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Wyndham Destinations, which operates hundreds of timeshare resorts, acquired Travel + Leisure journal from media company Meredith Corp. for $100 million, The Wall Street Journal reported last night time. Collectively, the company — which can change its name to Travel + Leisure Co. early this yr — will now have resort, lifestyle and travel membership brands. Meredith will proceed to publish the magazine under a 30-year licensing settlement.
In addition, Wyndham Destinations has agreed to a five-year marketing commitment throughout Meredith’s portfolio of brands. With places of work spanning North America, Europe, and Asia, we mix our global perspective with native know-how to create unforgettable experiences. Learning a model new skill whereas on vacation is a great concept for energetic individuals who prefer to be mentally stimulated, even whereas they’re taking a break from reality.
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