Wyndham Destinations completed the acquisition of Travel + Leisure from Meredith for $100m.

Wyndham Destinations, an American timeshare company, completed the acquisition of Travel + Leisure, a travel magazine, from Meredith, an American media conglomerate, for $100m. In early 2021, Wyndham Destinations will change its name to Travel + Leisure and will expand its portfolio through various branded products and offerings. The new Travel + Leisure stock will begin trading under the ticker symbol NYSE:TNL in mid-February 2021. “We acquired Travel + Leisure, including access to its global audience of 35m loyal followers across multiple platforms and nearly 60k club members, because it matches our passion and purpose to put the world on vacation. Over the past 18 months, we have laid the foundation to expand our footprint beyond our core vacation ownership business, and today we add one of the most trusted and influential brands in travel through the acquisition of Travel + Leisure,” Michael D. Brown, Wyndham Destinations President and CEO.