting of the Company's securities from Nasdaq. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's FY2025 Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311390

Source: TNL Mediagene

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Deutsche Bank AG bought a new stake in shares of Travel + Leisure Co. (NYSE:TNL – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 96,806 shares of the company’s stock, valued at approximately $7,399,000. Deutsche Bank AG owned 0.16% of Travel + Leisure as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in TNL. Louisiana State Employees Retirement System bought a new stake in Travel + Leisure in the first quarter worth approximately $1,294,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Travel + Leisure by 22.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 199,224 shares of the company’s stock worth $14,051,000 after buying an additional 36,308 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Travel + Leisure during the 4th quarter worth approximately $2,231,000. LSV Asset Management boosted its holdings in shares of Travel + Leisure by 1.1% during the 4th quarter. LSV Asset Management now owns 1,612,657 shares of the company’s stock worth $113,741,000 after buying an additional 17,377 shares in the last quarter. Finally, M&T Bank Corp acquired a new stake in shares of Travel + Leisure during the 4th quarter worth approximately $2,829,000. Institutional investors own 87.54% of the company’s stock.

Insider Activity In other news, insider Kimberly Marshall sold 32,691 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $75.00, for a total transaction of $2,451,825.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director George Herrera sold 500 shares of Travel + Leisure stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $75.16, for a total value of $37,580.00. Following the sale, the director owned 1,353 shares in the company, valued at $101,691.48. The trade was a 26.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 95,135 shares of company stock worth $7,022,699 over the last quarter. Insiders own 4.01% of the company’s stock.

Travel + Leisure Stock Performance Shares of Travel + Leisure stock opened at $71.63 on Monday. The stock has a market capitalization of $4.38 billion, a PE ratio of 19.57, a price-to-earnings-growth ratio of 0.49 and a beta of 1.17. Travel + Leisure Co. has a 52 week low of $58.07 and a 52 week high of $81.00. The stock has a 50 day moving average price of $75.15 and a two-hundred day moving average price of $72.12. Travel + Leisure (NYSE:TNL – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $1.88 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.88. Travel + Leisure had a negative return on equity of 46.91% and a net margin of 5.81%.The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period in the prior year, the firm earned $1.65 earnings per share. Travel + Leisure’s revenue for the quarter was up 4.4% on a year-over-year basis. Research analysts forecast that Travel + Leisure Co. will post 7.6 EPS for the current year.

Travel + Leisure Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.60 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $2.40 annualized dividend and a dividend yield of 3.4%. Travel + Leisure’s dividend payout ratio is presently 65.57%.

Wall Street Analyst Weigh In TNL has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Travel + Leisure in a research note on Tuesday, July 21st. Mizuho increased their target price on shares of Travel + Leisure from $105.00 to $107.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Barclays raised their price target on shares of Travel + Leisure from $74.00 to $77.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. Wells Fargo & Company lifted their price target on shares of Travel + Leisure from $87.00 to $92.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Finally, The Goldman Sachs Group upgraded shares of Travel + Leisure from a “neutral” rating to a “buy” rating and set a $85.00 price objective on the stock in a report on Monday, June 1st. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Travel + Leisure currently has a consensus rating of “Moderate Buy” and an average price target of $87.82.

View Our Latest Stock Analysis on Travel + Leisure

Travel + Leisure Company Profile (Free Report)

Travel + Leisure Co (NYSE: TNL) is a leisure travel company headquartered in Orlando, Florida, that specializes in vacation ownership, membership programs and branded travel experiences. The company operates an extensive portfolio of vacation clubs and destination services, offering members access to resorts, hotels, cruises and guided tours in markets around the world. Through its flagship membership brands, Travel + Leisure Co provides curated vacation packages, exchange services and unique travel itineraries that cater to both individual and family travelers.

In addition to its membership offerings, Travel + Leisure Co manages a network of resort properties and hospitality assets across North America, the Caribbean, Europe and Asia-Pacific.

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Sy Esfahani, chief technology officer of Travel + Leisure Co. (TNL -0.73%), sold 52,617 shares of common stock on August 4, according to an SEC Form 4 filing.

Transaction summaryMetricValueTransaction value$4.1 millionShares sold52,617Post-transaction shares (directly held)30,545Post-transaction value$2.38 millionTransaction value based on SEC Form 4 weighted average sale price ($78.00); post-transaction value based on August 4 market close ($78.06).

Key questionsHow does this disposition affect the executive's direct equity exposure?Esfahani retains 30,545 shares. This remaining direct position is valued at roughly $2.38 million based on the market close on the transaction date.What is the recent performance context for the stock relative to this trade?
The shares were sold at $78.00, while the stock has delivered a roughly 30% return over the 12-month period ending on the transaction date. As of the August 5 market close, the share price was $77.90.Are there additional equity components to consider beyond the direct common stock?
Footnotes in the filing indicate that the insider's holdings include restricted stock units, which were corrected in this filing due to an administrative error in previous reports. No other share classes or indirect holdings were disclosed.Company OverviewMetricValueShare Price (as of market close 2026-08-05)$77.90Market Capitalization$4.7 billionRevenue (TTM)$4.1 billionNet Income (TTM)$237 millionCompany SnapshotTravel + Leisure Co. operates through two primary divisions: Vacation Ownership, which develops, markets, and sells fractional vacation ownership interests (VOIs) directly to consumers with integrated consumer financing, and Travel & Membership, which provides travel services and membership-based offerings to a global customer base.The company generates revenue through the sale of vacation ownership interests, consumer financing operations, property management services across vacation ownership properties, and membership-based travel products and services.The company primarily serves affluent individual consumers seeking vacation ownership experiences and travel-related membership benefits, with a global customer base spanning multiple geographic markets.Travel + Leisure Co. is a global hospitality enterprise with a market capitalization of $4.7 billion and TTM revenue of $4.1 billion, positioning it as a significant player in the vacation ownership and travel services sectors. The company leverages a diversified business model combining fractional ownership sales, consumer financing, and membership-based travel services to generate recurring revenue streams and enhance customer lifetime value. With operations across multiple vacation ownership properties, TNL maintains a competitive advantage through its integrated platform that captures value across the vacation ownership lifecycle and travel experience spectrum.

What this transaction means for investorsThe sale is bigger than what's left, which is the detail that stands out here because it certainly seems like a larger reduction than the typical executive trim. That said, the timing, coming two weeks after earnings, and the stock’s return, up around 30% over the past year, make this read more like locking in gains than heading for the exit. It’s worth noting too that the filing corrected an earlier error in how his restricted units were reported, so the remaining figure now should be accurate.

The company, meanwhile, gave him a decent backdrop to sell into. Late last month, Travel + Leisure reported that it grew second-quarter revenue 4% to $1.06 billion, lifted adjusted earnings per share 14% to $1.88, and raised its full-year profit guidance, helped by two resort acquisitions adding more than 100,000 owners. CEO Michael Brown said 2026 is delivering "compounding growth across the P&L." Ultimately, that owner base is the engine worth watching, because the vacation ownership model runs on selling more to existing members, and the acquisitions just widened that pool.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Jeffrey Myers, an executive at Travel + Leisure Co. (TNL -0.73%), sold 34,000 shares of common stock on August 4, according to an SEC Form 4 filing.

Transaction summaryMetricValueShares sold34,000Transaction value$2.6 millionPost-transaction shares (directly held)67,787Post-transaction value$5.29 millionTransaction value based on SEC Form 4 weighted average sale price ($77.76); post-transaction value based on August 4 market close ($78.06).

Key questionsWhat was the execution strategy for this disposition?
The shares were sold in multiple blocks at prices ranging from $77.75 to $77.96, resulting in a weighted average execution price of $77.76 per share.How does this transaction affect the insider's total beneficial ownership?
Jeffrey Myers maintains a remaining direct position of 67,787 shares, including restricted stock units that were adjusted in this filing to correct a prior administrative error.What is the company's current scale and market position?
Travel + Leisure Co. operates as a global hospitality firm with approximately 19,000 employees and a market capitalization of $4.7 billion as of the August 5 market close.What are the core revenue drivers for the enterprise?
The company reported trailing 12-month revenue of $4.1 billion, derived primarily from its Vacation Ownership and Travel & Membership divisions.Company OverviewMetricValueShare Price (as of market close 2026-08-05)$77.90Market Capitalization$4.7 billionRevenue (TTM)$4.1 billionNet Income (TTM)$237 millionCompany SnapshotTravel + Leisure Co. operates through two primary divisions: Vacation Ownership, which develops, markets, and sells fractional vacation ownership interests (VOIs) directly to consumers with integrated consumer financing, and Travel & Membership, which provides travel services and membership-based offerings to a global customer base.The company generates revenue through the sale of vacation ownership interests, consumer financing operations, property management services, vacation ownership properties, and membership-based travel products and services.The company primarily serves affluent individual consumers seeking vacation ownership experiences and travel-related membership benefits, with a global customer base spanning multiple geographic markets.Travel + Leisure Co. is a global hospitality enterprise with a market capitalization of $4.7 billion and TTM revenue of $4.1 billion, positioning it as a significant player in the vacation ownership and travel services sectors. The company leverages a diversified business model combining fractional ownership sales, consumer financing, and membership-based travel services to generate recurring revenue streams and enhance customer lifetime value. With over 19,000 employees and operations across multiple vacation ownership properties, TNL maintains a competitive advantage through its integrated platform that captures value across the vacation ownership lifecycle and travel experience spectrum.

