Travel + Leisure is trading at $78.62 (+7.30%) in pre-market, driven by positive investor reaction to the company's recent acquisition of Yes& Vacations and Spinnaker Resorts. - On July 15, 2026, the company announced it acquired Yes& Vacations and Spinnaker Resorts for a combined upfront purchase price of $343 million, adding 23 resorts to its portfolio. - The acquisition is expected to be immediately accretive to Adjusted EBITDA, Adjusted Diluted EPS, and Adjusted Free Cash Flow. - This strategic expansion follows a strong Q1 2026 earnings beat reported on April 22, 2026, contributing to sustained investor confidence.