ORLANDO, Fla.–(Organization WIRE)–Journey + Leisure Co. (NYSE:TNL), the world’s top membership and leisure vacation firm with a portfolio of approximately 20 vacation brand names bundled in its vacation resort, travel club, and lifestyle portfolio, currently will make its premiere on the New York Stock Exchange. Formerly Wyndham Destinations, Inc. (NYSE:WYND), Travel + Leisure Co. will ring The Opening Bell at NYSE nowadays in celebration of its new listing beneath the ticker image “TNL”, following the acquisition of the iconic Journey + Leisure manufacturer in January.
“We are pretty proud to make our debut right now as Journey + Leisure Co., the world’s primary membership travel firm,” reported Michael Brown, president and chief executive officer, Vacation + Leisure Co. “This defining milestone in our strategic system delivers prospects to evolve our business and develop our access in just the global leisure travel marketplace as just one of the most reliable and influential brands in journey.”
Vacation + Leisure Co. will retain its present portfolio of models and merchandise, with Wyndham Places now serving as the umbrella model for its trip possession resorts, which will proceed to leverage the power of the Wyndham Rewards software and Panorama operating the holiday vacation exchange, membership vacation, and vacation technologies corporations. The recently-produced Journey + Leisure Group will give shopper journey products and solutions, together with on-line and subscription journey providers and item licensing.
Vacation + Leisure Team
This new company team will concentration on the enhancement and around the globe growth of new travel products and expert services that leverage the unparalleled Travel + Leisure name, abilities and information library — which includes the company’s membership vacation clubs, model licensing agreements and on-line vacation scheduling platforms, like the getaway arranging gateway BookTandL.com. The Vacation + Leisure Group will be led by Noah Brodsky, who assumes the new purpose of President, Journey + Leisure Group and Chief Model Officer.
“Since joining our team in 2017, Noah has been a catalyst for innovation and transformation in our corporation, with his enthusiasm for vacation resonating throughout the firm,” stated Michael Brown, president and main government officer of Vacation + Leisure Co. “I look forward to his ongoing achievements as he pivots to assume leadership of an vital new driver of our future expansion.”
New Travel Items and Providers
Vacation + Leisure Group today is revealing programs for a new suite of branded products and solutions and products and services, like the preview launch of BookTandL.com, a new setting up and reserving working experience for leisure vacationers that optimizes the power of the powerful articles of Vacation + Leisure.
The new web page will provide as both equally a exploration and transaction system, supplying individuals a single spot for every element of their family vacation scheduling and booking journey. The family vacation scheduling system will proceed to increase services and functions in the coming months to more boost the web page, earning the aspirational environment of Vacation + Leisure available for all to effortlessly e-book and encounter.
The new on line vacation scheduling platform will also lay the basis for the predicted summertime start of a new Travel + Leisure membership travel club, providing exceptional positive aspects and benefits when touring all over the environment and when at dwelling. Subscribers to the club will have the prospect to live out the ordeals they examine about in Journey + Leisure, with unique access and specific amenities throughout their stay at highlighted houses.
“There is large pent-up desire for vacation and, as the only vacation enterprise that has the capacity to harness the incredible written content from just one of the most reliable makes in journey, we are making a put to fulfill that demand from customers,” mentioned Brown. “We seem forward to the following daring step in our company’s future as we proceed placing the entire world on trip.”
About the New Journey + Leisure Co.
Journey + Leisure Co. is the world’s top membership and leisure vacation business, with a portfolio of virtually 20 resort, travel club, and lifestyle journey brands. The firm gives fantastic holiday vacation encounters and journey inspiration to thousands and thousands of homeowners, members, and subscribers each individual year through its products and expert services: Wyndham Places, the largest holiday vacation possession enterprise with 230 trip club resort destinations throughout the world Panorama, the world’s foremost membership vacation company that involves RCI, the major trip exchange corporation, alongside with industry-top vacation technologies, and membership journey makes and Travel + Leisure Team, presenting journey merchandise and solutions all impressed by top online and print vacation articles, such as journey reserving platform BookTandL.com, membership journey clubs and branded consumer goods. At Travel + Leisure Co., our world team of associates brings hospitality to hundreds of thousands, turning getaway inspiration into extraordinary vacation activities. We put the earth on trip. Find out far more at travelandleisureco.com.
This press launch consists of “forward-seeking statements” as that term is defined by the Securities and Exchange Fee (“SEC”). Ahead-hunting statements are any statements other than statements of historic reality, such as statements regarding our anticipations, beliefs, hopes, intentions or techniques with regards to the upcoming. In some situations, ahead-searching statements can be identified by the use of terms this kind of as “will,” “expects,” “plans,” “continue,” and “future,” “initiatives” or other phrases of very similar which means. Ahead on the lookout statements are subject matter to risks and uncertainties that could result in our actual results to differ materially from individuals mentioned in, or implied by, the ahead-searching statements. The ahead-looking statements contained in this push release consist of statements relevant to our present-day views and expectations that are not historical facts. Aspects that could lead to these types of a distinction include things like, but are not limited to, threats related with our means to know the positive aspects of the Travel + Leisure acquisition from Meredith Corporation uncertainty with regard to the scope, length and continued affect of the COVID-19 pandemic, which includes on our organization and in our marketplace the impression of war, terrorist exercise, political strife, critical climate functions and other purely natural disasters, and pandemics (together with COVID-19) or threats of pandemics our means to execute on our business strategy regional and international political and economic ailments and these other variables disclosed as threats less than “Risk Factors” in paperwork we have submitted with the SEC, which include in Part I, Merchandise 1A of our Once-a-year Report on Form 10-K for the fiscal year ended December 31, 2019, submitted with the SEC on February 26, 2020 and Portion II, Merchandise 1A of our Quarterly Report on Form 10-Q for the fiscal quarter finished September 30, 2020, submitted with the SEC on October 28, 2020. We warning audience that any such statements are centered on at this time accessible operational, economical and aggressive data, and they really should not put undue reliance on these forward-wanting statements, which reflect management’s belief only as of the date on which they were being created. Except as required by law, we undertake no obligation to critique or update these forward-wanting statements to replicate events or conditions as they take place.