What this transaction means for investorsSelling in tight blocks just under $78 and keeping more than he sold, Myers trimmed his position without unwinding it and walked away with 67,787 shares, over half his direct stake, plus additional RSUs, still in hand. That's the shape of ordinary profit-taking, an executive clipping some gains near a stock that has climbed around 30% over the past year, not backing away from the company. The filing also cleaned up a prior paperwork error in how his restricted units were counted, which changes nothing about the sale.

The business gave him a firm backdrop. Travel + Leisure grew second-quarter revenue 4% to $1.06 billion, raised its full-year profit guidance, and returned $125 million to shareholders in the quarter through dividends and buybacks, helped by two resort deals that widened its owner base. CEO Michael Brown said 2026 is delivering "compounding growth across the P&L." That shareholder return is a steadying feature to weigh against a run of insider sales, because ultimately, a company buying back its own stock while raising guidance signals more confidence than a few executive sales undercut.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

DENVER, Aug. 04, 2026 (GLOBE NEWSWIRE) -- (247marketnews.com) -- Artificial intelligence is reshaping digital marketing, but not every company is pursuing the opportunity in the same way. Recent developments from TNL Mediagene (NASDAQ: TNMG) and Totaligent (OTCID: TGNT) illustrate two distinct strategies: one centered on enterprise AI services built atop an established media and consulting business, the other focused on developing an AI-powered marketing platform while broadening its strategic ambitions through acquisitions.

TNL Mediagene's latest partnership with Miro represents an expansion of its AI-powered digital studio business rather than a pivot into a new market. Through its Japan-based subsidiary Infobahn, the company plans to combine decades of design-thinking and enterprise consulting experience with Miro's AI-powered visual collaboration platform to deliver organizational design and human resource development services for large enterprises in Japan. The initiative aligns with TNL Mediagene's broader strategy of embedding AI into advertising, marketing technology, consulting and digital transformation services across Asia.

The partnership also builds on an important foundation: digital studio services already represent TNL Mediagene's largest business segment, according to the company's fiscal 2025 annual report. Rather than introducing an entirely new business line, the company is extending existing client relationships by integrating AI-enabled workflows into consulting engagements, organizational transformation projects and enterprise collaboration.

Totaligent, by contrast, has emphasized building an AI-powered person-based digital marketing platform designed to combine audience targeting, campaign execution and automation into a unified offering. The company has completed quality assurance testing across its marketing platform and has described AI integration as central to its long-term strategy. At the same time, Totaligent has announced plans to pursue acquisitions and joint ventures beyond its core marketing business, including transactions involving healthcare technology and biologics distribution, reflecting a broader diversification strategy.

The contrast is notable. TNL Mediagene is leveraging established enterprise consulting capabilities, media brands and first-party audience relationships to expand higher-value AI services for existing customers. Its partnership with Miro focuses on workplace transformation, organizational design and collaborative innovation, areas where AI increasingly serves as an accelerator rather than a replacement for human expertise.

Totaligent's strategy is more platform-centric. The company is working to create an integrated marketing ecosystem while simultaneously seeking strategic acquisitions that could broaden its technology portfolio. That approach offers potentially larger optionality but also introduces greater execution complexity, as platform development, commercialization and acquisition integration all require sustained operational progress.

Both companies are responding to the same macro trend: enterprises increasingly want AI embedded directly into business workflows rather than deployed as standalone software. Yet they are attacking different portions of the value chain. TNL Mediagene is positioning itself as an enterprise AI services and consulting provider with strong regional expertise across Asia. Totaligent is attempting to build proprietary marketing infrastructure while expanding through strategic transactions.

Sources

TNL Mediagene Investor Relations: https://www.tnlmediagene.com/Miro: https://miro.com/Totaligent News: https://www.globenewswire.com/search/organization/TotaligentTotaligent Announcement: https://www.globenewswire.com/news-release/2025/12/23/3209858/0/en/Totaligent-Wraps-Up-2025-with-Completion-of-Full-Marketing-Platform-Shares-Holiday-Message-from-CEO.htmlTotaligent 2026 Annual Report (OTC Markets): https://www.otcmarkets.com/filing/html?guid=BbI-kpbfgj_WJth&id=19319920 About 24/7 Market News

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Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.

TNL Mediagene's Board of Directors has established a special committee of independent directors to evaluate, and make recommendations to the Board regarding, potential strategic transactions and alternatives available to the Company.

The special committee is composed solely of independent directors - Priscilla Han (Chair), Lauren Zalaznick, and Naoko Okumoto.

The special committee has retained Greenberg Traurig, LLP as its independent legal counsel and Imperial Capital, LLC as its independent financial advisor, each reporting solely to the special committee.

Tokyo, Japan--(Newsfile Corp. - August 3, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today announced that its Board of Directors (the "Board") has established a special committee of independent directors (the "Special Committee") to lead the Company's evaluation of potential strategic transactions and alternatives.

The Special Committee is composed solely of independent directors and consists of Priscilla Han, who serves as Chair, Lauren Zalaznick, and Naoko Okumoto. The Special Committee has been authorized by the Board to review, evaluate and, as appropriate, negotiate and make recommendations to the Board with respect to potential strategic transactions and alternatives available to the Company, which may include, among others, a financing, recapitalization, merger, business combination, share issuance, disposition or other strategic transaction, as well as the alternative of continuing to pursue the Company's existing operations. The Special Committee's mandate is to act in the best interests of the Company and its shareholders as a whole.

To assist in its work, the Special Committee has retained Greenberg Traurig, LLP as its independent legal counsel and Imperial Capital, LLC as its independent financial advisor. Each advisor was selected and engaged by, and reports solely to, the Special Committee. Imperial Capital's mandate is to identify and evaluate transactions that would maximize value for the Company's shareholders.

While the Special Committee conducts its evaluation, the Company's management will remain focused on the effective operation of the Company's businesses. Management will support the Special Committee's process as and when requested by the Special Committee, subject to the Special Committee's conflicts protocol and the recusal of any interested member of management from matters in which he or she has an interest.

No definitive course of action has been determined with respect to any strategic transaction or alternative, and there can be no assurance that the Special Committee's evaluation will result in any transaction, or as to the terms, structure or timing of any transaction that may be pursued. The Board cautions the Company's shareholders and others considering trading in the Company's securities that no decision has been made with respect to any transaction. The Company does not intend to disclose or comment on developments regarding the Special Committee's evaluation unless and until it determines that further disclosure is appropriate or required.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology company providing AI-powered advertising, marketing technology, content commerce, and data analytics solutions to brands and agencies across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

https://www.tnlmediagene.com/

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's management. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307650

Source: TNL Mediagene

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Travel + Leisure (NYSE:TNL) raised its full-year 2026 outlook after reporting stronger second-quarter results and announcing two acquisitions that management said will expand its resort network and owner base.

President and Chief Executive Officer Michael Brown said the company’s second-quarter and first-half performance reflected “consistent execution” and the durability of its business model, citing healthy owner trends, robust travel demand, recurring upgrade sales and increasing new owner sales.

For the second quarter, Travel + Leisure reported revenue of $1.06 billion and adjusted EBITDA of $269 million. Brown said gross vacation ownership interest, or VOI, sales increased 6% and exceeded the company’s guidance range, supported by high-quality tours and strong owner engagement. Volume per guest rose 2% year over year to $3,318, also ahead of plan.

Chief Financial Officer Erik Hoag said revenue increased 4%, adjusted EBITDA rose 8% and adjusted earnings per share grew 14% in the quarter. Adjusted EBITDA margin expanded 70 basis points, which he attributed to operating leverage across the business.

Vacation Ownership Drives Growth The company’s Vacation Ownership segment remained the primary driver of results. Hoag said gross VOI sales increased 6% to $693 million, while segment revenue rose 6% to $907 million. Segment adjusted EBITDA increased 13% to $247 million.

Hoag said tours increased 1% in the quarter, reflecting solid demand and new owner acquisition. New owner mix was slightly higher year over year, with healthy transaction volume and close rates.

Brown said the company’s consumer remains healthy and continues to prioritize travel. He pointed to first-half arrivals, adjusted for strategic resort closures, increasing year over year, as well as strong forward bookings. The booking window was 109 days and the average length of stay was four days, both at or above prior-year levels.

In response to a question from Patrick Scholes of Truist Securities about the state of the consumer, Hoag said booking patterns, forward bookings, length of stay and distance traveled remained consistent with what the company saw in the first quarter. “We’ve not seen anything in our metrics that would indicate there’s a weakening occurring,” Hoag said.

Guidance Raised After Strong First Half and Acquisitions Travel + Leisure raised its full-year outlook, citing stronger-than-expected core business performance and the expected contribution from the acquisitions of Yes& Vacations and Spinnaker Resorts.

