Journey Information And Figures
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Journey + Leisure Acquired By Timeshare Company Wyndham Destinations
The acquisition is predicted to be neutral to earnings for the brand new Travel + Leisure Co. in Year One and accretive in Year Two. Editor in chief Jacqueline Gifford stated that she and the editorial employees remain Meredith employees and have been assured of complete editorial independence. Meredith will continue to supply and monetize the media assets underneath a renewable 30-yr, royalty-free lease and will deal with promoting and advertising, produce its associated print magazine and function its web site, podcasts and social media channels. Timeshare firm Wyndham Destinations, which spun off from Wyndham Hotels and Resorts in 2018, has acquired Travel + Leisure from Meredith Corp. for $100 million. The peninsula that forms … Read More
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