Travel and Leisure Industry Market Research Reports, Analysis and Trends

Wyndham Destinations, which operates hundreds of timeshare resorts, acquired Travel + Leisure magazine from media company Meredith Corp. for $100 million, The Wall Street Journal reported last night. Collectively, the company — which will change its name to Travel + Leisure Co. early this year — will now have resort, lifestyle and travel club brands. Meredith will continue to publish the magazine under a 30-year licensing agreement. It is not just the airlines, hotels and car-hire companies that are affected by border closures and unfavourable market conditions.

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