Hoag said that, excluding acquisitions, the company now expects full-year adjusted EBITDA of $1.05 billion to $1.065 billion. Including the expected contribution from the acquisitions, Travel + Leisure now expects:

Gross VOI sales of $2.6 billion to $2.675 billion; Adjusted EBITDA of $1.065 billion to $1.085 billion; A consolidated loan loss provision rate of approximately 21%; A full-year adjusted tax rate of approximately 29%; Free cash flow conversion of roughly half of adjusted EBITDA; and Year-over-year adjusted EPS growth of approximately 20%. For the third quarter, the company expects gross VOI sales of $700 million to $740 million, adjusted EBITDA of $275 million to $285 million, and volume per guest of $3,300 to $3,350.

Yes& Vacations and Spinnaker Resorts Add Resorts and Owners Brown said the acquisitions of Yes& Vacations and Spinnaker Resorts add 23 resorts, including six properties in Hilton Head and seven in Maui. He described those markets as high-demand leisure destinations where new development is challenging.

The acquisitions also add more than 100,000 owners, expanding Travel + Leisure’s owner base by more than 10%. Brown said the acquired owners are similar in age and average income to the company’s existing owner base, and approximately 80% have fully paid off their timeshare loans.

Hoag said Travel + Leisure is investing approximately $340 million to acquire businesses expected to generate about $50 million of adjusted EBITDA on a full-year synergized basis. After securitizing roughly $80 million of finance receivables, he said net capital deployed falls to about $260 million, implying a net investment multiple of approximately 5 times adjusted EBITDA.

Hoag said the transactions add approximately 0.2 turn of leverage, and the company expects to end 2026 with leverage of 3.2 times. He said the deals were funded through cash and existing debt capacity and did not require a change to the company’s capital return commitment.

During the question-and-answer portion of the call, Brown said the acquisitions provide both resort portfolio expansion and a larger owner base for potential future upgrades, particularly as owners are introduced to Travel + Leisure’s broader network and points-based system.

Capital Returns Continue Management emphasized that shareholder returns remain a priority. Brown said the company returned $253 million to shareholders through dividends and share repurchases during the first half of the year and reduced common shares outstanding by 4%.

Hoag said the company repurchased approximately $88 million of common stock in the second quarter, up 25% from the prior year, while continuing to pay its quarterly dividend. He said Travel + Leisure expects a similar level of buybacks in 2026 compared with 2025, even after the announced acquisitions.

The company ended the quarter with more than $1.2 billion of available liquidity across cash and its revolving credit facility. Hoag also said Travel + Leisure completed its second asset-backed securities transaction of the year, raising $300 million at a 98% advance rate and a 5.52% coupon.

Loan Performance and Segment Trends Hoag said credit performance remained consistent with underwriting standards. Weighted average FICO scores at origination remained above 740, down payment levels improved year over year, and the loan provision rate was flat year over year. Delinquency rates improved sequentially from the first quarter.

Asked about loan loss trends, Hoag said early-stage delinquencies improved by roughly 80 basis points from the first quarter, more than the roughly 40 basis points of seasonal improvement the company would typically expect. He reiterated that Travel + Leisure expects its organic 2026 loan loss provision to be below 2025 levels, though the acquired portfolios are expected to add some pressure.

The Travel and Membership segment remained under pressure. Hoag said second-quarter revenue declined 5% to $157 million, while segment adjusted EBITDA fell 11% to $49 million, reflecting the continued evolution of the exchange business. He said the company is focused on stabilizing long-term earnings and free cash flow through operational improvements, strategic partnerships and digital initiatives.

Brown also highlighted progress in Travel + Leisure’s multi-brand strategy, saying Margaritaville is on track to exceed $150 million in annual VOI sales, Accor Vacation Club sales are on track to nearly double in 2026, and Eddie Bauer Adventure Club sales are exceeding expectations. Sports Illustrated Resorts is progressing, with the Nashville resort expected to open in the third quarter and sales already underway at a new sales center.

Brown closed the call by saying 2026 is “shaping up to be another great year” for the company, supported by first-half growth, the two acquisitions and continued capital discipline.

About Travel + Leisure (NYSE:TNL) Travel + Leisure Co (NYSE: TNL) is a leisure travel company headquartered in Orlando, Florida, that specializes in vacation ownership, membership programs and branded travel experiences. The company operates an extensive portfolio of vacation clubs and destination services, offering members access to resorts, hotels, cruises and guided tours in markets around the world. Through its flagship membership brands, Travel + Leisure Co provides curated vacation packages, exchange services and unique travel itineraries that cater to both individual and family travelers.

In addition to its membership offerings, Travel + Leisure Co manages a network of resort properties and hospitality assets across North America, the Caribbean, Europe and Asia-Pacific.

Travel + Leisure Co. (TNL) Q2 2026 Earnings Call Transcript

Travel + Leisure Co. (TNL - Free Report) reported $1.06 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 4.4%. EPS of $1.88 for the same period compares to $1.65 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.06 billion, representing a surprise of +0.56%. The company delivered an EPS surprise of -2.59%, with the consensus EPS estimate being $1.93.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Travel Leisure Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Revenues- Vacation Ownership: $907 million versus $903.41 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.3% change.Net Revenues- Travel and Membership: $157 million compared to the $159.43 million average estimate based on three analysts. The reported number represents a change of -5.4% year over year.Adjusted EBITDA- Travel and Membership: $49 million versus $52.9 million estimated by two analysts on average.Adjusted EBITDA- Corporate and Other: $-27 million versus the two-analyst average estimate of $-22.79 million.Adjusted EBITDA- Vacation Ownership: $247 million compared to the $242.65 million average estimate based on two analysts.View all Key Company Metrics for Travel Leisure Co. here>>>

Shares of Travel Leisure Co. have returned -3% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL), a leading leisure travel company, today reported second quarter 2026 financial results for the three months ended June 30, 2026. Highlights and outlook include: Net revenue of $1.06 billion. Gross VOI sales of $693 million, up 4% and 6% year-over-year, respectively(1) Net income of $109 million (diluted earnings per share of $1.72) Adjusted EBITDA of $269 million and Adjusted diluted earnings per share of $1.88, representing 8% an.

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE: TNL), a leading leisure travel company, today announced the closing of the acquisition of Yes& Vacations and, separately, entering into a definitive agreement to acquire Spinnaker Resorts, for a combined upfront purchase price of $343 million, subject to customary adjustments and contingent performance-based payments of up to $10 million. The Spinnaker Resorts acquisition is expected to close in the third quarter of 2026, subject to customary closing conditions. The transactions are expected to be immediately accretive to Adjusted EBITDA, Adjusted Diluted EPS and Adjusted Free Cash Flow. The Company is funding the acquisitions through cash and existing debt capacity and expects to end the year at a 3.2x leverage ratio, while sustaining share repurchases at similar levels to 2025.

Together, the transactions add more than 100,000 owners and 23 resorts to Travel + Leisure Co.’s vacation ownership network, expanding its presence in two of leisure travel’s most sought-after destinations, Maui and Hilton Head. Yes& Vacations added seven properties in Maui, and a flagship island-inspired resort on the Las Vegas Strip. Spinnaker Resorts will add six properties in Hilton Head, as well as resorts in attractive drive-to leisure destinations including Ormond Beach, Branson, and Williamsburg.

“Acquiring these companies strategically expands our presence in premier leisure destinations, adding quality inventory in markets where new development is challenging,” said Michael D. Brown, President and CEO of Travel + Leisure Co. “Combined, these transactions significantly expand our resort and owner base, creating meaningful opportunities to generate incremental revenue across our vacation ownership ecosystem.”

The upfront cash purchase price of $343 million is expected to be reduced by securitizing approximately $80 million of acquired consumer financing receivables, resulting in net capital deployed of approximately $263 million. On a full year basis, inclusive of identified synergies, these acquisitions are expected to contribute approximately $50 million of Adjusted EBITDA. Additional details regarding the strategic benefits and financial impact of these acquisitions will be discussed during the upcoming earnings call on July 22, 2026.

“These acquisitions reflect our approach to capital allocation – deploying capital where we believe it can generate attractive long-term returns while maintaining balance sheet flexibility and continuing our consistent approach to returning capital to shareholders,” added Erik Hoag, Chief Financial Officer at Travel + Leisure Co. “They are immediately accretive and create meaningful opportunities through owner monetization, receivables optimization and recurring management fee growth.”

“We are proud of what our team has built and deeply grateful to the owners and associates who have been part of this journey,” said Anthony Twist, CEO of Yes& Companies. “Joining Travel + Leisure Co. creates extraordinary opportunities for our people, our owners and our resorts. The company is a recognized leader in vacation ownership, shares our commitment to hospitality and has the scale and resources to carry Yes& Vacations into its next chapter.”

PJT Partners served as exclusive financial advisor to Travel + Leisure Co. in connection with the transactions. BofA Securities, Inc. served as exclusive financial advisor to Yes& Companies and J.P. Morgan served as exclusive financial advisor to Spinnaker Resorts.

To learn more about Travel + Leisure Co., please visit travelandleisureco.com.

