v3.26.1
Segment Information (Summary Of Segment Information) (Details)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
segment
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Segment Reporting [Line Items]      
Number of Reportable Segments | segment 2    
Segment Reporting, Factor Identifying Reportable Segment, Description In identifying its reportable segments the Company analyzed the components of each segment, the nature of the segments’ products and services, and prescribed quantitative thresholds. Based on this analysis the Company aggregates two geographical operating segments within the Vacation Ownership reportable segment and two operating segments within the Travel and Membership reportable segment.    
Segment Reporting, Product and Service, Revenue, Description The Vacation Ownership segment develops, markets, and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts. This segment is wholly comprised of the Vacation Ownership business line. The Travel and Membership segment operates a variety of travel businesses, including vacation exchange brands, travel technology platforms, travel memberships, and direct-to-consumer rentals. This segment is comprised of the Exchange and Travel Club business lines.    
Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration] Chief Executive Officer [Member]    
Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description Adjusted EBITDA is the profitability measure utilized by the CODM to assess the performance of the reportable segments through comparisons to budgets, forecasts, prior periods, and trends. This analysis is used to make certain decisions regarding the allocation of capital and personnel to the segments.    
Reconciliation of Net income to Adjusted EBITDA      
Net revenues $ 961 $ 934  
Marketing 142 124  
General and administrative 121 122  
Consumer financing interest 33 34  
Cost of sales 35 23  
Adjusted EBITDA 225 202  
Inventory write-downs and asset impairments, net [1] 19    
Stock-based compensation 13 14  
Other Expenses [2] (5)    
Restructuring 2 0  
Legacy items (4) 1  
Depreciation and amortization 32 30  
Interest (income) (2) (1)  
Interest expense 56 57  
Income before income taxes 108 101  
Provision for income taxes 29 28  
Net income attributable to Travel + Leisure Co. shareholders 79 73  
Provision for Loan, Lease, and Other Losses [3] (100) (91)  
Inventory write-downs and impairments 19 0  
Segment Reporting, Long-Lived Asset, Expenditure for Addition 19 21  
Assets, Net of Investment in Unconsolidated Subsidiaries [4] 6,840   $ 6,760
Other Restructuring      
Reconciliation of Net income to Adjusted EBITDA      
Restructuring 0    
Income Statement Location [Axis]: us-gaap:CostOfGoodsAndServicesSold      
Reconciliation of Net income to Adjusted EBITDA      
Inventory write-downs and impairments 1    
Operating Segments      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues 963 935  
Adjusted EBITDA 250 227  
Segment Reporting, Long-Lived Asset, Expenditure for Addition 14 16  
Assets, Net of Investment in Unconsolidated Subsidiaries [4] 6,424   6,356
Operating Segments | External      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues 961 933  
Operating Segments | Intersegment      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues 2 2  
Corporate and other      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues [5]   1  
Adjusted EBITDA (25) (25)  
Segment Reporting, Long-Lived Asset, Expenditure for Addition 5 5  
Assets, Net of Investment in Unconsolidated Subsidiaries [4] 416   404
Intersegment Eliminations      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues (2) (2)  
Vacation Ownership | Other Restructuring | Resort Optimization Initiative      
Reconciliation of Net income to Adjusted EBITDA      
Inventory write-downs and impairments 19   216
Vacation Ownership | Income Statement Location [Axis]: us-gaap:OperatingExpenses | Special Termination Benefits | Resort Optimization Initiative      
Reconciliation of Net income to Adjusted EBITDA      
Other Expenses (5)    
Vacation Ownership | Operating Segments      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues 798 755  
Property management expense 173 173  
Marketing 108 [6] 93 [7]  
Commissions 100 89  
General and administrative 62 [8] 58 [9]  
Sales administration 58 52  
