Journey + Leisure Co. (NYSE:TNL), the world’s major membership and leisure travel business with a portfolio of almost 20 journey brand names incorporated in its resort, travel club, and way of life portfolio, these days will make its premiere on the New York Stock Exchange. Formerly Wyndham Destinations, Inc. (NYSE:WYND), Journey + Leisure Co. will ring The Opening Bell at NYSE currently in celebration of its new listing beneath the ticker image “TNL”, next the acquisition of the legendary Vacation + Leisure model in January.
“We are incredibly happy to make our debut today as Vacation + Leisure Co., the world’s foremost membership vacation firm,” explained Michael Brown, president and main govt officer, Travel + Leisure Co. “This defining milestone in our strategic approach provides chances to evolve our organization and broaden our arrive at within the worldwide leisure vacation market as one particular of the most reliable and influential manufacturers in travel.”
Journey + Leisure Co. will maintain its recent portfolio of brands and products and solutions, with Wyndham Places now serving as the umbrella model for its vacation possession resorts, which will carry on to leverage the ability of the Wyndham Rewards plan and Panorama operating the vacation exchange, membership travel, and travel technologies businesses. The newly-produced Travel + Leisure Team will give client travel goods, such as on the net and subscription vacation providers and product or service licensing.
Journey + Leisure Team
This new enterprise team will aim on the growth and throughout the world progress of new travel goods and expert services that leverage the unparalleled Journey + Leisure track record, skills and articles library — including the company’s subscription travel golf equipment, manufacturer licensing agreements and on the internet vacation booking platforms, such as the family vacation planning gateway BookTandL.com. The Travel + Leisure Team will be led by Noah Brodsky, who assumes the new part of President, Vacation + Leisure Team and Main Manufacturer Officer.
“Since signing up for our staff in 2017, Noah has been a catalyst for innovation and transformation within our business, with his passion for journey resonating throughout the group,” explained Michael Brown, president and main govt officer of Journey + Leisure Co. “I appear ahead to his ongoing achievements as he pivots to suppose management of an important new driver of our potential advancement.”
New Travel Items and Solutions
Journey + Leisure Team today is revealing plans for a new suite of branded items and providers, which include the preview launch of BookTandL.com, a new planning and reserving practical experience for leisure tourists that optimizes the ability of the persuasive material of Journey + Leisure.
The new website will provide as equally a exploration and transaction system, furnishing customers a solitary destination for each and every part of their trip organizing and reserving journey. The holiday scheduling platform will go on to incorporate services and characteristics in the coming months to further increase the internet site, earning the aspirational world of Vacation + Leisure obtainable for all to simply e-book and knowledge.
The new on the internet family vacation booking platform will also lay the foundation for the anticipated summertime start of a new Travel + Leisure membership travel club, giving unique advantages and perks when touring about the globe and when at property. Subscribers to the club will have the possibility to are living out the activities they browse about in Vacation + Leisure, with exclusive accessibility and unique features during their remain at showcased properties.
“There is large pent-up demand for travel and, as the only vacation firm that has the potential to harness the extraordinary information from 1 of the most reliable brands in travel, we are generating a put to fulfill that desire,” reported Brown. “We glimpse ahead to the following daring move in our company’s future as we continue on placing the environment on holiday vacation.”
About the New Journey + Leisure Co.
Travel + Leisure Co. is the world’s primary membership and leisure travel organization, with a portfolio of nearly 20 resort, vacation club, and life-style travel brand names. The enterprise presents fantastic holiday vacation encounters and journey inspiration to millions of homeowners, members, and subscribers every calendar year by its products and services: Wyndham Places, the premier getaway possession enterprise with 230 trip club vacation resort spots throughout the globe Panorama, the world’s foremost membership travel business enterprise that consists of RCI, the largest vacation exchange organization, along with marketplace-primary journey technologies, and membership vacation models and Travel + Leisure Team, giving travel products and solutions and products and services all encouraged by top on-line and print travel content material, like vacation booking platform BookTandL.com, subscription vacation clubs and branded client items. At Journey + Leisure Co., our international group of associates provides hospitality to tens of millions, turning holiday vacation inspiration into fantastic travel experiences. We set the planet on family vacation. Learn additional at travelandleisureco.com.
This push launch incorporates “forward-wanting statements” as that term is defined by the Securities and Trade Fee (“SEC”). Ahead-seeking statements are any statements other than statements of historical fact, which includes statements pertaining to our expectations, beliefs, hopes, intentions or techniques pertaining to the long run. In some instances, ahead-hunting statements can be determined by the use of words these types of as “will,” “expects,” “plans,” “continue,” and “future,” “projects” or other words and phrases of identical that means. Ahead wanting statements are subject matter to challenges and uncertainties that could induce our true benefits to vary materially from those talked over in, or implied by, the ahead-searching statements. The ahead-looking statements contained in this push release consist of statements relevant to our latest sights and expectations that are not historical points. Aspects that might lead to this sort of a difference include, but are not restricted to, hazards involved with our capability to realize the gains of the Travel + Leisure acquisition from Meredith Company uncertainty with regard to the scope, duration and ongoing effect of the COVID-19 pandemic, including on our enterprise and in our industry the impact of war, terrorist exercise, political strife, severe temperature functions and other natural disasters, and pandemics (which includes COVID-19) or threats of pandemics our ability to execute on our business enterprise approach local and world political and economic circumstances and people other factors disclosed as hazards less than “Risk Factors” in files we have submitted with the SEC, which includes in Section I, Product 1A of our Once-a-year Report on Kind 10-K for the fiscal 12 months ended December 31, 2019, submitted with the SEC on February 26, 2020 and Component II, Product 1A of our Quarterly Report on Sort 10-Q for the fiscal quarter ended September 30, 2020, filed with the SEC on October 28, 2020. We caution audience that any these types of statements are based mostly on at the moment readily available operational, economic and competitive details, and they must not position undue reliance on these ahead-looking statements, which reflect management’s viewpoint only as of the date on which they were being built. Other than as needed by regulation, we undertake no obligation to evaluate or update these ahead-on the lookout statements to mirror gatherings or situation as they take place.
Journey + Leisure Co.
Trader Relations Contacts:
Senior Vice President, FP&A and Trader Relations
Journey + Leisure Co.