Forward Looking Statements

This press release includes “forward-looking statements” as that term is defined by the Securities and Exchange Commission (“SEC”). Forward-looking statements are any statements other than statements of historical fact, including statements regarding our expectations, beliefs, hopes, intentions or strategies about the effects of the strategic transactions and closing of the Spinnaker Resorts transaction discussed in this press release and the future. In some cases, forward-looking statements can be identified by the use of words such as “will,” “intends,” or “expects,” or other words of similar meaning. Forward-looking statements are subject to risks and uncertainties that could cause actual results of Travel + Leisure Co. and its subsidiaries (“Travel + Leisure Co.” or “we”) to differ materially from those discussed in, or implied by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, risks associated with: the future prospects and plans for Travel + Leisure Co., including our ability to compete in the highly competitive timeshare and leisure travel industries; the health of the travel industry and declines or disruptions caused by adverse economic conditions (including inflation, recent tariff and other trade restrictions, higher interest rates, recessionary pressures, and any potential adverse economic impacts resulting from the U.S. federal government shutdown), travel restrictions, terrorism or acts of gun violence, political strife, war (including hostilities in Ukraine and the Middle East), pandemics, and severe weather events and other natural disasters; adverse changes in consumer travel and vacation patterns, consumer preferences and demand for our products; increased or unanticipated operating costs and other inherent business risks; our ability to comply with financial and restrictive covenants under our indebtedness; our ability to access capital and insurance markets on reasonable terms, at a reasonable cost or at all; maintaining the integrity of internal or customer data and protecting our systems from cyber-attacks; and those other factors disclosed as risks under “Risk Factors” in documents we have filed with the SEC, including in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 18, 2026. We caution readers that any such statements are based on currently available operational, financial and competitive information, and they should not place undue reliance on these forward-looking statements, which reflect management’s opinion only as of the date on which they were made. Except as required by law, we undertake no obligation to review or update these forward-looking statements to reflect events or circumstances as they occur.

Certain Financial Measures

The Company calculates its leverage ratio as its net debt (total debt outstanding, less non-recourse vacation ownership debt and cash and cash equivalents) divided by Adjusted EBITDA as defined in its credit agreement. Adjusted Diluted Earnings Per Share (EPS), Adjusted Free Cash Flow, EBITDA and Adjusted EBITDA are non-GAAP financial measures. EBITDA is defined by the Company as net income from continuing operations before depreciation and amortization, interest expense (excluding consumer financing interest), early extinguishment of debt, interest income (excluding consumer financing revenues) and income taxes, each of which is presented on the condensed consolidated statements of income. Adjusted EBITDA also excludes stock-based compensation costs, separation and restructuring costs, legacy items, transaction and integration costs associated with mergers, acquisitions, and divestitures, asset impairments/recoveries and inventory write-downs associated with the Company’s resort optimization initiative, gains and losses on sale/disposition of business, and items that meet the conditions of unusual and/or infrequent. Legacy items include the resolution of and adjustments to certain contingent assets and liabilities related to acquisitions of continuing businesses and dispositions, including the separation of Wyndham Hotels & Resorts, Inc. and Avis Budget Group, Inc. (ABG), and the sale of the vacation rentals businesses. Integration costs represent certain non-recurring costs directly incurred to integrate mergers and/or acquisitions into the existing business. We believe that when considered with GAAP measures, Adjusted EBITDA is useful to assist our investors in evaluating our ongoing operating performance for the current reporting period and, where provided, over different reporting periods. We also internally use this measure to assess our operating performance, both absolutely and in comparison to other companies, and in evaluating or making selected compensation decisions. Adjusted EBITDA should not be considered in isolation or as a substitute for net income/(loss) or other income statement data prepared in accordance with GAAP and our presentation of Adjusted EBITDA may not be comparable to similarly-titled measures used by other companies. Adjusted Free Cash Flow is defined by the Company as net cash provided by operating activities from continuing operations less property and equipment additions (capital expenditures) plus the sum of proceeds and principal payments of non-recourse vacation ownership debt, while also adding back cash paid for transaction costs for acquisitions and divestitures, separation adjustments associated with the spin-off of Wyndham Hotels, and certain adjustments related to COVID-19. TNL believes adjusted FCF to be a useful operating performance measure to evaluate the ability of its operations to generate cash for uses other than capital expenditures and, after debt service and other obligations, its ability to grow its business through acquisitions and equity investments, as well as its ability to return cash to shareholders through dividends and share repurchases. A limitation of using Adjusted free cash flow versus the GAAP measure of net cash provided by operating activities as a means for evaluating TNL is that Adjusted free cash flow does not represent the total cash movement for the period as detailed in the consolidated statement of cash flows. Adjusted Diluted EPS is defined by the Company as Adjusted net income divided by the diluted weighted average number of common shares. Adjusted Diluted EPS is useful to assist our investors in evaluating our ongoing operating performance for the current reporting period and, where provided, over different reporting periods.

About Travel + Leisure Co.

Travel + Leisure Co. (NYSE: TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Resorts, Eddie Bauer Adventure Club, Margaritaville Vacation Club, and Accor Vacation Club, as well as cornerstone brands, Club Wyndham, WorldMark, and RCI. With hospitality and responsible tourism at its heart, the company’s more than 19,000 dedicated associates worldwide help fulfill its mission to put the world on vacation. Learn more at travelandleisureco.com.

About Yes& Companies

Yes& Companies is an operating and investment platform with a long history of founding, acquiring, scaling and monetizing businesses across multiple industries. Rooted in hospitality, the company applies decades of entrepreneurial and operational experience to create, acquire and grow businesses, develop scalable platforms and create long-term enterprise value. Through its vacation ownership platform, Yes& Vacations, the company has developed, owned and managed premier resort communities in some of the world’s most sought-after leisure destinations. Today, Yes& Companies continues to own, operate and invest in businesses through disciplined execution, thoughtful capital allocation and a long-term approach to value creation. Learn more at www.yesandco.com or contact The Ferraro Group – [email protected].

About Spinnaker Resorts

Spinnaker operates 11 resorts, each offering a different experience and the local flavor of the unique locations. From the low-key coastal paradise of Hilton Head Island, South Carolina, to the sunny shores of Ormond Beach, Florida to the neon/natural draw of the Ozarks in Branson, Missouri and the historical playground of Williamsburg, Virginia – Spinnaker has developed resorts you’ll love to return to year after year. Our daily goal is to make sure you have the best possible vacation experience. Learn more at spinnakerresorts.com.

More News From Travel + Leisure Co.

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

One stock to keep an eye on is Travel Leisure Co. (TNL - Free Report) . TNL is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 8.65 right now. For comparison, its industry sports an average P/E of 16.81. Over the past 52 weeks, TNL's Forward P/E has been as high as 9.08 and as low as 5.73, with a median of 7.93.

Investors should also note that TNL holds a PEG ratio of 0.53. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TNL's industry currently sports an average PEG of 1.21. TNL's PEG has been as high as 0.74 and as low as 0.31, with a median of 0.54, all within the past year.

Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. TNL has a P/S ratio of 1.13. This compares to its industry's average P/S of 2.15.

Finally, investors will want to recognize that TNL has a P/CF ratio of 7.85. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 12.48. Within the past 12 months, TNL's P/CF has been as high as 8.16 and as low as 4.94, with a median of 6.71.

These are just a handful of the figures considered in Travel Leisure Co.'s great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that TNL is an impressive value stock right now.

TRAVEL + LEISURE ANNOUNCES 2026 WORLD'S BEST AWARDS, SHOWCASING THE TOP TRAVEL DESTINATIONS, HOTELS, AIRLINES, AND MORE PR News

Selected as one of eight Taiwan media organizations participating in the 2026 cohort of the Financial Times ("FT") Strategies AI Lab, supported by the Google News Initiative ("GNI")The program supports participating organizations in exploring how AI can enhance newsroom workflows, audience engagement, content discoverability, and operational efficiencyTNL Mediagene's participation engages its Taiwan media brands, including The News Lens and Business Insider TaiwanParticipation reflects the Company's broader strategy for FY2026 to advance AI-enabled products, data-informed content strategies, and technology-supported media operationsTokyo, Japan--(Newsfile Corp. - July 7, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today announced that it has been selected as one of eight Taiwan media organizations participating in the 2026 cohort of the Financial Times ("FT") Strategies AI Lab, supported by the Google News Initiative ("GNI").

The multi-month program supports participating media organizations in exploring how AI technologies can enhance newsroom workflows, audience engagement, content discoverability, and operational efficiency as the industry adapts to rapid changes driven by AI technologies. It also emphasizes responsible AI experimentation, governance, and long-term organizational development.

The 2026 Taiwan cohort comprises eight media organizations spanning print, magazine, wire service, and digital-native sectors. TNL Mediagene's participation engages its Taiwan media brands, including The News Lens and Business Insider Taiwan.

Participation aligns with the Company's broader strategic direction for FY2026, which is focused on advancing AI-enabled products, data-informed audience and content strategies, marketing technology solutions, and technology-supported media operations alongside its digital studio and content commerce businesses. Since FY2025, the Company has continued to incorporate AI across its operations while expanding internal experimentation and AI-assisted product development.

"Generative AI is reshaping how audiences discover, consume, and interact with digital content and information. We believe ongoing experimentation, operational learning, and responsible AI integration are increasingly important to the future of digital media. Through this program, we aim to evaluate how AI-enabled workflows, audience engagement, and operational efficiency can support the long-term development of our media and technology businesses," said Mario Yang, Co-Founder & Taiwan Chief Content Officer of TNL Mediagene.

