Market Data copyright 2023 QuoteMedia. This is a great demonstration of the value that strong brands deliver when expanded beyond the media space, and we look forward to developing more of these creative, value-enhancing programs across our portfolio., Travel + Leisure Editor-in-Chief Jacqui Gifford said, Im delighted that Wyndham Destinations has such a deep understanding of and excitement for Travel + Leisure, and in partnership with Meredith profoundly shares our mission to inspire and empower the worlds most curious and passionate travelers. Travel + Leisure Co. is the world's leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. What career area(s) are you interested in? (407) 626-4050 Discover how much you could save on your next trip. Wyndham Destinations has become the umbrella brand for our vacation ownership clubs business line. In House Marketing. In-House Marketing Phone Room Agent Phoenix. Ive spent time getting to know Michael Brown. You will continue to enjoy your beautiful timeshare properties and exceptional benefits. The $100 million acquisition will be funded with cash on hand of $35 million paid at closing, with trailing payments completed by June 2024. "I can honestly say its worth the hype. View source version on businesswire.com: https://www.businesswire.com/news/home/20210106005278/en/, Vanessa Picariello ", "Travel + Leisure GO members get discounted rates on hotels, activities, and rentals among other perks like a personalized concierge - every traveler's dream! Wyndham Destinations. Sign up today and receive company updates straight to your inbox. Help +. This website stores cookies on your computer. I think we have the unique ability to generate the maximum amount of value with this transaction.. QuoteMedia. Year after year, our worldwide team of associates delivers exceptional vacation experiences to millions of families as they make lifes favorite memories. Jill.Davison@meredith.com At Wyndham Destinations, our world is your destination. Keep up with this custom ride and all the pit stops along the way. See how TravelShare and TravelShare Elite are evolving. Club Benefits +. The WorldMark by Wyndham TravelShare and TravelShare Elite program introduced higher credit level requirements for all tiers of membership. By continuing to use this website, you consent to these cookies, to our. Its management subsidiaries oversee a collection of almost 70 hotel and resort properties in the region, some of which are mixed-use developments where Wyndham Destinations holds an owning interest. Plus, receive a $30 travel credit to use on your future travels. WorldPride is a seventeen-day festival of more than 300 events including a Human Rights Conference, opening and closing parties, a First Nations Gala Concert and the Pride March across the Sydney Harbour Bridge. Sign up now to get our FREE breaking news coverage delivered right to your inbox. The acquisition is expected to be neutral to earnings for the new Travel + Leisure Co. in year one and accretive in year two. Club Wyndham Bali Hai Villas Resort. Login To activate your Okta account for the first time or to reset your password, click here. The launch will be marked with a Wear Your Colours with Pride Day across 18 countries and over 23 resorts and offices across the region. Its dedicated readers rely on the brand as a window into the worlds best destinations, cultures, and experiences, and we look forward to supporting Meredith as it continues that mission., This strategic alliance brings a new, innovative approach to media brand development, and were excited to leverage Wyndham Destinations and Merediths strengths to enhance and realize Travel + Leisures full potential, said Meredith Chairman and Chief Executive Tom Harty. Your Travel + Leisure Co. Benefits Journey Starts Here! The savings were amazing but what really impressed me was the breadth of unique offerings their team has curated in so many different locations. ET. We put the world on vacation. By creating a more inclusive workplace through education, communication, and mentorship, we want to provide our valued LGBTQIA+ associates with more resources needed for growth and development, she added. The Internet Explorer web browser is no longer supported by Club Wyndham. Access exclusive travel research, data insights, and surveys. Media@wyn.com. I love working with and building relationships with owners. Offers may be subject to change without notice. This transition to Travel + Leisure Co. as the parent company over Wyndham Destinations will not directly affect Club Wyndham or its products or club offerings. As the worlds leading membership and leisure travel company, Travel + Leisure Co. (NYSE:TNL) transformed the way families vacation with the introduction of the most dynamic points-based vacation ownership program at Club Wyndham, and the first