Seriously? Wyndham buys T + L Magazine from the largest magazine operator in the USA.
9 thoughts on “Strange bedfellows: Why Wyndham Acquired and Became “Travel & Leisure””
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Seriously? Wyndham buys T + L Magazine from the largest magazine operator in the USA.
Comments are closed.
I own 2 timeshares through Wyndham. When doing exchanges of your expiring points (your use year is 1 year) to RCI, they charge exorbitant fees of $239 per exchange, whether it is for all your points or a small amount. I am doing this with the click of the mouse online, yet they charge me $239 for doing nothing during the exchange. This exchange extends the time of use by 2 years. Certain people get charged housekeeping fees on top of this. Then when you show up at their resorts, you are hit with a bait and switch at check-in. They have you go to a separate counter to pick up your parking pass, where they hit you up to attend what they call “an owner update meeting”, which is their term for “a sales pitch for selling you another timeshare”. We have been dealing with them for 30 years, and just hearing the word ” Wyndham” immediately turns me off.
Canceled my “Travel and Leisure” subscription when I first heard about this. That’s after being an Amex Gold or Platinum account holder for 35+ years.
Do they allow Loud Laughing in Hawaii ? Or just “A Low Ha”
Can you say
MONOPOLY?
Sorry for the caps, just left flummoxed by the happenings.
Thank you Beat of Hawai’i.
You’re the cats meow 🌺😅
Hi Pam.
Interesting for sure and it won’t be the last of these deals. Have a great weekend.
Aloha.
Hi Pam, I agree with you. Monopoly???? How do they get away with all of it??
It sounds to me like Meredith (a publishing company) sold “Travel + Leisure” (magazine) to Wyndham Destinations (a timeshare company) for $100 million because Meredith needed to convert an asset (the T + L magazine) into cash to continue to run its other struggling legacy magazine assets.
Meanwhile Wyndham Destinations found the marketplace confusing their compny with another completely different company sharing the same brand (Wyndham hotels) and wanted to differentiate itself through a re-branding move. Wyndham Destinations decided to pay $100 million for the T + L brand but, because Wyndham Destinations does not know how to operate a magazine, they contracted for 30 years with Meredith to continue to do what Meredith knows how to do: operate a magazine named “Travel + Leisure magazine” for the newly named “Travel + Leisure Co.”
Problems solved for both parties – Meredith has cash going forward, while the former Wyndham Destinations has a well-respected brand as their company name going forward.
Will definitely be canceling my subscription. I have enjoyed travel and Leisure magazine for years. I definitely have no interest in paying for an advertising vehicle for Wyndham time share.
Wyndham also owns RCI, the largest Timeshare Exchange company in the world. It makes sense for them to also own a travel magazine as well. We own two timeshares and use the RCI Network for exchanges when not going to our home resorts.