The program is currently in its exploration and experimentation phase. The Company may provide further updates regarding relevant developments, or future initiatives where appropriate.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology company providing AI-powered advertising, marketing technology, content commerce, and data analytics solutions to brands and agencies across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

https://www.tnlmediagene.com/

About 2026 GNI Taiwan AI Lab

The 2026 GNI Taiwan AI Lab is a three-month hands-on program designed to support news organizations seeking to accelerate their AI learning journey and begin actively exploring practical AI application opportunities. The program combines the Financial Times' (FT) deep understanding of the news industry with Google's expertise in technology to help participating organizations advance AI experimentation and implementation.

The 2026 Taiwan AI Lab will invite eight news organizations to participate. Throughout the program, participating organizations will gradually develop a forward-looking and responsible vision for AI adoption, while exploring how AI can be applied within their organizations through practical experiments and testing. Participating news organizations are expected to have an established digital audience base, ideally with at least 500,000 monthly unique visitors. In addition, organizations should possess a certain level of talent and technical capabilities to leverage data and technology tools, conduct meaningful AI application experiments, and evaluate their impact on business performance and operations.

https://programmes.ftstrategies.com/ai-lab-taiwan-2026

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's management. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304219

Source: TNL Mediagene

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ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) announced today it will release second quarter 2026 financial results on Wednesday, July 22, 2026, before the market opens, followed by a conference call at 8:30 a.m. EDT. Michael D. Brown, President and CEO, and Erik Hoag, CFO, will discuss the Company's financial performance and business outlook.

Participants may listen to a simultaneous webcast of the conference call, which may be accessed through the Company's website at travelandleisureco.com/investors, or by dialing 877-733-4794 ten minutes before the scheduled start time. For those unable to listen to the live broadcast, an archive of the webcast will be available on the Company's website for 90 days beginning at 12:00 p.m. EDT on July 22, 2026.

About Travel + Leisure Co.

Travel + Leisure Co. (NYSE: TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The Company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Resorts, Eddie Bauer Adventure Club, Margaritaville Vacation Club, and Accor Vacation Club, as well as cornerstone brands Club Wyndham, WorldMark, and RCI. With hospitality and responsible tourism at its heart, the Company’s more than 19,000 dedicated associates worldwide help fulfill its mission to put the world on vacation. Learn more at travelandleisureco.com.

More News From Travel + Leisure Co.

ORLANDO, Fla.--(BUSINESS WIRE)--U.S. News & World Report named Travel + Leisure Co. to its 2026-2027 list of Best Companies to Work For.

- Business Insider Taiwan's YouTube channel has surpassed 50,000 subscribers less than one year after launch
- The platform's website is expected to surpass 500,000 monthly visits for the first time in June 2026
- Approximately 40% of total views now come from audiences outside Taiwan

Tokyo, Japan--(Newsfile Corp. - June 26, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today reported strong first-year growth for Business Insider Taiwan, the Chinese-language edition it launched in 2025 as part of its AI-assisted multilingual expansion strategy.

Business Insider Taiwan was launched to extend the Company's established Business Insider Japan franchise into Chinese-speaking markets, applying the audience and operational know-how built in Japan to a new language market. The brand's early trajectory reflects the Company's broader strategy of pairing globally recognized media brands with local editorial expertise and AI-enabled workflows to build scalable audience and content growth across markets.

Business Insider Taiwan's YouTube channel, launched in July 2025, has surpassed 50,000 subscribers and one million views less than a year after launch. The media brand's website, launched in September 2025, has continued to grow month over month and is on track to surpass 500,000 monthly visits for the first time in June 2026, nearly doubling from the previous month and marking a new record for the brand.

The audience is increasingly international. Approximately 40% of total views now come from outside Taiwan, and nearly one-third of total viewing hours are generated by international audiences in Hong Kong, North America, Southeast Asia, and other Chinese-speaking markets — evidence that a locally produced edition can serve a global Chinese-speaking readership.

From an operational perspective, the growth has been supported by AI-assisted localization workflows integrated with human editorial review. Combining technology with editorial judgment has allowed the Company to increase publishing efficiency and accelerate the delivery of global stories to local audiences while expanding content output and maintaining editorial quality and depth.

"Business Insider Taiwan demonstrates how a trusted global media brand can be expanded into a new language market when you combine local editorial expertise with AI-assisted operations. The progress achieved so far provides encouraging evidence that these capabilities can help accelerate audience growth, support new monetization opportunities, and strengthen the long-term value of trusted media brands," said Joey Chung, Co-Founder & President of TNL Mediagene.

"Our goal is not simply to translate global stories, but to make them meaningful and relevant for Chinese-speaking audiences. By combining original reporting, editorial judgment, and AI-assisted workflows, we are able to deliver broader international perspectives while dedicating more resources to analysis, context, and locally relevant storytelling," said April Lin, Editor-in-Chief of Business Insider Taiwan.

The Company views the growth of Business Insider Taiwan as an encouraging example of how established global media brands can be successfully expanded into new language markets through a combination of editorial expertise, AI-assisted operations, and platform-native distribution. The initiative reflects the Company's broader strategy of combining trusted brands, technology-enabled operations, and audience-focused innovation to create scalable growth opportunities across markets.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology company providing AI-powered advertising, marketing technology, content commerce, and data analytics solutions to brands and agencies across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

https://www.tnlmediagene.com/

About Business Insider Taiwan

Business Insider Taiwan delivers the latest business news, industry trends, technological innovations, and international financial reporting. Through in-depth analysis of both global and local developments, Mandarin-speaking readers worldwide gain critical business intelligence and actionable insights for decision-making.

https://www.businessinsider.tw/

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's management. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302982

Source: TNL Mediagene

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Denny Marie Post, Director of Travel + Leisure Co. (TNL 2.62%), disclosed a sale of 2,500 common shares for a total of ~$160,000 on May 14, 2026, according to a SEC Form 4 filing.

Transaction summaryMetricValueShares sold (direct)2,500Transaction value$160KPost-transaction shares (direct)1,977Post-transaction value (direct ownership)$126KTransaction value based on SEC Form 4 reported price ($63.83); post-transaction value based on May 14, 2026, market close ($63.58).

Key questionsHow does this sale compare to Denny Marie Post's recent trading activity?
Since May of last year, Denny Marie Post has completed two open-market sales totaling 8,000 shares, with this transaction constituting the smaller of the two as capacity diminished following an initial 5,500-share sale in May 2025.What portion of her overall holdings does this trade represent?
The 2,500 shares sold accounted for 55.84% of her direct ownership, reducing her stake from 4,477 to 1,977 directly held shares, with no remaining indirect or derivative interests reported.Was the transaction conducted at a premium or discount relative to recent trading levels?
The shares were sold at around $63.83 per share, closely aligned with the May 14, 2026 market close of $63.58 and modestly above the current price of $62.55 as of May 19, 2026.Does this activity indicate a change in sentiment or strategy?
The cadence and size of sales are consistent with ongoing portfolio management, and the smaller trade size reflects a significantly reduced available share base rather than an active shift in disposition strategy.Company overviewMetricValueRevenue (TTM)$4.05 billionNet income (TTM)$237.00 millionDividend yield3.22%1-year price change29.10%* 1-year price change calculated using May 14th, 2026 as the reference date.

Company snapshotOffers vacation ownership interests, resort property management, vacation exchange networks, travel memberships, and private-label travel technology solutions.Generates revenue through the sale and financing of vacation ownership interests, membership fees, and travel technology services.Serves individual consumers seeking vacation ownership and travel experiences, as well as businesses utilizing travel technology and booking solutions.Travel + Leisure Co. operates a diversified hospitality platform focused on vacation ownership and travel membership services. The company leverages a broad portfolio of resorts and travel brands to capture recurring revenue streams from both individual and business clients.

What this transaction means for investorsTravel + Leisure director Denny Marie Post sold 2,500 shares for about $160,000 and now has only 1,977 shares remaining. That sounds alarming, but she holds 42,758 deferred shares and 741 restricted shares. That means they are not available for sale until a future date. So, she still has a substantial stake in the company, and this sale does not appear particularly meaningful to investors.

The travel industry in general has rebounded in a big way since the COVID-19 pandemic derailed many people’s vacation plans. Many of today’s consumers are prioritizing experiences over material goods, and this trend seems to be holding up despite concerns about the broader economy.

So, is this particular company’s stock a buy for the average investor?

Travel + Leisure focuses on vacation property ownership and travel membership services. While timeshares themselves may not appreciate much in value, the company’s stock is highly appealing to investors. It trades at a reasonable price-to-earnings ratio and offers an attractive dividend yield. The bearish angle is that the company carries substantial debt. And despite consumers’ continued appetite for travel experiences, the industry as a whole can be cyclical and dependent on economic factors.

Investors who seek exposure to travel stocks may prefer an ETF that holds a broad range of hospitality and entertainment companies, such as the Invesco Leisure and Entertainment ETF (PEJ 0.84%).

Pamela Kock has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) (the “Company”) announced today the pricing of its private offering (the "Offering") of $900 million aggregate principal amount of its senior secured notes due 2031 (the "Notes"). The Offering is expected to close on May 20, 2026. The closing of the Offering is subject to the satisfaction of customary and market conditions.

