Travel + Leisure Co. is an American timeshare company headquartered in Orlando, Florida. It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham and WorldMark by Wyndham, and provides timeshare exchange services, primarily through RCI.
The company operates three business lines: Wyndham Destinations, the world's largest vacation ownership business; Panorama, operating vacation exchange, membership travel, and travel technology businesses; and Travel + Leisure Group, offering consumer travel products, including online and subscription travel services and product licensing.
Wyndham Worldwide was formed as a spin-off from Cendant Corporation in 2006, with ownership of Cendant's hotel and timeshare businesses. In 2018, Wyndham Worldwide spun off its hotel division as Wyndham Hotels & Resorts and changed its own name to Wyndham Destinations and then to Travel + Leisure in 2021 following the acquisition of the brand from Meredith Corp. The Travel + Leisure magazine is published independently by Meredith Corp. under a long-term license agreement.