Words, and variations of words, such as will, expect, intend, believe, plan, and similar expressions are intended to identify these forward-looking statements, including statements about the expected results of the transaction and the future prospects for, and plans of, the company. Geoff Richards Investor Relations Contacts: Christopher Agnew Our Brands :: Travel - Travel + Leisure Co. (TNL) You Could Get Paid $5,000 to Take Your Vacation Days - Travel Meredith Corporation 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. Login to Worldmark the Club - Official WorldMark by Wyndham Website Wyndham Destinations (NYSE: WYND), the world's largest vacation club and exchange company, is on a mission to put the world on vacation. We think its a very smart tuck-in that has minimal cash outflow that opens doors in exactly the strategic direction we want to go. They trust Travel + Leisure, and we already have the mechanism in place.. Essential industry news for hospitality and lodging executives in North America and Asia-Pacific. 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 company delivers more than six million vacations each year at 245+ timeshare resorts worldwide, through tailored travel and membership products, and via Travel + Leisure GO - the signature subscription travel club inspired by the pages of Travel + Leisure magazine. 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. I think we have the unique ability to generate the maximum amount of value with this transaction.. Over time, we have been transforming and acquiring some of the most iconic vacation and travel-related businesses to become the world's leading membership and leisure travel company. WorldMark is proud to be a part of the global movement for change around ingrained injustices. 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. You can change your settings by clicking on the Settings link on the top right of the device. Wyndham Destinations, the vacation rental and timeshare company spun off parent Wyndham Hotels in 2018, is acquiring Travel + Leisure for $100 million in cash, the company announced. Some of the biggest names in music such as Kylie Minogue and Nicole Scherzinger are visiting Sydney for the occasion. Travel services may be provided by a third party under contract with Resort Rental, LLC/RCI, LLC. 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 . Wyndham Destinations. Our goal is to celebrate the vibrant community of LGBTQIA+ employees at Travel + Leisure Co., and to cultivate a welcoming and inclusive culture and a safe environment for LGBTQIA+ members, allies and advocates, said Liz Collinson, Executive Sponsor of Pride International and Senior Vice President Legal and Compliance at Wyndham Destinations Asia Pacific. All Rights Reserved. Travel + Leisure Co. 2023. Travel and Leisure Co. Perks at Work Celebrate all the vacation wins from this year and look forward to more future fun. In addition, Wyndham Destinations has agreed to a five-year marketing commitment across Merediths portfolio of brands. Travel + Leisure GO Members receive exclusive deals & discounts on hotels, attractions, and more. Stay vigilant of potentially fraudulent activity, especially if youre contacted by a company claiming to represent your club. If you click on "I Do Not Accept", then we will not use cookies but you may have a deteriorated user experience. You can change your settings by clicking on the Settings link on the top right of the device. With this $100 million acquisition, Meredith Company will get $35 million at closing, with trailing payments to be completed by June 2024. 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. Year after year, our worldwide team of associates delivers exceptional vacation experiences to millions of families as they make lifes favorite memories. Wyndham Hotel Travel Advisors Program | Wyndham Hotels & Resorts Its what is of utmost importance to me as we look to the future.. Travel + Leisure Magazine Acquired by Wyndham Destinations for - Skift With hospitality and responsible tourism at the heart of all we do, our 18,000+ dedicated associates bring out the best in people and places around the globe. The acquisition comes at a catastrophic time for the greater travel industry, when hotel revenue and occupancy rates cratered due to the pandemic. Media@wyn.com. Travel and Leisure Co. 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. Therefore, RCI disclaims all responsibility in connection with any third-party services. RCI, LLC and Resort Rental, LLC, disclaim all responsibility in connection with any third-party services. I agree to be contacted about career opportunities across Travel + Leisure Co. through mobile text, emails, and phone calls. Data delayed Club Wyndham Members Travel + Leisure magazine may receive compensation for some links to products and services on this website. Live out the pages of the magazine with handpicked destinations, hotels, and experiences. ET. Offer is per stateroom and will not exceed 5-10% of total cruise fare. Innovation and growth keep our work interesting and fun. The acquisition also helps fuel Wyndham Destinations ongoing evolution into a broader travel environment beyond its mix of timeshares and vacation rentals. The savings were amazing but what really impressed me was the breadth of unique offerings their team has curated in so many different locations. Your WorldMark resort suites have you covered with all the comforts of home and then some. Travel services