The Company intends to use the net proceeds of this Offering to redeem all of the Company’s outstanding 6.625% secured notes due July 2026, towards repayment of outstanding borrowings under its revolving credit facility and, to the extent there are any remaining proceeds, for general corporate purposes.

The Notes will bear interest at the rate of 6.250% per year. Interest on the Notes will be payable semi-annually on June 1 and December 1 of each year, commencing December 1, 2026. The Notes will mature on June 1, 2031 unless earlier redeemed in accordance with their terms. Prior to June 1, 2028, we will be entitled at our option to redeem all or a portion of the Notes at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus a “make-whole premium” plus any accrued and unpaid interest. At any time on or after June 1, 2028, we may redeem all or a portion of the Notes at certain redemption prices above their face amount plus any accrued and unpaid interest. On or after June 1, 2030 we will be able to redeem the Notes at par plus any accrued and unpaid interest. The Notes were offered at a price of 100% of their principal amount.

The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), any state securities laws or the securities laws of any other jurisdiction, and may not be offered or sold in the United States, or for the benefit of U.S. persons, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities or blue sky laws. Accordingly, the Notes were offered only to persons reasonably believed to be "qualified institutional buyers," as that term is defined under Rule 144A of the Securities Act, or to non-"U.S. persons" in offshore transactions in accordance with Regulation S under the Securities Act.

A confidential offering memorandum for the Offering of the Notes has been made available to such eligible persons. The Offering is being conducted in accordance with the terms and subject to the conditions set forth in such confidential offering memorandum.

This press release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offer, or solicitation to buy, if at all, will be made only by means of a confidential offering memorandum. This press release does not constitute a notice of redemption of its 6.625% secured notes due July 2026.

About Travel + Leisure Co.

Travel + Leisure Co. is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Resorts, Eddie Bauer Adventure Club, Margaritaville Vacation Club and Accor Vacation Club, as well as cornerstone brands Club Wyndham, WorldMark and RCI. With hospitality and responsible tourism at its heart, the company’s more than 19,000 dedicated associates worldwide help fulfill its mission to put the world on vacation.

Forward-Looking Statements

This press release includes “forward-looking statements” as that term is defined by the Securities and Exchange Commission (“SEC”). Forward-looking statements are any statements other than statements of historical fact. In some cases, forward-looking statements can be identified by the use of words such as “may,” “will,” “expects,” “should,” “believes,” “plans,” “anticipates,” “intends,” “estimates,” “predicts,” “potential,” “projects,” “continue,” “future,” “outlook,” “guidance,” “commitments,” or other words of similar meaning. Forward-looking statements are subject to risks and uncertainties that could cause actual results of the Company and its subsidiaries to differ materially from those discussed in, or implied by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, risks associated with: the acquisition of the Travel + Leisure brand and the future prospects and plans for Travel + Leisure Co., including our ability to execute our strategies to grow our cornerstone timeshare and exchange businesses and expand into the broader leisure travel industry through our travel clubs; the health of the travel industry and declines or disruptions caused by adverse economic conditions (including inflation, recent tariff actions and other trade restrictions, higher interest rates, and recessionary pressures), travel restrictions, terrorism or acts of violence, political strife, war (including hostilities in Ukraine and the Middle East), pandemics, and severe weather events and other natural disasters; our ability to compete in the highly competitive timeshare and leisure travel industries; uncertainties related to acquisitions, dispositions and other strategic transactions; adverse changes in consumer travel and vacation patterns, consumer preferences and demand for our products; increased or unanticipated operating costs and other inherent business risks; our ability to comply with financial and restrictive covenants under our indebtedness; our ability to access capital and insurance markets on reasonable terms, at a reasonable cost or at all; maintaining the integrity of internal or customer data and protecting our systems from cyber-attacks; compliance with consumer privacy laws; the timing and amount of future dividends and share repurchases, if any; failure to obtain the necessary court approvals associated with our resort optimization initiative; and those other factors described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 18, 2026, and subsequent periodic reports filed with the SEC. The Company cautions readers that any such statements are based on currently available operational, financial and competitive information, and they should not place undue reliance on these forward-looking statements, which reflect management’s opinion only as of the date on which they were made. Except as required by law, the Company undertakes no obligation to review or update these forward-looking statements to reflect events or circumstances as they occur.

More News From Travel + Leisure Co.

Key Highlights

Digital Studio Remains Largest Revenue Source: The digital studio segment generated $18.7 million, or 41.4% of FY2025 total revenue, continuing to anchor the Company's strategic focus on digital studio services and supporting a growing pipeline of long-term client engagements in Japan and government and NPO project contracts in Taiwan

Cost Discipline and Efficiency Initiatives: Despite incurring a full year of public company compliance costs in FY2025 (the Company became Nasdaq-listed in December 2024), the Company implemented a comprehensive cost reduction program in the second half of FY2025 - including headcount reductions, Taiwan office consolidation, and IT infrastructure optimization - the benefits of which are expected to flow more meaningfully into FY2026

Year-over-Year Reduction in Net Loss: Net loss decreased by $40.4 million year-over-year to $44.6 million in FY2025, primarily reflecting the absence of one-time expenses associated with the Company's December 2024 Nasdaq listing and lower finance costs

Tokyo, Japan--(Newsfile Corp. - May 12, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today announced its financial results for the fiscal year ended December 31, 2025, and the filing of its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the "SEC") on April 30, 2026.

The FY2025 results reflect the Company's operations during the fiscal year ended December 31, 2025, prior to the leadership realignment and 2026 strategic initiatives announced on April 2, 2026. As previously disclosed, the Company appointed new leadership and adopted FY2026 initiatives intended to strengthen operational execution and accelerate its strategic focus on digital studio services, content commerce, and AI-powered products. Additional information is available in the Company's April 2, 2026 press release, and the related Form 6-K filed with the SEC.

FY2025 Business and Operational Highlights

Digital Studio - Primary Strategic Focus and Largest Revenue Business Unit: The digital studio business unit, which the Company has positioned as its primary strategic focus, generated $18.7 million in FY2025, representing 41.4% of total revenue and the Company's largest reporting segment. Performance in this segment is supported by long-term client engagements in Japan and government and NPO project contracts in Taiwan, which contribute to a degree of revenue visibility relative to other segments. The Company also served as the lead partner for "TechGALA Japan 2026," a global tech conference held in Nagoya in January 2026 that featured over 150 participating companies in its exhibition, further reinforcing the Company's positioning in the digital studio market. See Item 5 of the Company's FY2025 Form 20-F for further discussion.

AI Integration Across Operations: The Company continues to integrate AI technologies into its operations, including AI-assisted content production in its digital media business and AI-enabled product development in its digital studio business that commenced in the fourth quarter of FY2025. These initiatives are intended to support content production efficiency and to expand the Company's product offerings to clients. See Item 5 of the Company's FY2025 Form 20-F for further discussion.

AI-Assisted Product Development in Digital Studio Commenced in Q4 2025: During the fourth quarter of FY2025, the Company commenced development of AI-assisted products and services within its digital studio business, with AI tools now broadly deployed across many of its digital studio client engagements. These offerings are at an early stage of development. The Company believes the integration of AI capabilities with its digital studio creative and strategic services may, over time, support deeper client relationships and the development of new revenue streams; however, there can be no assurance that such offerings will be developed or commercialized successfully or in a timely manner. See Item 5 of the Company's FY2025 Form 20-F for further discussion.

Cost Efficiency Initiatives Implemented: During the second half of FY2025, the Company implemented a comprehensive cost efficiency program, including headcount reductions, office space consolidation in Taiwan, and IT infrastructure optimization. The Company expects the full benefits of these initiatives to contribute more meaningfully to the Company's cost structure in FY2026. See Item 5 of the Company's FY2025 Form 20-F for further discussion.

Total revenue for FY2025 was $45.0 million, compared to the preliminary revenue outlook of $49.1 million that the Company announced in December 2025. The variance primarily reflected (i) softer-than-anticipated revenue performance in certain operations within the Company's digital studio business, including delays in project executions and project cancellations; (ii) softer-than-anticipated revenue performance in the Company's digital media business; and (iii) consolidation adjustments to revenue. The Company's preliminary revenue outlook published in December 2025 was a forward-looking statement subject to the cautionary disclosures previously published with that outlook, and is subject to the same risks, uncertainties, and limitations discussed below under "Cautionary Statement Regarding Forward-Looking Statements."

2026 Strategic Initiatives and Recent Leadership Changes

As previously announced on April 2, 2026, the Company completed a leadership realignment and adopted a set of strategic initiatives for FY2026 designed to strengthen operational execution, accelerate the strategic pivot toward digital studio services, content commerce, and AI-powered products, and enhance long-term shareholder value. These initiatives include a comprehensive review of the Company's business portfolio, continued cost discipline measures, and the development and commercialization of AI-powered products through a dedicated research and development team. For additional information regarding the leadership realignment and FY2026 strategic initiatives, please refer to the Company's press release dated April 2, 2026, and the related Report of Foreign Private Issuer on Form 6-K filed with the SEC.

