- Business
- Travel + Leisure Co. operates as a leading membership and leisure travel company, providing hospitality services and travel products globally through two primary business segments: Vacation Ownership and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) via an extensive portfolio of over 270 resorts worldwide under prominent vacation club brands including Club Wyndham®, Margaritaville Vacation Club®, Accor Vacation Club®, and Sports Illustrated Resorts®. This segment also provides consumer financing related to VOI sales and comprehensive property management services at its resorts. The Travel and Membership segment offers a broad spectrum of travel services encompassing vacation exchange through RCI®—a global vacation exchange network with over 3.5 million members; a subscription-based travel club known as Travel + Leisure GO; and direct-to-consumer travel products including airfare, hotel bookings, car rentals, cruises, and vacation packages, leveraging advanced travel technology platforms.
Founded initially through the 1992 establishment of Resort Condominiums International (RCI), the company evolved through a series of strategic transformations, notably the 2018 spinoff from Wyndham Hotels & Resorts to become Wyndham Destinations, Inc., and a 2021 rebranding to Travel + Leisure Co. following its acquisition of the Travel + Leisure brand. Headquartered in Orlando, Florida, Travel + Leisure Co. serves a diverse customer base of over 800,000 timeshare owners and facilitates more than six million vacations annually across its global resort network.
Recent major developments include the launch and expansion of high-profile brands such as Sports Illustrated Resorts, with new locations in Chicago and Nashville, and the extension of the Accor Vacation Club into the Asia market with the opening of a resort in Indonesia. The company has also optimized its portfolio by phasing out legacy resorts to reduce maintenance costs and enhance operational efficiency. Financially, Travel + Leisure Co. reported strong Q3 2025 results with revenue surpassing $1 billion, driven by a 10% increase in volume per guest within its vacation ownership segment. It raised full-year 2025 adjusted EBITDA guidance to a midpoint of $975 million and projects gross VOI sales of $2.45 to $2.50 billion. The company continues to emphasize a multi-brand strategy targeting diverse traveler demographics, including younger generations, through offerings like the Eddie Bauer Adventure Club and digital platforms such as the Club Wyndham app. It also maintains a disciplined capital structure highlighted by recent $500 million secured notes issuance and a completed long-term share repurchase program.
Overall, Travel + Leisure Co. positions itself as a comprehensive travel and leisure company with a diversified portfolio of membership-based vacation ownership, travel services, and resort management, supported by strategic brand partnerships and geographic expansion across North America, Asia, and Australasia. Its leadership team, led by President and CEO Michael D. Brown, focuses on innovation, customer experience enhancement, and sustainable growth in a competitive global travel market.