may be provided by a third party under contract with Resort Rental, LLC/RCI, LLC. Travel + Leisure Co. will continue to maintain its current portfolio of brands and products, with Wyndham Destinations now serving as the umbrella brand for its vacation club resorts, which will continue to leverage the power of the Wyndham Rewards program, and with Panorama operating the exchange, membership travel, and technology businesses. Mike.Lovell@meredith.com. Get the latest club updates from your Board of Directors, including one-night bookings, the Annual Owner Meeting, and your refreshed WorldMark website. Skift Travel Health Index: January 2023 Highlights, Online Travel Booking Trends During the Pandemic, $100 million acquisition of the Travel + Leisure media brand, as well as ways to appeal to younger clients. Save up to 50% at 600,000+ hotels and resorts worldwide. 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. 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. Travel + Leisure Co. has a portfolio of three trusted business lines: Wyndham Destinations, Panorama, and Travel + Leisure Group. Copyright 2022 Travel + Leisure Co. All Rights Reserved. Please upgrade your browser. But the . We put the world on vacation. 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. Login to Club Wyndham RT=Real-Time, EOD=End of Day, ", "Travel + Leisure GO members get discounted rates on hotels, activities, and rentals among other perks like a personalized concierge - every traveler's dream! This website stores cookies on your computer. Bring your travel experiences to life with flights, car rentals, cruises, and affiliated properties around the world. Jill Davison The terms and conditions of Club Wyndham and any applicable third party providers will apply to your booking. 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. This press release contains forward-looking statements within the meaning of applicable securities laws. 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. 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. 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. The Board of Directors recently approved new guideline updates that will take effect in the future. Deals & Offers +. Do Not Sell Or Share My Personal Information - Consumers, Do Not Sell Or Share My Personal Information - Former Employees (California). WorldMark travel experts are working quickly to fix website errors. Please upgrade your browser. Meredith Corporation (NYSE: MDP), a leading media company for nearly 120 years, produces service journalism that engages audiences with essential, inspiring, and trusted content. 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. Effective January 1, 2017, occupancy tax will be assessed on housekeeping charges at several WorldMark resorts. Find helpful tips, video resources, and frequently asked questions that will help guide you through the new WorldMark homepage. Travel + Leisures travel clubs have about 60,000 members who skew younger than Wyndham Destinations existing clientele. Travelers Can Score a Free Private Chef Experience During Their 2023 Vacations at Club Wyndham . Destinations and travel times are subject to availability. We look forward to helping you fulfill your vacation dreams. The Internet Explorer web browser is no longer supported by Club Wyndham. 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. Unlock special pricing with TravelUP by Travel + Leisure, to exceed your vacation expectations. ET, and on Dec. 5, from 1-3 a.m. Many owners are excited about the addition of Moab, Utah to your resort portfolio and WorldMark is, too. Thank you for your patience as this issue is resolved. Your Travel + Leisure Co. Benefits Journey Starts Here! View the full release here: https://www.businesswire.com/news/home/20230228005436/en/, The Club Wyndham Sydney resort celebrates WorldPride. The Travel + Leisure acquisition will result in Wyndham Destinations becoming the Travel + Leisure Co. Each experience is curated with you in mind, allowing you to see and engage with the world around you, near and far. 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. This website stores cookies on your computer. In-House Marketing Phone Room Agent Phoenix. The hotel is within easy walking distance from the many events being showcased in this world celebration of diversity. First Amendment: Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances. All the hard work Travel + Leisure editors have been doing for 50 years led us to this point because Wyndham Destinations wants to create this whole new company centered around our brand and legacy and name, so Im thrilled about that, said Jacqueline Gifford, editor-in-chief of Travel + Leisure. They cover everything from resort operations to suite upgrades to amenities upkeep. Your website will undergo maintenance December 3-4, 11 p.m.-4 a.m. Ive spent time getting to know Michael Brown. Your WorldMark TravelShare tier gives you access to exclusive perks and elevated status in Wyndham Rewards, and by extension, Caesars Rewards. This website stores cookies on your computer. Turn the pages of the magazine into a reality. Did you know? 