Travel + Leisure Co.

American hotel and timeshare company / From Wikipedia, the free encyclopedia

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Travel + Leisure Co. (formerly Wyndham Destinations, Inc. and Wyndham Worldwide Corporation) is an American timeshare company headquartered in Orlando, Florida.[8] It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham and WorldMark by Wyndham, and provides timeshare exchange services, primarily through RCI.

Quick facts: Formerly, Type, Traded as, Industry, Founded...
Travel + Leisure Co.
FormerlyWyndham Worldwide (2006–2018)
FoundedJuly 8, 2006 (2006-07-08)
HeadquartersOrlando, Florida,
United States
Key people
  • Michael D. Brown (president & CEO)[1]
  • Michael Hug (CFO)[2]
  • Noah Brodsky (chief brand officer)[3]
ProductsTimeshare, vacation rentals, resorts
RevenueIncrease US$4.043 billion (2019)[4]
Increase US$812 million (2019)[4]
Increase US$507 million (2019)[4]
Number of employees
22,500[5] (2019)
WorldMark by Wyndham
Footnotes / references

The company operates three business lines: Wyndham Destinations, the world's largest vacation ownership business; Panorama, operating vacation exchange, membership travel, and travel technology businesses; and Travel + Leisure Group, offering consumer travel products, including online and subscription travel services and product licensing.[9]

Wyndham Worldwide was formed as a spin-off from Cendant Corporation in 2006, with ownership of Cendant's hotel and timeshare businesses. In 2018, Wyndham Worldwide spun off its hotel division as Wyndham Hotels & Resorts and changed its own name to Wyndham Destinations and then to Travel + Leisure in 2021 following the acquisition of the brand from Meredith Corporation, later known as Dotdash Meredith. The Travel + Leisure magazine is published independently by Dotdash Meredith under a long-term license agreement.[10]