ORLANDO, Fla.–(Business WIRE)–Travel + Leisure Co. (NYSE:TNL), the world’s major membership and leisure vacation business with a portfolio of practically 20 vacation manufacturers integrated in its resort, travel club, and way of living portfolio, today helps make its premiere on the New York Inventory Trade. Previously Wyndham Places, Inc. (NYSE:WYND), Vacation + Leisure Co. will ring The Opening Bell at NYSE nowadays in celebration of its new listing below the ticker image “TNL”, next the acquisition of the iconic Travel + Leisure manufacturer in January.
“We are really happy to make our debut nowadays as Travel + Leisure Co., the world’s foremost membership vacation organization,” mentioned Michael Brown, president and chief government officer, Journey + Leisure Co. “This defining milestone in our strategic strategy offers options to evolve our business enterprise and expand our reach in just the world wide leisure travel marketplace as one of the most reliable and influential models in travel.”
Travel + Leisure Co. will maintain its latest portfolio of models and items, with Wyndham Places now serving as the umbrella manufacturer for its holiday ownership resorts, which will continue to leverage the energy of the Wyndham Benefits program and Panorama operating the holiday vacation trade, membership journey, and vacation technological know-how organizations. The recently-created Journey + Leisure Group will present customer travel products, like on line and subscription journey solutions and merchandise licensing.
Journey + Leisure Group
This new company group will concentration on the enhancement and around the world development of new journey products and solutions and products and services that leverage the unparalleled Travel + Leisure standing, experience and written content library — like the company’s subscription journey clubs, model licensing agreements and on line vacation booking platforms, such as the getaway scheduling gateway BookTandL.com. The Vacation + Leisure Group will be led by Noah Brodsky, who assumes the new purpose of President, Journey + Leisure Team and Main Manufacturer Officer.
“Since joining our crew in 2017, Noah has been a catalyst for innovation and transformation within our company, with his passion for journey resonating throughout the firm,” explained Michael Brown, president and main executive officer of Journey + Leisure Co. “I appear ahead to his ongoing achievements as he pivots to assume leadership of an significant new driver of our long term progress.”
New Travel Products and Products and services
Vacation + Leisure Team nowadays is revealing plans for a new suite of branded items and solutions, which includes the preview launch of BookTandL.com, a new setting up and booking expertise for leisure travelers that optimizes the electrical power of the powerful articles of Travel + Leisure.
The new site will serve as the two a investigation and transaction system, offering individuals a single spot for each individual facet of their vacation organizing and reserving journey. The family vacation booking platform will keep on to include expert services and capabilities in the coming months to further more enrich the internet site, earning the aspirational entire world of Journey + Leisure available for all to effortlessly e book and expertise.
The new on the web vacation booking system will also lay the foundation for the expected summertime launch of a new Travel + Leisure subscription travel club, providing distinctive added benefits and benefits when traveling all-around the earth and when at dwelling. Subscribers to the club will have the option to are living out the experiences they examine about in Vacation + Leisure, with unique accessibility and special features all over their keep at featured qualities.
“There is tremendous pent-up demand for vacation and, as the only travel corporation that has the skill to harness the unbelievable articles from one particular of the most trustworthy manufacturers in vacation, we are building a area to fulfill that need,” reported Brown. “We look ahead to the future bold stage in our company’s foreseeable future as we continue putting the world on getaway.”
About the New Travel + Leisure Co.
Travel + Leisure Co. is the world’s top membership and leisure vacation company, with a portfolio of almost 20 resort, vacation club, and way of life travel brand names. The enterprise gives outstanding holiday ordeals and travel inspiration to thousands and thousands of proprietors, customers, and subscribers just about every calendar year by its items and expert services: Wyndham Locations, the greatest family vacation possession business with 230 vacation club resort locations throughout the globe Panorama, the world’s foremost membership vacation enterprise that incorporates RCI, the major getaway exchange organization, along with market-leading travel technology, and membership journey models and Travel + Leisure Group, providing journey products and providers all influenced by best on the net and print journey content material, which include vacation scheduling platform BookTandL.com, membership vacation clubs and branded purchaser merchandise. At Travel + Leisure Co., our world team of associates delivers hospitality to hundreds of thousands, turning family vacation inspiration into exceptional journey ordeals. We set the planet on holiday vacation. Discover extra at travelandleisureco.com.
This press release features “forward-on the lookout statements” as that expression is defined by the Securities and Exchange Fee (“SEC”). Forward-wanting statements are any statements other than statements of historic truth, together with statements regarding our anticipations, beliefs, hopes, intentions or techniques pertaining to the future. In some conditions, forward-wanting statements can be recognized by the use of phrases this kind of as “will,” “expects,” “plans,” “continue,” and “future,” “tasks” or other words of related that means. Ahead seeking statements are subject to hazards and uncertainties that could cause our real outcomes to vary materially from individuals reviewed in, or implied by, the forward-on the lookout statements. The forward-looking statements contained in this push launch consist of statements linked to our present-day sights and expectations that are not historic specifics. Components that might trigger this kind of a distinction incorporate, but are not constrained to, pitfalls linked with our means to realize the advantages of the Travel + Leisure acquisition from Meredith Corporation uncertainty with respect to the scope, period and continued effect of the COVID-19 pandemic, which include on our company and in our marketplace the impression of war, terrorist exercise, political strife, severe climate gatherings and other pure disasters, and pandemics (like COVID-19) or threats of pandemics our capacity to execute on our small business system area and world wide political and economic circumstances and those other variables disclosed as pitfalls beneath “Risk Factors” in files we have submitted with the SEC, which includes in Part I, Product 1A of our Annual Report on Form 10-K for the fiscal 12 months ended December 31, 2019, filed with the SEC on February 26, 2020 and Component II, Item 1A of our Quarterly Report on Sort 10-Q for the fiscal quarter finished September 30, 2020, filed with the SEC on October 28, 2020. We caution audience that any such statements are centered on at present readily available operational, fiscal and aggressive details, and they need to not location undue reliance on these forward-hunting statements, which replicate management’s view only as of the date on which they were being manufactured. Apart from as needed by law, we undertake no obligation to assessment or update these forward-looking statements to replicate events or conditions as they happen.