Consumer financing interest 33 34  
Licensing fees 24 21  
Developer obligations 18 [10] 37 [11]  
Cost of sales 16 [12] 23 [13]  
Fee-for-Service expenses 7 10  
Contact center 0 [14] 0 [15]  
Resort services 0 [14] 0 [15]  
Other segment items 8 [16] 6 [17]  
Adjusted EBITDA 191 159  
Segment Reporting, Long-Lived Asset, Expenditure for Addition 11 12  
Assets, Net of Investment in Unconsolidated Subsidiaries [4] 5,107   5,022
Vacation Ownership | Operating Segments | External      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues 798 [18] 755 [19]  
Vacation Ownership | Operating Segments | Intersegment      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues 0 0  
Travel and Membership | Operating Segments      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues 165 180  
Property management expense 0 [14] 0 [15]  
Marketing 9 11  
Commissions 0 [14] 0 [15]  
General and administrative 23 [8] 22 [9]  
Sales administration 0 [14] 0 [15]  
Consumer financing interest 0 [14] 0 [15]  
Licensing fees 0 [14] 0 [15]  
Developer obligations 0 [10],[14] 0 [11]  
Cost of sales 47 51  
Fee-for-Service expenses 0 [14] 0 [15]  
Contact center 17 18  
Resort services 8 8  
Other segment items 2 [16] 2 [17]  
Adjusted EBITDA 59 68  
Segment Reporting, Long-Lived Asset, Expenditure for Addition 3 4  
Assets, Net of Investment in Unconsolidated Subsidiaries [4] 1,317   $ 1,334
Travel and Membership | Operating Segments | External      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues 163 178  
Travel and Membership | Operating Segments | Intersegment      
Reconciliation of Net income to Adjusted EBITDA      
Net revenues $ 2 $ 2  
[1] Includes $19 million of inventory write-downs and impairments related to the Company’s resort optimization initiative included in Cost of vacation ownership interests on the Condensed Consolidated Statements of Income.
[2] Includes $5 million of resort closure and employee related costs associated with the resort optimization initiative included within Operating expense on the Condensed Consolidated Statements of Income.
[3] Recorded as a reduction to Net revenue.
[4] Excludes investment in consolidated subsidiaries.
[5] Represents revenue recognized at the Company's Corporate and other segment for managing an insurance program on behalf of homeowners associations.
[6] Excludes licensing fees which are reported within Marketing on the Condensed Consolidated Statements of Income, as it is separately disclosed.
[7] Excludes licensing fees which are reported within Marketing on the Condensed Consolidated Statements of Income, as it is separately disclosed.
[8] Excludes stock-based compensation and legacy items which are not included in the determination of Adjusted EBITDA.
[9] Excludes stock-based compensation and legacy items which are not included in the determination of Adjusted EBITDA.
[10] Represents maintenance fees incurred by the Company for unsold VOIs, net of monetization.
[11] Represents maintenance fees incurred by the Company for unsold VOIs, net of monetization.
[12] Represents Cost of vacation ownership interests on the Condensed Consolidated Statements of Income. Excludes $19 million of inventory write-downs and impairments which are not included in the determination of Adjusted EBITDA.
[13] Represents Cost of vacation ownership interests on the Condensed Consolidated Statements of Income, excluding less than $1 million of inventory impairments which are not included in the determination of Adjusted EBITDA.
[14] Expense category not regularly provided to the CODM for this segment.
[15] Expense category not regularly provided to the CODM for this segment.
[16] Includes expenses for VOI travel packages, VOI incentives, and professional fees reported within Operating expenses, and other non-operating income/expense items included in the determination of Adjusted EBITDA such as dividend income and asset sales.
[17] Includes expenses for VOI travel packages, VOI incentives, and professional fees reported within Operating expenses, and other non-operating income/expense items included in the determination of Adjusted EBITDA such as dividend income, business insurance proceeds, and asset sales.
[18] Includes $100 million provision for loan losses, net.
[19] Includes $91 million provision for loan losses, net.