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Travel + Leisure CEO: We Can Make $12 5 Billion Off Existing Timeshare Owners

There’s a lot of upside in the timeshare industry that is, if you can make that first sale.

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Travel + Leisure debuts travel subscription service: Travel Weekly

Travel + Leisure debuts travel subscription service: Travel Weekly
travelweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelweekly.com Daily Mail and Mail on Sunday newspapers.

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Travel + Leisure Co Timeshare Demand Roars Back to Life in a Matter of Weeks

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more A springtime surge in bookings for timeshares and vacation rentals at the newly named Travel + Leisure Co. shows just how fast pent-up travel demand can fuel a business recovery. The timeshare and vacation club company, formerly known as Wyndham Destinations, reported Wednesday a $29 million first quarter profit, and a bulk of the profitability stemmed from how the company performed in the final month of the quarter. Travel + Leisure Co.’s March vacation ownership bookings were 15 percent higher than the same month in 2019. It was a swift tilt toward recovery from January and February, when bookings were down 15 percent from 2019 levels.

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Wyndham Celebrates National Parks Week With Special Offer

Wyndham Celebrates National Parks Week With Special Offer
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Workcation travel: Your guide to long-term lodging options

The COVID-19 pandemic accelerated a permanent merger of work and vacation into a workcation. But where are all those travelers going to stay? That s what John Tarantino wondered after he left his 9-to-5 job in Manhattan. Tarantino, who founded a boutique watchmaking business in New York, had spent time in Buenos Aires, Argentina; Mexico City, New York and Miami. But by the end of last year, he d grown weary of making new reservations at a different vacation rental every month and figured there had to be a better way. There is. The fast-growing market for long-term accommodations picked up speed during the pandemic, as offices closed and more Americans like Tarantino began working remotely. The options range from innovative new companies that offer housing as a subscription to traditional rental platforms and hotels adjusting their products for the workcation crowd.

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