vacation exchange network, RCI. The hotel is within easy walking distance from the many events being showcased in this world celebration of diversity. Wyndham Destinations is a timeshare company that's run separately from Wyndham Hotels & Resorts. We will continue to produce and deliver independent, award-winning journalism and rich, immersive storytelling, transporting our passionate audience across numerous platforms to compelling destinations around the world. Book your next adventure on or near the water with inspiration from the latest issue of Travel + Leisure Magazine. The acquisition also helps fuel Wyndham Destinations ongoing evolution into a broader travel environment beyond its mix of timeshares and vacation rentals. Wyndham Destinations $100 million acquisition of the Travel + Leisure media brand may have been a head-scratcher for some in both the travel and media industries. 2 global licensor with robust brand licensing activities that include a Better Homes & Gardens partnership with Walmart. This website stores cookies on your computer. Enter the Together Again 2021 Photo Contest. Your website will undergo maintenance from December 14 at 10 p.m. - December 15 at 2 a.m. EST . Your website will undergo maintenance December 3-4, 11 p.m.-4 a.m. The agreement ensures that the brands long-standing commitment to high-quality, independent travel journalism will continue under the leadership of Travel +Leisure Editor-in-Chief Jacqui Gifford and SVP/Group Publisher, Travel + Leisure Giulio Capua. As a leading global hospitality provider, the company fosters the development of its associates through engagement in the communities where they live and work, leadership training, mentoring opportunities, and educational support. I get the question because most people that look for valuation look for How would I value a magazine? This is about much more, Brown said. You may continue to leverage the award-winning Wyndham Rewards program, just as you always have. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other paid media. Learn about the upcoming changes. Investor Relations Contacts: Christopher Agnew As always, thank you for your continued loyalty and support. Planning a vacation can substantially increase your happiness. We use cookies to personalise content such as job recommendations, and to analyse our traffic. View the full release here: https://www.businesswire.com/news/home/20230228005436/en/, The Club Wyndham Sydney resort celebrates WorldPride. With a global presence in 110 countries, the companys membership travel business Panorama includes todays leading vacation exchange, leisure travel, and technology brands, including RCI, the global leader in vacation exchange that provides access to 4,200+ affiliated resorts, and Extra Holidays, offering condo vacations at hotel prices. Our objective here is to create not nightly stays or whole [timeshare] ownership but [build on] that huge gap between where people want to travel with a name they trust, said Wyndham Destinations CEO Michael Brown Wednesday in an interview with Skift hours after the deal was announced. This press release features multimedia. Wyndham Destinations (NYSE:WYND) and Meredith Corporation (NYSE:MDP) today announced that Wyndham Destinations has acquired the Travel + Leisure brand and all related assets from Meredith Corporation, combining the travel companys portfolio of resort, membership, and lifestyle travel brands with the worlds most trusted travel lifestyle content curator and its travel clubs. As I sit here right now, we have complete editorial independence. Sincerely, https://www.businesswire.com/news/home/20210106005278/en/, Do Not Sell Or Share My Personal Information - Consumers, Do Not Sell Or Share My Personal Information - Former Employees (California). Nominees must be at least 21 years old. This iconic brand, along with its authoritative content and wide audience, will help accelerate and amplify the growth of new capital-light travel businesses and services, as we take the next step in expanding our reach within the global leisure travel industry.. Club Wyndham owners will soon receive a complimentary Travel + Leisure Club membership that includes all of your TravelUP benefits plus new subscription benefits. The new Travel + Leisure Co. stock will begin trading under the ticker symbol NYSE:TNL in mid-February 2021. THIS ADVERTISING MATERIAL IS BEING USED FOR THE PURPOSE OF SOLICITING THE SALE OF TIME-SHARE PROPERTY OR INTERESTS IN TIME-SHARE PROPERTY. Travel + Leisure Co. is the worlds leading vacation ownership and travel membership company, with a dynamic and growing portfolio of resort, travel club, and lifestyle travel brands. Owner Guide +. Meredith Corporation You consent to our cookies if you click "I Accept". Travel + Leisure Co., along with its Wyndham Destinations Asia