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.
 | |
| Formerly | Wyndham Worldwide (2006–2018) |
|---|---|
| Type | Public |
| Industry | Hospitality |
| Founded | July 8, 2006 |
| Headquarters | Orlando, Florida, United States |
Key people | |
| Products | Timeshare, vacation rentals, resorts |
| Revenue |  US$4.043 billion (2019)[4] |
| US$812 million (2019)[4] | |
| US$507 million (2019)[4] | |
Number of employees | 22,500[5] (2019) |
| Subsidiaries | RCI WorldMark by Wyndham |
| Website | www |
| Footnotes / references [6][7] | |
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]