Main leisure vacation corporation begins trading now on the NYSE beneath the ticker symbol TNL, rings The Opening Bell® to rejoice its new name
Vacation + Leisure Co. shares information on to start with new travel solutions planned, which include BookTandL.com, and new membership journey club debuting this summer months under its Travel + Leisure Team
Journey + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure vacation corporation with a portfolio of practically 20 travel manufacturers included in its resort, travel club, and life style portfolio, currently will make its premiere on the New York Inventory Exchange. Formerly Wyndham Places, Inc. (NYSE:WYND), Vacation + Leisure Co. will ring The Opening Bell at NYSE right now in celebration of its new listing underneath the ticker image “TNL”, following the acquisition of the iconic Journey + Leisure manufacturer in January.
“We are quite happy to make our debut now as Travel + Leisure Co., the world’s leading membership travel organization,” mentioned Michael Brown, president and main government officer, Travel + Leisure Co. “This defining milestone in our strategic strategy supplies alternatives to evolve our company and develop our arrive at within just the world-wide leisure travel industry as one particular of the most trustworthy and influential makes in journey.”
Travel + Leisure Co. will retain its present portfolio of brand names and solutions, with Wyndham Locations now serving as the umbrella manufacturer for its holiday possession resorts, which will continue to leverage the power of the Wyndham Rewards application and Panorama functioning the getaway exchange, membership vacation, and travel engineering enterprises. The freshly-developed Vacation + Leisure Team will present client vacation products, which includes on the web and membership vacation expert services and products licensing.
Vacation + Leisure Group
This new company group will concentration on the enhancement and globally development of new journey products and companies that leverage the unparalleled Travel + Leisure track record, abilities and content library — which includes the company’s membership vacation clubs, model licensing agreements and on-line vacation booking platforms, which includes the holiday preparing gateway BookTandL.com. The Journey + Leisure Team will be led by Noah Brodsky, who assumes the new function of President, Journey + Leisure Team and Chief Manufacturer Officer.
“Due to the fact becoming a member of our group in 2017, Noah has been a catalyst for innovation and transformation within just our business, with his enthusiasm for travel resonating throughout the organization,” claimed Michael Brown, president and chief govt officer of Vacation + Leisure Co. “I look forward to his continued achievements as he pivots to presume leadership of an vital new driver of our long term expansion.”
New Vacation Items and Solutions
Journey + Leisure Team these days is revealing plans for a new suite of branded products and products and services, which includes the preview launch of BookTandL.com, a new scheduling and scheduling encounter for leisure vacationers that optimizes the electrical power of the persuasive articles of Travel + Leisure.
The new web site will provide as equally a investigation and transaction system, delivering shoppers a one spot for each individual part of their holiday setting up and reserving journey. The trip booking system will continue to add expert services and attributes in the coming months to additional boost the site, making the aspirational world of Travel + Leisure accessible for all to very easily e book and experience.
The new on the internet holiday scheduling platform will also lay the foundation for the predicted summertime start of a new Vacation + Leisure membership journey club, presenting distinctive added benefits and benefits when touring around the earth and when at residence. Subscribers to the club will have the option to are living out the experiences they study about in Vacation + Leisure, with exclusive accessibility and exclusive features throughout their continue to be at featured houses.
“There is large pent-up demand from customers for vacation and, as the only vacation corporation that has the skill to harness the incredible written content from 1 of the most dependable brands in journey, we are developing a place to fulfill that need,” said Brown. “We glimpse ahead to the upcoming daring phase in our company’s upcoming as we continue placing the environment on trip.”
About the New Travel + Leisure Co.
Vacation + Leisure Co. is the world’s leading membership and leisure vacation enterprise, with a portfolio of nearly 20 vacation resort, journey club, and lifestyle journey manufacturers. The corporation offers fantastic trip encounters and vacation inspiration to tens of millions of homeowners, associates, and subscribers every 12 months by way of its products and companies: Wyndham Locations, the biggest getaway possession company with 230 trip club resort locations throughout the globe Panorama, the world’s foremost membership journey enterprise that includes RCI, the greatest vacation exchange enterprise, along with business-top vacation technological know-how, and membership journey models and Vacation + Leisure Team, presenting journey items and providers all inspired by leading on line and print journey material, which include journey booking platform BookTandL.com, subscription vacation clubs and branded customer products and solutions. At Vacation + Leisure Co., our world crew of associates delivers hospitality to millions, turning holiday inspiration into fantastic vacation ordeals. We place the environment on holiday vacation. Study a lot more at travelandleisureco.com.
Ahead-On the lookout Statements
This push launch features “ahead-hunting statements” as that term is defined by the Securities and Exchange Commission (“SEC”). Forward-searching statements are any statements other than statements of historic actuality, which includes statements about our expectations, beliefs, hopes, intentions or approaches with regards to the foreseeable future. In some conditions, forward-looking statements can be discovered by the use of words this sort of as “will,” “expects,” “strategies,” “continue,” and “future,” “initiatives” or other words of equivalent this means. Forward on the lookout statements are topic to threats and uncertainties that could lead to our true benefits to vary materially from those people discussed in, or implied by, the forward-on the lookout statements. The forward-hunting statements contained in this press release include statements connected to our current views and expectations that are not historical info. Elements that might result in these kinds of a change incorporate, but are not restricted to, threats linked with our capability to understand the rewards of the Vacation + Leisure acquisition from Meredith Company uncertainty with regard to the scope, length and continued effects of the COVID-19 pandemic, such as on our company and in our industry the affect of war, terrorist activity, political strife, extreme weather events and other natural disasters, and pandemics (including COVID-19) or threats of pandemics our capability to execute on our business strategy local and worldwide political and economic situations and those other factors disclosed as risks below “Danger Components” in documents we have submitted with the SEC, such as in Part I, Merchandise 1A of our Yearly Report on Sort 10-K for the fiscal year finished December 31, 2019, filed with the SEC on February 26, 2020 and Portion II, Product 1A of our Quarterly Report on Sort 10-Q for the fiscal quarter finished September 30, 2020, submitted with the SEC on October 28, 2020. We warning readers that any this kind of statements are primarily based on at the moment available operational, monetary and aggressive facts, and they need to not area undue reliance on these forward-on the lookout statements, which reflect management’s feeling only as of the date on which they were built. Besides as needed by regulation, we undertake no obligation to overview or update these forward-on the lookout statements to mirror events or situation as they manifest.
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