Pacific business and managed Club Wyndham resorts across the region, is celebrating Sydney Gay and Lesbian Mardi Gras, which this year, for the first time, is being held in conjunction with the worlds largest Pride celebration, WorldPride. Turn the pages of the magazine into a reality. Travel services may be provided by a third party under contract with Resort Rental, LLC/RCI, LLC. The culture is people first. Login to Club Wyndham. Club Wyndham travel experts are working quickly to fix website errors. All Rights Reserved. But the vacation rental and timeshare companys chief executive says the move is all about broadening the scope of its evolving business. The WorldMark Board of Directors recently approved the 2022 WorldMark, The Club budget, which includes fee adjustments taking effect Jan. 1, 2022. Enjoy member pricing on 345,000+ activities and things to do in your destination. At Travel + Leisure Co., our global team of associates brings hospitality to millions, turning vacation inspiration into exceptional travel experiences. 22 new places to call home (away from home). By continuing I agree to the Applicant Privacy Notice. The Club Wyndham Sydney resort celebrates WorldPride. Choose from top car rental brands online. The line of thinking shows this $100 million acquisition was about significantly more than a magazine. It will not disappoint. Get member-only access to savings on hotels, cruises, and more. Together, these business lines make it easier to put the world on vacation. As we shared in January when we announced the acquisition of the iconic Travel + Leisure brand, Travel + Leisure Co. will be supported by three branded business lines. THIS ADVERTISING MATERIAL IS BEING USED FOR THE PURPOSE OF SOLICITING THE SALE OF TIME-SHARE PROPERTY OR INTERESTS IN TIME-SHARE PROPERTY. By continuing to use this website, you consent to these cookies, to our. In early 2021, Wyndham Destinations will change its name to Travel + Leisure Co. and will expand its portfolio through various branded products and offerings. Although this is not a singular opportunity, I think it is an opportunity to start appealing to that younger, aspirational traveler, Brown said. Bring your travel experiences to life with flights, car rentals, cruises, and affiliated properties around the world. Travel + Leisure GO Members receive exclusive deals & discounts on hotels, attractions, and more. Please upgrade your browser. Cameron Sperance. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other paid media. The Internet Explorer web browser is no longer supported by Club Wyndham. The Board of Directors recently approved new guideline updates that will take effect in the future. Valdosta propane operation gets new owner, Berrien man sentenced for producing child porn, Wild Concerts: Park releases show schedule, Celebrating Ms. Jeanette: Tree planting honors Coody. On Feb. 17, 2021, our parent company was renamed Travel + Leisure Co. and made its debut as the world's leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. The acquisition comes at a catastrophic time for the greater travel industry, when hotel revenue and occupancy rates cratered due to the pandemic. On Feb. 17, 2021, our parent company was renamed Travel + Leisure Co. and made its debut as the worlds leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. Wyndham Destinations (NYSE: WYND), the world's largest vacation club and exchange company, is on a mission to put the world on vacation. Chief Operating Officer,Wyndham Destinations. Live out the pages of the magazine with handpicked destinations, hotels, and experiences. Onboard Spending is received in an amount that is calculated off the total cruise fare (less port charges & taxes) and are outlined within the chart on this page. Log into Club Wyndham Owner Website to book timeshare using your Club Wyndham Points. Affiliated RCI Resorts in ~104 Countries and Territories. Cruise discounts and benefits are provided by a third party provider, World Travel Holdings, Inc. (WTH), under agreement with RCI, LLC (RCI). Wyndham Destinations' $100 million acquisition of the Travel + Leisure media brand may have been a head-scratcher for some in both the travel and media industries. Your WorldMark resort suites have you covered with all the comforts of home and then some. It's time to start pinning every memory. But while Wyndham Destinations will own the combined brands, leaders of both sides of the deal stress the legacy Travel + Leisure media brand will remain editorially independent and under the Meredith Corp.s purview thanks to a 30-year licensing agreement. Offer is per stateroom and will not exceed 5-10% of total cruise fare. . In the coming months and years, Im excited about new revenue streams and the potential for new business opportunities. Kona Coast Resort, FT Activities Associate: