Happy New Year!
Today, Wyndham Destinations – the parent company of Wyndham Destinations Asia Pacific, announced the acquisition of the iconic Travel + Leisure brand and its assets from Meredith Corporation. Our overarching parent company will be renamed Travel + Leisure Co. in mid-February 2021, while Wyndham Destinations will become the umbrella brand for our current Wyndham Vacation Clubs business line. You can see the press release here.
The acquisition of Travel + Leisure will not directly affect Innovative Holiday Club by Wyndham and it will have no effect on members, brands, partners or operations. All of our customers will continue to enjoy their benefits, products and club offerings just as they always have. It will be business-as-usual for the continuation of our services and resort operations. This news does not impact any of our current contracts, and we do not anticipate any changes to our services.
We have provided you with this message in case you see this announcement in the media, you can rest assured that you will be able to continue to enjoy your membership as you have been.
We are proud to be part of a thriving travel business committed to ongoing innovation, growth and strategies to benefit all our customers and stakeholders.
Thank you for your ongoing support.
President and Managing Director,
International Operations Wyndham Vacation Clubs