Financial Highlights and Liquidity

Year-over-Year Reduction in Net Loss: Net loss decreased by $40.4 million year-over-year to $44.6 million in FY2025 from $85.0 million in FY2024. The reduction was primarily attributable to (i) the absence in FY2025 of one-time expenses associated with the Company's December 2024 Nasdaq listing, including a $38.2 million non-cash listing expense and approximately $4.1 million of professional service fees, and (ii) lower finance costs of $0.9 million in FY2025 compared to $8.2 million in FY2024. See Item 5 of the Company's FY2025 Form 20-F for further discussion.

Non-Cash Impairment of Goodwill and Intangible Assets: Operating loss for FY2025 included an impairment charge of $39.2 million relating to the write-off of goodwill and intangible assets associated with the Company's Japan-based Mediagene business. The impairment was a non-cash charge and did not impact the Company's cash position. As described in Note 11 to the Company's FY2025 consolidated financial statements, the initial business plan used for the enterprise value evaluation in connection with the May 2023 merger of the Company and Mediagene Inc. was based on a growth rate reflecting the anticipated expansion strategy and synergies of the merger; however, following the merger and during subsequent operations, the anticipated synergies have continued to fall short of initial expectations due to further changes in the overall environment, necessitating additional adjustments to the financial projections. As a result of the downward revision in projected future revenues, the fair value declined and an additional impairment loss was recognized in the current period.

Liquidity Position and Going Concern Disclosure: The Company's cash and cash equivalents were $1.9 million as of December 31, 2025. The FY2025 audited consolidated financial statements include a going concern emphasis-of-matter, and the Company will require additional financing to fund its operations beyond FY2026. During FY2025, the Company secured additional funding through draws on its equity line of credit and the issuance of equity and convertible debt, and the Company is exploring additional financing alternatives. See Item 5 of the Company's FY2025 Form 20-F for a detailed discussion of the Company's liquidity, going concern considerations, and management's plans.

Access to the FY2025 Annual Report:

The Company's FY2025 Annual Report on Form 20-F is accessible on the SEC's EDGAR system at www.sec.gov and on the Company's investor relations website at www.tnlmediagene.com/ir. Shareholders may also request a hard copy of the FY2025 Annual Report, including the audited consolidated financial statements, free of charge, by contacting the Company at [email protected].

Internal Control Over Financial Reporting:

As disclosed in Item 15 of the FY2025 Annual Report on Form 20-F, management has concluded that the Company's internal control over financial reporting was not effective as of December 31, 2025, due to three previously identified material weaknesses that have not yet been fully remediated. The Company has implemented, and continues to implement, remediation actions, which are described in Item 15 of the FY2025 Form 20-F. Investors are encouraged to review Items 3.D ("Risk Factors") and 15 ("Controls and Procedures") of the FY2025 Form 20-F for further information.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements regarding (i) the Company's strategic priorities, including the digital studio business as the Company's primary strategic focus; (ii) the Company's expectations regarding the development and commercialization of AI-assisted products and services within its digital studio business; (iii) the expected benefits of the cost efficiency initiatives implemented during the second half of FY2025, including expected impact on FY2026 results; (iv) the variance between the Company's FY2025 actual revenue results and the preliminary revenue outlook the Company announced in December 2025; (v) the Company's liquidity, going concern considerations, and ongoing efforts to secure additional financing; (vi) statements by TNL Mediagene's management; and (vii) the Company's strategic initiatives for FY2026 as described in the Company's April 2, 2026 press release, including portfolio review and optimization, cost discipline measures, and the development and commercialization of AI-powered products. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's FY2025 Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are material that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

###

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297101

Source: TNL Mediagene

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ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE: TNL), a leading leisure travel company, today announced the official launch of Eddie Bauer Adventure Club, a new hospitality concept that brings the spirit of one of America’s original outdoor brands to life in a fully immersive travel experience. Marking its debut, the brand’s first destination is now open in Moab, Utah—setting the stage for a portfolio designed for exploration, connection, and the spirit of living your adventure.

Created in partnership with Authentic Brands Group (Authentic), owner of the Eddie Bauer brand, Eddie Bauer Adventure Club represents the brand’s first venture into hospitality. Rooted in more than a century of outdoor heritage, the club transforms Eddie Bauer’s ‘Live Your Adventure’ ethos into a stay experience that blends thoughtful design, curated programming, and access to the natural world.

The inaugural Moab property introduces the brand through a destination synonymous with adventure. Featuring 39 suites — including studios and one-, two-, and three-bedroom accommodations — the resort reflects Eddie Bauer’s rugged yet refined sensibility. Interiors balance outdoor-inspired materials with modern comforts such as kitchenettes or full kitchens, in-unit laundry, and spacious living areas, creating a basecamp for discovery and relaxation.

“The launch of Eddie Bauer Adventure Club marks an exciting evolution for our company as we continue to expand into experience-driven hospitality,” said Michael D. Brown, president and CEO of Travel + Leisure Co. “Moab is the ideal first destination—where the brand’s legacy of adventure can come to life in a meaningful way. This is just the beginning as we build a new kind of vacation club experience centered on exploration and connection.”

Located near iconic landscapes such as Arches National Park and Canyonlands National Park, the Moab destination offers guests and owners direct access to some of the country’s most celebrated outdoor experiences. From hiking and mountain biking to river rafting, off-roading, and stargazing, each stay is designed to immerse travelers in the energy and beauty of the surrounding environment.

Eddie Bauer Adventure Club is designed with thoughtful sustainability initiatives intended to help guests explore more responsibly. Refillable hydration stations, reusable bottle programs, and reduced single-use plastic amenities are integrated throughout the experience as part of the brand’s commitment to outdoor stewardship.

“For a brand built on ‘Live Your Adventure,’ the debut of Eddie Bauer Adventure Club is about extending the brand beyond products and into lived experience,” said David Brooks, EVP, Action Sports at Authentic. “Moab is the first expression of that vision—an environment where the spirit of adventure isn’t just represented but fully realized. Together with Travel + Leisure Co., we’re creating a platform for future destinations that stay true to the brand’s heritage while inviting people to engage with it in a new way.”

Founding owners of Eddie Bauer Adventure Club gain access to a range of exclusive benefits, including an annual curated excursion for two, priority booking privileges, and 50% savings on Eddie Bauer apparel and gear. These offerings are designed to extend the adventure beyond each stay and deepen the connection to the brand.

Ways to Experience Eddie Bauer Adventure Club in Moab

Owner Reservations – Founding and new members can secure stays at the Moab resort while enjoying exclusive Adventure Club benefits. Learn more at eddiebaueradventureclub.com. Rental Stays – Travelers can explore the vacation club lifestyle through short-term rental bookings available on ExtraHolidays.com. Made for Moab: Red Rock & Roam Sweepstakes – To celebrate the brand launch, the vacation club is hosting a year-long sweepstakes featuring a grand prize that includes a seven-night stay, $2,000 airline credit, and a $1,000 virtual promotional prepaid Mastercard for adventure gear, along with additional weekly and monthly prizes. As the first destination in the Eddie Bauer Adventure Club portfolio, Moab establishes the foundation for future locations designed to inspire adventure-minded travelers. The launch reinforces Travel + Leisure Co.’s leadership in creating a diversified, performance-driven portfolio of vacation ownership brands, including experiential options like Sports Illustrated Resorts in partnership with Authentic, Margaritaville Vacation Club, and Accor Vacation Club, and cornerstone brands Club Wyndham, WorldMark, and RCI.

For more information about Eddie Bauer Adventure Club, visit eddiebaueradventureclub.com.

To learn more about Travel + Leisure Co. and its portfolio of leisure travel brands, please visit travelandleisureco.com.

Sweepstakes Entry Rules: NO PURCHASE NECESSARY OR SPIN NECESSARY TO ENTER OR WIN. A PURCHASE OR SPIN OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING. The Red Rock and Roam Giveaways is open only to residents of the 50 United States and D.C. and Puerto Rico, who are 28 years of age or older are eligible. Void where prohibited. Starts at 12:00:01 AM ET on 1/12/2026 and ends at 11:59:59 PM ET on 1/12/2027 and will consist of 52 weekly, 12 monthly and 1 grand prize entry pools. Visit Official Rules for official rules, odds, prize details and to enter. Sponsor: Wyndham Resort Development Corporation d/b/a Eddie Bauer Adventure Club 501 W. Church St., Orlando, FL 32805.

About Travel + Leisure Co.

Travel + Leisure Co. (NYSE: TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Resorts, Eddie Bauer Adventure Club, Margaritaville Vacation Club, and Accor Vacation Club, as well as cornerstone brands, Club Wyndham, WorldMark, and RCI. With hospitality and responsible tourism at its heart, the company’s more than 19,000 dedicated associates worldwide help fulfill its mission to put the world on vacation. Learn more at travelandleisureco.com.

About Authentic Brands Group

Authentic Brands Group (Authentic) is a leading sports, media, entertainment and lifestyle platform. As the owner of some of the most iconic and beloved intellectual property in the world, Authentic acquires and invests in brands to create long-term value for all of its stakeholders.

A digital-first, asset-light platform, Authentic sits at the intersection of culture, commerce and technology. It brings brands to life and cultivates fandom through powerful storytelling, premium content and unforgettable live experiences. Together with nearly 2,000 best-in-class licensing partners across 150 countries and an expansive distribution network, Authentic’s brands drive more than $38 billion in annual systemwide retail sales worldwide.