Shell Vacations Club. Learn more at travelandleisureco.com. Over the past 18 months, we have laid the foundation to expand our footprint beyond our core vacation ownership business, and today we add one of the most trusted and influential brands in travel through the acquisition of Travel + Leisure, said Michael D. Brown, president and chief executive officer of Wyndham Destinations. Each associate brings a unique perspective and talent to help us deliver on our mission. Listed on 2023-03-04. Travel and Leisure Co. Discover how much you could save on your next trip. 2020 multiple reservations guideline change. Ive never had a job that asked me to be myself so completely, and is invested in my growth as a person and as a sales rep. By clicking I agree, I agree to be contacted about careers at Travel + Leisure Co. and its business lines through mobile text, emails, and phone calls. The acquisition includes Travel + Leisures travel clubs and their nearly 60,000 members. View the full release here: https://www.businesswire.com/news/home/20210106005278/en/, We acquired Travel + Leisure, including access to its global audience of 35 million loyal followers across multiple platforms and nearly 60,000 club members, because it matches our passion and purpose to put the world on vacation. For any other technical issues, please contact the IT Service Desk at servicedesk@wyn.com or 866-304-8080. The Travel + Leisure acquisition will result in Wyndham Destinations becoming the Travel + Leisure Co. This transition to Travel + Leisure Co. as the parent company over Wyndham Destinations will not directly affect WorldMark by Wyndham or its products or club offerings. Listing for: Travel + Leisure Co. Full Time position. Plus, get five all-natural hair care tips for healthy hair on vacation. You may continue to leverage the award-winning Wyndham Rewards program, just as you always have. The companys Wyndham Vacation Clubs offer 230 resorts that provide a contemporary take on the timeshare model through brands Club Wyndham, Worldmark by Wyndham, and Margaritaville Vacation Club by Wyndham. 15 Affordable Weekend Getaways Around the U.S. 10 Common Travel Mistakes to Avoid in Paris, According to a Local, This Small Georgia Town Is Less Than 3 Square Miles but It's Home to the World's Largest Human-made White-sand Beach, People Are Replacing Their AirPods With These $20 Noise-canceling Earbuds With Amazing Sound and Battery Life, 9 of the Best Adventure Destinations in the U.S. for an Action-packed Getaway, How to Responsibly See the Wildflowers Bloom This Spring, According to Experts, This Sleek Leather Purse Is 4 Bags in 1 and Shoppers Call It the 'Best Little Airport Crossbody', These 10 Hidden Gems Are California's Best-kept Secrets, Nordstrom Rack Is Kicking Off the Weekend With Markdowns Up to 90% Off Shop the 13 Best Deals, Shoppers Can't Believe 10 Days of Clothes Fit in This Carry-on or That It's 55% Off, REI Is Having a Massive Sale on Celeb-loved Shoe Brands Like Hoka and New Balance, The 13 Best Products to Clean a Suitcase in 2023, This Ski Boot Bag Is a Total Game-changer and Its The Lowest Price Weve Seen, Ive Been to All 7 Continents, and These 15 Genius Amazon Finds Changed the Way I Travel, This Idaho Resort Has Some of the Best Spring Skiing in the U.S. Plus a Spa, Bowling Alley, and an Outdoor Heated Pool, This Durable Phone Case is Perfect for Travel With Hands-free Viewing and Its on Sale at Amazon, The 82 Best Deals to Shop From Nordstrom's Winter Sale Before They Sell Out for Up to 75% Off, The Best Place to Experience Winter in New England Is at This Vermont Sugarhouse, 12 of the Most Remote Places on Earth That You Can Visit, Panama City's Newest Hotel Feels Like a Private Island Resort Even in the Heart of the UNESCO-protected Old Town, This Luxury Beach Hotel in Mexico Just Opened a Secret Bar on a Private Island, and It's Only Accessible by Boat, This Luxury All-inclusive Hot Springs Resort in Colorado Is One of the Best Winter Getaways I've Ever Taken. As new stewards of the Travel + Leisure brand, we are committed to ensuring that the integrity and independence of its trusted, authoritative journalism remains uncompromised. Application Meredith reaches consumers where they are across multiple platforms, including digital, video, print, and broadcast television. In 2018, we established Wyndham Destinations, Inc. and spun off our hotel business into a separate publicly traded company, Wyndham Hotels & Resorts. Additional restrictions may apply; ask your agent for details. Australia's largest timeshare company, WorldMark South Pacific Club, is being rebranded as Club Wyndham South Pacific. With this $100 million acquisition, Meredith Company will get $35 million at closing, with trailing payments to be completed by June 2024. Merediths National Media Group reaches nearly 95 percent of all U.S. women and more than 190 million unduplicated American consumers every month through such iconic brands as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, and REAL SIMPLE. Get started by choosing your location below. Wyndham Destinations, which operates hundreds of timeshare resorts, acquired Travel + Leisure magazine from media company Meredith Corp. for $100 million, The Wall Street Journal reported last night. Your website will undergo maintenance from December 14 at 7 p.m. - 11 p.m. PST . Please upgrade your browser. Being by a river, lake, or ocean broadens your horizons, no matter where you are in the world. 