Wyndham Destinations Acquires Travel + Leisure Brand from Meredith Corporation
Wyndham Destinations and Meredith Corporation announced that Wyndham Destinations has acquired the Travel + Leisure brand and all related assets from Meredith Corporation, combining the travel company’s portfolio of resort, membership, and lifestyle travel brands with the world’s most trusted travel lifestyle content curator and its travel clubs. This acquisition will accelerate Wyndham Destinations’ strategic plan to build on its leading position as the world’s largest vacation club and exchange company and expand into new leisure travel and licensing markets.
“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. Over the past 18 months, we have laid the foundation to expand our footprint beyond our core vac
Why a timeshare brand just bought Travel + Leisure magazine
Jan 6, 2021
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One of the world’s most iconic travel brands has been bought by a timeshare company.
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. Collectively, the company which will change its name to Travel + Leisure Co. early this year will now have resort, lifestyle and travel club brands. Meredith will continue to publish the magazine under a 30-year licensing agreement.