Authentic’s diversified portfolio spans more than 50 brands and reaches nearly one billion social media followers. Its roster includes Reebok, Champion, Shaquille O’Neal, David Beckham, Kevin Hart, Sports Illustrated, Elvis Presley, Muhammad Ali, Marilyn Monroe, Guess?, Aéropostale, Nautica, Eddie Bauer, Lucky Brand, Nine West, Brooks Brothers, Juicy Couture, Vince Camuto, Izod, Van Heusen, Dockers, Ted Baker, Hart Schaffner Marx, Vince, Barneys New York, Judith Leiber, Quiksilver, Spyder, Billabong, Volcom, Roxy, RVCA, DC Shoes, Prince, Sperry and Hunter.

For more information, visit corporate.authentic.com. Follow Authentic on LinkedIn, Instagram and WeChat.

About Eddie Bauer

For more than 100 years, outdoor brand Eddie Bauer has been inspiring, enabling, and empowering people to live their adventure with products that are built to last. Their performance outerwear, apparel, footwear, accessories, and gear. Shop on eddiebauer.com. Follow on Instagram, Facebook and X.

More News From Travel + Leisure Co.

Ad2iction, a subsidiary of the Company, launches upgraded Ad2 AI Audience to support the shift from tracking-based advertising toward predictive AI audience modeling in the AI search eraThe upgraded solution integrates retail transaction data, consumer intent, content engagement, and advertising interaction signals to refine AI Audience ModelsOver the past year, the solution has supported advertising and marketing campaigns across more than 35 industry categories, which based on commonly used industry classifications in the advertising industry and over 370 brands in TaiwanAd2iction also introduces "Immersion," a new AI-enhanced interactive advertising format combining AI-assisted creative generation with interactive storytelling experiencesLaunch reflects the Company's continued expansion of AI integration, audience intelligence, and AI-driven marketing technology capabilitiesTokyo, Japan--(Newsfile Corp. - May 20, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia today announced that its subsidiary Ad2iction has launched an upgraded version of Ad2 AI Audience. The upgraded Ad2 AI Audience integrates retail transaction data, consumer intent, content engagement, and advertising interaction signals to help brands navigate the industry-wide shift from tracking-based advertising toward predictive AI audience modeling.

Ad2 AI Agent is Ad2iction's AI-powered marketing solution that includes "AI Audience" and "AI Creative" capabilities across digital marketing environments.

The launch of the upgraded Ad2 AI Audience reflects the Company's broader 2026 strategic focus on expanding AI-powered products, audience intelligence, and marketing technology capabilities alongside its digital studio and content commerce businesses. As previously disclosed, the Company has been accelerating the integration and commercialization of AI-driven products and solutions across its operations as part of its long-term growth strategy.

As AI-powered search features and generative AI interfaces increasingly reshape how consumers discover products and information, brands are finding it more difficult to rely solely on conventional tracking signals such as cookies, clicks, and traditional attribution models to understand audiences. At the same time, the growing adoption of AI tools and the rise of zero-click search behaviors continue to transform digital consumer journeys.

The upgraded Ad2 AI Audience builds dynamic AI audience models by integrating multi-dimensional behavioral and consumer intent signals to enhance the prediction of consumer interests and behavioral tendencies. Compared with traditional audience analysis approaches that rely on tracking-based methods, the solution shifts toward real-world data-driven modeling, drawing on signals derived from fragmented digital environments and actual consumer behaviors. The solution also incorporates dynamic updating and AI audience scoring mechanisms, enabling its models to recalibrate audience relevance and advertising performance as consumer environments evolve.

The upgraded Ad2 AI Audience integrates diverse anonymized transaction and behavioral datasets, including retail transaction data from Taiwan's leading financial information platforms, as well as consumer intent and content engagement signals accumulated across e-commerce ecosystems and major commerce platforms. These capabilities help brands develop a more precise understanding of audience profiles and potential consumer demand. The solution has already been deployed across campaigns for major consumer brands, large-scale e-commerce platforms, and leading digital marketing initiatives in Taiwan. Over the past year, the solution has supported advertising and marketing campaigns across more than 35 industry categories, which based on commonly used industry classifications in the advertising industry and over 370 brands in Taiwan.

As part of this latest Ad2 AI Agent product upgrade, Ad2iction also introduced "Immersion," a new AI-enhanced interactive advertising format. The format combines scroll-triggered storytelling, layered parallax effects, and AI-assisted creative generation technologies to create more immersive brand experiences. It is designed to help brands strengthen audience engagement and improve message retention, while expanding the creative application of AI-generated visual assets across digital advertising environments.

The upgraded Ad2 AI Audience and Immersion have already been deployed across more than 200 advertising campaigns in Taiwan following their market introduction in early May 2026.

"AI is reshaping how brands interact with consumers and redefining the data and intelligence that underpin marketing decisions. The upgrade of our AI audience intelligence capabilities is another step in the Company's broader effort to advance AI integration and AI-driven marketing applications. By leveraging the Company's multi-dimensional data strengths, we aim to provide differentiated marketing decision-support solutions and help brands, advertisers, and agency partners build more adaptive marketing capabilities in the AI era," said Joey Chung, Co-Founder & President of TNL Mediagene.

"Consumer journeys are no longer linear, and audience signals are becoming increasingly fragmented across AI platforms, e-commerce channels, and content ecosystems. Ad2 AI Audience is designed to learn from real-world behaviors and diverse data signals, helping brands move beyond static audience targeting toward more adaptive, predictive decision-making," said Edward Hsu, Taiwan General Manager of TNL Mediagene.

Since FY2025, the Company has continued integrating AI technologies across its operations while expanding its AI-assisted product development capabilities. The launch of the upgraded Ad2 AI Audience further reflects the Company's previously disclosed direction regarding AI integration and AI-assisted product development initiatives. Looking ahead, the Company intends to continue expanding its AI-driven advertising, audience intelligence, and marketing technology capabilities as part of its broader efforts to develop technology-enabled solutions beyond traditional media operations.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology company providing AI-powered advertising, marketing technology, content commerce, and data analytics solutions to brands and agencies across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

https://www.tnlmediagene.com/

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's management. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298189

Source: TNL Mediagene

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On May 20, 2026, Travel+Leisure Co TNL shares rose 3.5% today, bringing the current price to $64.88. The stock is trading within a 52-week range of $46.75 to $81.00, reflecting significant volatility over the past year.

GF Value™ verdict: Current price is 14.9% above GF Value™ of $56.48.GF Score™ of 84/100 indicates a strong position in the market.Notable signal: Momentum rank is at 10/10, suggesting strong recent price performance. Is TNL Overvalued or Undervalued? Travel+Leisure Co TNL is currently trading at $64.88, which is above its GF Value™ of $56.48, indicating that the stock is 14.9% overvalued. This overvaluation suggests that the current price does not offer a sufficient margin of safety for potential investors. The GF Valuation label indicates that TNL is "Modestly Overvalued," which raises concerns about the potential for price corrections in the future. A stock priced above its intrinsic value may face downward pressure, particularly in a fluctuating market.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Therefore, potential investors should exercise caution when considering an investment in TNL at this price point, as the risk of a decline in stock value might be significant if the company's performance does not meet expectations.

How Does TNL's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 18.2x 9.3x Forward P/E 8.7x N/A TNL's current P/E (TTM) of 18.2x is significantly above its 5-year median P/E of 9.3x, representing a 97% increase. The forward P/E of 8.7x suggests lower future earnings expectations. This P/E analysis supports the GF Value™ verdict of the stock being overvalued, as it is trading at a premium compared to its historical valuation metrics.

What Does TNL's GF Score™ Tell Us? Metric Rating GF Score™ 84/100 Financial Strength 3/10 Profitability 8/10 Growth 8/10 Valuation 6/10 Momentum 10/10 The GF Score™ of 84/100 places TNL in a strong position overall, particularly in terms of profitability and growth, both scoring 8/10. However, the financial strength score of 3/10 indicates significant weaknesses in this area, which could be a potential red flag for investors. The momentum score of 10/10 suggests that TNL has been performing well recently, but the underlying financial strength concerns may warrant caution.

What Are Insiders Doing with TNL Stock? Insider activity at Travel+Leisure Co has shown a notable trend in the past three months, with insiders buying $0.1 million worth of shares while selling $11.5 million. This pattern indicates a lack of confidence among insiders, as significant selling far outweighs the buying activity. Such a trend could imply that those with the most insight into the company may feel uncertain about the stock's future performance, which could be a concern for potential investors.

What This Means for Investors Based on the GF Value™ assessment, Travel+Leisure Co TNL is currently considered overvalued. With a market price of $64.88 versus a GF Value™ of $56.48, there are potential risks associated with investing in TNL at this time. Caution is advised as the stock may face downward pressure in the future.

For the complete analysis, visit the Travel Leisure Co TNL stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is TNL's GF Score™?

TNL has a GF Score™ of 84/100, indicating a strong overall position in the market based on various fundamental metrics.

Is TNL overvalued or undervalued?

According to the GF Value™ verdict, TNL is overvalued, trading at 14.9% above its estimated intrinsic value.

What is TNL's P/E ratio?

TNL's P/E (TTM) is 18.2x, which is significantly above its 5-year median P/E of 9.3x, suggesting that the stock is trading at a premium compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].