15 minutes unless otherwise indicated (view This website stores cookies on your computer. Wyndham Destinations, which spun out from Wyndham Hotels & Resorts in 2018, pursued projects in urban markets like Atlanta and Nashville as well as ways to appeal to younger clients. The terms and conditions of Club Wyndham and any applicable third party providers will apply to your booking. The Key To Wyn Camaro is on a roll, making its way to resorts across the country. Travel + Leisure Co. is the worlds leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. WorldMark is proud to be a part of the global movement for change around ingrained injustices. We thought it was a natural fit for our first look in the broader leisure market outside timeshare, Brown said. ET, and on Dec. 5, from 1-3 a.m. By continuing I agree to the Applicant Privacy Notice. The transaction is not expected to change employment at either company. This acquisition will accelerate Wyndham Destinations strategic plan to build on its leading position as the worlds largest vacation club and exchange company and expand into new leisure travel and licensing markets. With Vacation Ready cleaning and safety standards, your resorts are finding even more ways to keep you safe. Travel + Leisure is a one-stop resource for sophisticated travelers who crave travel tips, news and information about the most exciting destinations in the world. They trust Travel + Leisure, and we already have the mechanism in place.. WorldMark Elysian Beach Resort in St. Thomas, U.S. Virgin Islands, will officially welcome owners back this year, beginning as early as Dec. 12, 2020. Get the latest club updates from your Board of Directors, including one-night bookings, the Annual Owner Meeting, and your refreshed WorldMark website. Some of the biggest names in music such as Kylie Minogue and Nicole Scherzinger are visiting Sydney for the occasion. We Put the World on Vacation At Travel + Leisure Co., our mission is simple: to put the world on vacation. But Wyndham Destinations managed to recover enough to post a third quarter profit, and its Travel + Leisure acquisition stands to bring new business to the magazine. Phoenix, Arizona, United States. Thank you for your patience as this issue is resolved. Im thrilled that he appreciates the legacy and integrity of this brand, and I look forward to working with him. Travelers Can Score a Free Private Chef Experience During Their 2023 Vacations at Club Wyndham . Therefore, RCI disclaims all responsibility in connection with any third-party services. As always, thank you for your continued loyalty and support. Chief Operating Officer, Wyndham Destinations, YOUR WEBSITE WILL BE TAKING A QUICK VACAY. Did you know? Hotel. PT Housekeeper - Shell Vacation Club Kona Coast Resort. Onboard spending is non-refundable, non-transferable, cannot be used in the casino, and may not be redeemed for cash; unused portions will become void after cruise is complete. Meredith will continue to operate and monetize Travel + Leisures media across multiple channels, including its advertising and marketing activities, under a 30-year royalty-free, renewable licensing relationship. Sorry, there are no recent results for popular commented articles. Restaurant, Hotel Housekeeping, Guest Services. Preview the savings, free of charge with our preview membership, Join the club when you are ready to make your first booking, Unlock all the extra benefits you get with our full memberships. Discover online booking with WorldMark by Wyndham Travel Online. PD=Previous Day. With more than 8,900 hotels worldwide, our portfolio offers a breadth of brands and destinations . Effective January 1, 2017, occupancy tax will be assessed on housekeeping charges at several WorldMark resorts. Travel + Leisure Co. 2023. This press release contains forward-looking statements within the meaning of applicable securities laws. Merediths portfolio is concentrated in large, fast-growing markets, with seven stations in the nations Top 25 markets, including Atlanta, Phoenix, St. Louis, and Portland, and 13 stations in the Top 50. You consent to our cookies if you click "I Accept".
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