THIS ADVERTISING MATERIAL IS BEING USED FOR THE PURPOSE OF SOLICITING THE SALE OF TIME-SHARE PROPERTY OR INTERESTS IN TIME-SHARE PROPERTY. 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. WorldMark is proud to be a part of the global movement for change around ingrained injustices. Deutsche Bank Securities Inc. is serving as financial advisor and Kirkland & Ellis LLP is serving as legal advisor to Wyndham Destinations on this transaction. Your WorldMark resort suites have you covered with all the comforts of home and then some. Travel + Leisure Magazine Acquired by Wyndham Destinations for - Skift Market Data copyright 2023 QuoteMedia. Sales Management. Nov 28, 2022 . We are excited about our future, and are proud to be a part of a thriving travel business that is committed to ongoing innovation, growth, and strategies that benefit our customers and stakeholders. ", Do Not Sell/Share Content - California Employees. Wyndham Destinations Acquires Travel and Leisure Brand The hotel is within easy walking distance from the many events being showcased in this world celebration of diversity. Do Not Sell Or Share My Personal Information - Consumers, Do Not Sell Or Share My Personal Information - Former Employees (California). The added benefit is they already had two membership travel clubs in existence with tens of thousands of members.. Get started by choosing your location below. 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. The Key To Wyn Camaro is on a roll, making its way to resorts across the country. YOUR WEBSITE WILL BE TAKING A QUICK VACAY. I love working with and building relationships with owners. Senior Vice President, FP&A and Investor Relations In 2018, we established Wyndham Destinations, Inc. and spun off our hotel business into a separate publicly traded company, Wyndham Hotels & Resorts. This news does not impact any current contracts, and we do not anticipate any changes to our services. WorldMark San Francisco is now reopen and ready for your next family vacation. You can change your settings by clicking on the Settings link on the top right of the device. We look forward to helping you fulfill your vacation dreams. Your website will undergo maintenance from December 14 at 7 p.m. - 11 p.m. PST . We Put the World on Vacation At Travel + Leisure Co., our mission is simple: to put the world on vacation. 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. Member Center. 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. For 50 years, Travel + Leisure has offered travel inspiration to tens of millions across the world through immersive, transportive experiences across many channels. We put the world on vacation. 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. 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. Listed on 2023-03-04. Shell Vacations Club Paniolo Greens Resort, Houseperson, FT - Shell Vacations Club: Paniolo Greens Resort, PT Housekeeper: Shell Vacations Club Paniolo Greens Resort, Houseperson, FT: Club Wyndham: Kona Hawaiian Village, PT Housekeeper: Club Wyndham Kona Hawaiian Resort, Housekeeper: Club Wyndham Kona Hawaiian Resort, In-House Marketing Phone Room Agent Phoenix, PT Housekeeper - Shell Vacation Club Kona Coast Resort, Common Area Attendant, FT: Shell Vacations Club. The crisis wreaked similar havoc on the media industry. Travel + Leisure Co. (TNL) 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. Investor Relations Contacts: Christopher Agnew They have made it very clear that we are free as journalists to cover the world as we see fit, and its under my guidance and discretion, Gifford said. The reader is cautioned not to rely on these forward-looking statements. 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. One of the world's most iconic travel brands has been bought by a timeshare company. This website stores cookies on your computer. Your Travel + Leisure Co. - DESTINATIONS BENEFITS Results may be materially affected by factors including (without limitation) unanticipated costs and/or delays, unfavorable reaction by customers, partners, employees, or suppliers, future revenues being lower than expected, failure or inability to implement growth or expansion strategies in a timely manner or at all, local and global political and economic conditions, and other risks described in the companys filings with the Securities and Exchange Commission, including the companys most recently filed Annual Report on Form 10-K. If you are planning any travel in the near future I highly recommend signing up for a membership. Wyndham Destinations has become the umbrella brand for our vacation ownership clubs business line. Media@wyn.com. Talks between the two companies began early last year before the pandemic, Gifford added. This press release features multimedia. In the first quarter of 2021, Travel + Leisure Co. becomes the worlds leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. 23 Most Beautiful Small Towns Around the World, You May Not Get Your Passport Stamped When Traveling to Europe Next Year Here's Why, Significant Snow Fell in the Arizona Desert See Photos of the Unlikely Winter Wonderland, Disney World's Typhoon Lagoon Water Park to Reopen the Same Day That Blizzard Beach Will Temporarily Close. Your Travel + Leisure Co. - mytlbenefits.com (Photo: Business Wire). In the first quarter of 2021, Travel + Leisure Co. becomes the world's leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. Travel is back and planning the perfect vacation has never been easier with WorldMark by Wyndham Travel. Offers may be subject to change without notice. Being by a river, lake, or ocean broadens your horizons, no matter where you are in the world. Its what is of utmost importance to me as we look to the future.. Get started by choosing your location below. All Rights Reserved. As the worlds largest vacation ownership company, Wyndham Destinations offers more than 245 vacation club resorts across the globe, giving travelers the ability to see the world year after year. Therefore, RCI disclaims all responsibility in connection with any third-party services. Also, earn points for every dollar you spend and get even more stuff for free. Im very pleased that Meredith will continue producing the number one travel content brand and major monthly consumer magazine under the leadership of Editor-in-Chief Jacqui Gifford, Brown said. 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. 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. Sign In | Travel + Leisure They trust Travel + Leisure, and we already have the mechanism in place.. The name change is a further signal the company wants to tap into new market segments that may not have been possible under its current brand. Following a successful pilot in Hawaii last year, the WorldMark Board of Directors recently approved a no-smoking guideline for WorldMark, The Club. You will continue to enjoy your beautiful timeshare properties and exceptional benefits. Travel + Leisure GO Members receive exclusive deals & discounts on hotels, attractions, and more. Although this is not a singular opportunity, I think it is an opportunity to start appealing to that younger, aspirational traveler, Brown said. Learn about the upcoming changes. 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. Plus, receive a $30 travel credit to use on your future travels. The Club Wyndham Sydney resort celebrates WorldPride. Wyndham Destinations (NYSE: WYND), the world's largest vacation club and exchange company, is on a mission to put the world on vacation. Choose from top car rental brands online. 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. 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. RCI, LLC and Resort Rental, LLC, disclaim all responsibility in connection with any third-party services. Our convenient resources and online educational tools are tailored to travel agents to give you everything you need to get to know our brands, learn about Wyndham Rewards, and better serve both your corporate and leisure customers. If you click on "I Do Not Accept", then we will not use cookies but you may have a deteriorated user experience. I think we have the unique ability to generate the maximum amount of value with this transaction.. In House Marketing. The savings were amazing but what really impressed me was the breadth of unique offerings their team has curated in so many different locations. Resorts +. Manager, Sales Frontline. 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. With this $100 million acquisition, Meredith Company will get $35 million at closing, with trailing payments to be completed by June 2024. All forward-looking statements are based on information currently available to the company and are qualified in their entirety by this cautionary statement. Onboard spending may not be combinable with other credits, discounts, or promotional offers. Get 30% off an annual membership today only $69.95! Meredith Corporation Guest Services Associate II - Wyndham Newport Long Wharf Planning a vacation can substantially increase your happiness. Perks at Work members, and growing. Click below to see Official Rules and to enter. Meredith reaches consumers where they are across multiple platforms, including digital, video, print, and broadcast television.
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