ORLANDO, Fla .– (BUSINESS WIRE) – February 17, 2021 – Travel + Leisure Co. (NYSE: TNL), the world’s leading membership and leisure travel company with a portfolio of nearly 20 travel brands included in its resort , travel club and lifestyle portfolio, makes its premiere today on the New York Stock Exchange. Formerly Wyndham Destinations, Inc. (NYSE: WYND), Travel + Leisure Co. will ring the opening bell in NYSE today to celebrate its new listing under the symbol “TNL”, following the acquisition of the iconic Travel brand. + Leisure in January. “We are very proud to make our debut today as Travel + Leisure Co., the global leader in member travel,” said Michael Brown, President and CEO of Travel + Leisure Co. “This This milestone in our strategic plan provides opportunities to grow our business and expand our reach within the global leisure travel industry as one of the travel industry’s most trusted and influential brands. Travel + Leisure Co. will maintain its current portfolio of brands and products, with Wyndham Destinations now serving as an umbrella brand for its resorts, which will continue to leverage the power of the Wyndham Rewards program; and Panorama, which manages the vacation exchange, membership travel and travel technology businesses. The newly formed Travel + Leisure Group will offer consumer travel products including online and subscription travel services and product licenses. Travel + Leisure Group This new business group will focus on development and growth global new travel products and services that capitalize on unprecedented travel. + Library of reputation, expertise and leisure content – including subscription travel clubs, branded licensing agreements and online travel booking platforms including the BookTandL vacation planning gateway .com. The Travel + Leisure group will be led by Noah Brodsky, who assumes the new role of Chairman, Travel + Leisure Group and Chief Brand Officer. “Since joining our team in 2017, Noah has been a catalyst for innovation and transformation within our company, with his passion for travel resonating throughout the organization,” said Michael Brown, President and CEO of Travel + Leisure Co. “I look forward to his continued accomplishments as he pivots to assume the leadership of an important new driver of our future growth. New Travel Products and ServicesTravel + Leisure Group today unveils plans for a new line of branded products and services, including the preview launch of BookTandL.com, a new planning and booking experience for travelers. leisure travelers that leverages the power of Travel + Leisure’s compelling content. The new website will serve as both a research and transaction platform, providing consumers with a single destination for every aspect of their vacation planning and b ooking trip. The vacation booking platform will continue to add services and features in the coming months to further improve the site, making the ambitious world of Travel + Leisure accessible for everyone to book and experience easily. Vacation Booking Online will also lay the groundwork for the planned summer launch of a new Travel + Leisure Membership Travel Club, offering exclusive perks and perks when traveling around the world and at home. Club members will have the opportunity to experience the experiences they read in Travel + Leisure, with exclusive access and special amenities throughout their stay at featured properties. “There is a huge pent-up demand for travel and, as the only travel company that has the ability to harness incredible content from one of the most trusted brands in travel, we are creating a place to satisfy. this request, ”Brown said. “We look forward to the next bold step in the future of our business as we continue to put everyone on vacation.” About New Travel + Leisure Co., Travel + Leisure Co. is the world’s leading member and leisure travel company, with a portfolio of nearly 20 resort, travel club and lifestyle travel brands. The Company delivers exceptional vacation experiences and travel inspiration to millions of owners, members and subscribers each year through its products and services: Wyndham Destinations, the largest vacation ownership company with 230 resorts worldwide; Panorama, the world’s largest member travel company, which includes RCI, the world’s largest vacation exchange company, along with leading travel technology and member travel brands; and Travel + Leisure Group, which offers travel products and services all inspired by the best online and print travel content, including the BookTandL.com travel booking platform, subscription travel clubs and consumer products from Mark. At Travel + Leisure Co., our global team of associates bring hospitality to millions of people, turning vacation inspiration into exceptional travel experiences. We put everyone on vacation. To find out more, visit travelandleisureco.com. Forward-looking statements This press release contains “forward-looking statements” as such term is defined by the Securities and Exchange Commission (“SEC”). Forward-looking statements are statements other than statements of historical fact, including statements about our expectations, beliefs, hopes, intentions or strategies regarding the future. In some cases, forward-looking statements can be identified by the use of words such as “will”, “expects”, “plans”, “continue” and “future”, “plans” or other meaningful words. similar. Forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from those discussed or implied by the forward-looking statements. The forward-looking statements contained in this press release include statements related to our current beliefs and expectations that are not historical facts. Factors that could cause such a difference include, but are not limited to, risks associated with our ability to realize the benefits of acquiring Travel + Leisure from Meredith Corporation; uncertainty about the scope, duration and continued impact of the COVID-19 pandemic, including on our business and in our industry; the impact of war, terrorist activities, political conflicts, severe weather and other natural disasters, and pandemics (including COVID-19) or pandemic threats; our ability to execute our business strategy; local and global political and economic conditions and other factors presented as risks under “Risk Factors” in our documents that we have filed with the SEC, including in Part I, Item 1A of our Annual Report on Form 10- K for the fiscal year ended December 31, 2019, filed with the SEC on February 26, 2020 and Part II, Item 1A of our Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2020, filed with the SEC on October 28, 2020. We caution readers that these statements are based on currently available operating, financial and competitive information, and that they should not place undue reliance on these forward-looking statements, which reflect the opinion of the Company. direction only on the date on which they were made. Except as required by law, we assume no obligation to review or update these forward-looking statements to reflect events or circumstances as they occur. View source version at businesswire.com : https://www.businesswire.com/news/home/ 20210217005217 / en / CONTACT: Media Contacts: Vanessa PicarielloTravel + Leisure Co. (407) [email protected] Investor Relations Contacts: Christopher AgnewVice -President, FP&A and Investor Relations Travel + Leisure Co. (407) 626-4050Christopher.Agnew @ KEYWORD: FLORIDA NORTH AMERICAN UNITED STATESEDUSTRY KEYWORD: ACCOMMODATION DESTINATIONS TRAVELSOURCE: Travel + Leisure Co. Copyright Business Wire 2021.PUB: 02/17/2021 06:45 AM / DISC: 02/17/2021 06:45 AM http://www.businesswire.com/news/home/20210217005217/en.
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