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 In | Travel + Leisure Housekeeper. Club Wyndham Bali Hai Villas Resort Meredith reaches consumers where they are across multiple platforms, including digital, video, print, and broadcast television. Terms of Use. Login To activate your Okta account for the first time or to reset your password, click here. Travel + Leisure Co. (TNL) 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. The Internet Explorer web browser is no longer supported by Club Wyndham. Chief Operating Officer,Wyndham Destinations. This news does not impact any current contracts, and we do not anticipate any changes to our services. Your maintenance dues keep your resorts in tip-top shape all year long. Travel + Leisure GO Members receive exclusive deals & discounts on hotels, attractions, and more. By continuing to use this website, you consent to these cookies, to our. 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. 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 Privacy Notice and Terms of Use. 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. View Press Release. Member Center. 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. Wyndham Destinations wants to be more than just a timeshare company. The acquisition is expected to be neutral to earnings for the new Travel + Leisure Co. in year one and accretive in year two. "I can honestly say its worth the hype. By continuing I agree to the Applicant Privacy Notice. Travel+Leisure Group Sells Love Home Swap To HomeExchange ORLANDO, Fla. & DES MOINES, Iowa--(BUSINESS WIRE)-- Hotel. In early 2021, Wyndham Destinations will change its name to Travel + Leisure Co. and will expand its portfolio through various branded products and offerings. Affiliated RCI Resorts in ~104 Countries and Territories. Im thrilled that he appreciates the legacy and integrity of this brand, and I look forward to working with him. 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. Discover how much you could save on your next trip. September 2021 Board of Directors Update. Wyndham Destinations has become the umbrella brand for our vacation ownership clubs business line. We put the world on vacation. Share a snapshot of you and your loved ones together again on vacation in the photo contest. 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. This website stores cookies on your computer. Get pinspired resort pin collections are now at all of your WorldMark resorts. Travel + Leisure editors and contributors have crossed England, Wales, Scotland, and Northern Ireland in search of what is truly great in the U.K. right now. Perks at Work members, and growing. Travel services may be provided by a third party under contract with Resort Rental, LLC/RCI, LLC. Extending across Australia, New Zealand, Fiji, Thailand and Indonesia, Wyndham Destinations managed portfolio uses the globally renowned Club Wyndham, Wyndham Grand, Wyndham, Wyndham Garden, Ramada by Wyndham, TRYP by Wyndham and Days Inn by Wyndham brands. 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. Onboard spending may not be combinable with other credits, discounts, or promotional offers. The transaction is not expected to change employment at either company. Whatever your vacation needs, you can now book them all online with ease through WorldMark by Wyndham Travel Online. You may continue to leverage the award-winning Wyndham Rewards program, just as you always have. 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. Learn more at travelandleisureco.com. Valuation is in the eye of the beholder and what you can generate from it. At a March 2020 special meeting, the Board of Directors voted to approve an update to the WorldMark, The Club guidelines for booking multiple reservations. A link to a press release with more details is available here. You consent to our cookies if you click "I Accept". Travel + Leisure Group offers a suite of services that bring together the trusted expert multi-platform content of Travel + Leisure, including licensed and branded consumer products. This website stores cookies on your computer. View source version on businesswire.com: https://www.businesswire.com/news/home/20210106005278/en/, Vanessa Picariello At Travel + Leisure Co., our global team of associates brings hospitality to millions, turning vacation inspiration into exceptional travel experiences. Enter your details and we'll keep you informed of future career adventures with Travel + Leisure Co. 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. 22 new places to call home (away from home). Quick and easy online reservations for all major airlines. What career area(s) are you interested in? Help +. I love working with and building relationships with owners. 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. 16,157 registered Travel and Leisure Co. The company is the No. The terms and conditions of Club Wyndham and any applicable third party providers will apply to your booking. About Us :: Travel - Travel + Leisure Co. (TNL) Additional terms and conditions apply and will be provided at time of booking. As I sit here right now, we have complete editorial independence. Manager, Sales Frontline. 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. Sign in with your Travel + Leisure Co account to access Compass . 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. For 50 years, Travel + Leisure has offered travel inspiration to tens of millions across the world through immersive, transportive experiences across many channels. 1 U.S. magazine operator with 36 million subscribers and the No. Cruise discounts and benefits are provided by a third party provider, World Travel Holdings, Inc. (WTH), under agreement with RCI, LLC (RCI). Enjoy spacious accomodations in resorts worldwide. 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