ORLANDO, Fla.–(Company Wire)–Travel + Leisure Co. (NYSE:TNL), the world’s top membership and leisure journey business with a portfolio of almost 20 vacation makes bundled in its vacation resort, vacation club, and way of life portfolio, nowadays can make its premiere on the New York Inventory Exchange. Previously Wyndham Destinations, Inc. (NYSE:WYND), Vacation + Leisure Co. will ring The Opening Bell at NYSE today in celebration of its new listing below the ticker image “TNL”, adhering to the acquisition of the iconic Travel + Leisure brand in January.
“We are quite happy to make our debut these days as Journey + Leisure Co., the world’s main membership travel firm,” said Michael Brown, president and chief executive officer, Journey + Leisure Co. “This defining milestone in our strategic strategy provides opportunities to evolve our enterprise and expand our arrive at within just the world-wide leisure travel business as just one of the most reliable and influential models in vacation.”
Travel + Leisure Co. will sustain its current portfolio of models and items, with Wyndham Places now serving as the umbrella brand name for its holiday possession resorts, which will continue on to leverage the power of the Wyndham Benefits software and Panorama functioning the trip exchange, membership vacation, and journey technological know-how organizations. The newly-designed Travel + Leisure Team will give buyer travel solutions, like on the net and subscription travel expert services and product or service licensing.
Vacation + Leisure Group
This new company group will focus on the development and throughout the world progress of new travel solutions and solutions that leverage the unparalleled Vacation + Leisure popularity, skills and articles library — such as the company’s subscription travel golf equipment, manufacturer licensing agreements and on the internet vacation reserving platforms, such as the getaway setting up gateway BookTandL.com. The Travel + Leisure Team will be led by Noah Brodsky, who assumes the new job of President, Vacation + Leisure Group and Chief Brand Officer.
“Since becoming a member of our workforce in 2017, Noah has been a catalyst for innovation and transformation in just our firm, with his passion for travel resonating across the group,” stated Michael Brown, president and main govt officer of Journey + Leisure Co. “I glance forward to his ongoing achievements as he pivots to suppose management of an important new driver of our long term development.”
New Vacation Solutions and Expert services
Vacation + Leisure Team now is revealing plans for a new suite of branded products and solutions and products and services, which include the preview launch of BookTandL.com, a new preparing and reserving experience for leisure travelers that optimizes the electric power of the compelling content material of Journey + Leisure.
The new internet site will serve as equally a investigate and transaction platform, giving customers a one vacation spot for each individual component of their family vacation organizing and booking journey. The family vacation booking platform will carry on to insert products and services and attributes in the coming months to even more improve the site, producing the aspirational entire world of Travel + Leisure accessible for all to effortlessly e-book and knowledge.
The new on the web family vacation scheduling system will also lay the foundation for the expected summer season start of a new Travel + Leisure subscription journey club, featuring special gains and perks when traveling all around the globe and when at dwelling. Subscribers to the club will have the chance to reside out the ordeals they study about in Journey + Leisure, with special entry and unique amenities throughout their keep at featured qualities.
“There is large pent-up desire for vacation and, as the only travel company that has the capacity to harness the amazing material from a single of the most dependable brand names in vacation, we are building a spot to fulfill that need,” reported Brown. “We seem ahead to the following bold move in our company’s long run as we go on placing the world on trip.”
About the New Journey + Leisure Co.
Vacation + Leisure Co. is the world’s foremost membership and leisure journey corporation, with a portfolio of practically 20 resort, vacation club, and life-style vacation makes. The company offers excellent vacation activities and travel inspiration to hundreds of thousands of proprietors, members, and subscribers each 12 months by means of its products and services: Wyndham Locations, the most significant family vacation ownership firm with 230 vacation club vacation resort areas throughout the world Panorama, the world’s foremost membership vacation small business that includes RCI, the most significant family vacation trade corporation, together with industry-primary vacation technological know-how, and membership vacation brands and Vacation + Leisure Team, providing travel solutions and expert services all motivated by prime on-line and print journey material, together with travel reserving platform BookTandL.com, subscription journey clubs and branded customer products and solutions. At Journey + Leisure Co., our worldwide staff of associates delivers hospitality to thousands and thousands, turning trip inspiration into outstanding vacation ordeals. We place the environment on getaway. Find out more at travelandleisureco.com.
This push launch incorporates “forward-on the lookout statements” as that time period is outlined by the Securities and Trade Commission (“SEC”). Ahead-searching statements are any statements other than statements of historic fact, which include statements with regards to our anticipations, beliefs, hopes, intentions or strategies pertaining to the foreseeable future. In some instances, ahead-searching statements can be determined by the use of text these types of as “will,” “expects,” “plans,” “continue,” and “future,” “jobs” or other text of comparable that means. Ahead seeking statements are subject matter to dangers and uncertainties that could trigger our genuine benefits to vary materially from those people discussed in, or implied by, the forward-on the lookout statements. The ahead-looking statements contained in this push release include things like statements linked to our present-day views and expectations that are not historic details. Things that may well trigger these a change involve, but are not minimal to, threats associated with our means to comprehend the positive aspects of the Vacation + Leisure acquisition from Meredith Corporation uncertainty with respect to the scope, length and ongoing affect of the COVID-19 pandemic, like on our enterprise and in our marketplace the effect of war, terrorist exercise, political strife, extreme weather functions and other organic disasters, and pandemics (like COVID-19) or threats of pandemics our capability to execute on our enterprise approach community and world wide political and financial circumstances and those people other components disclosed as threats beneath “Risk Factors” in paperwork we have submitted with the SEC, including in Part I, Item 1A of our Once-a-year Report on Sort 10-K for the fiscal yr ended December 31, 2019, submitted with the SEC on February 26, 2020 and Element II, Product 1A of our Quarterly Report on Kind 10-Q for the fiscal quarter ended September 30, 2020, submitted with the SEC on Oct 28, 2020. We caution visitors that any such statements are based on presently accessible operational, money and competitive data, and they need to not area undue reliance on these ahead-looking statements, which replicate management’s impression only as of the day on which they were made. Other than as needed by legislation, we undertake no obligation to review or update these ahead-wanting statements to mirror functions or conditions as they take place.
Journey + Leisure Co.
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