Leisure

Leisure Travel Has Made This Carrier The Hottest Airline On Wall Street

In the coming week, six airlines will issue fourth-quarter reports.  The smallest of them — the one that has the odd 4:30 p.m. EST Monday report time — is also the one that, so far this year, has been the industry’s best stock market performer.

Hawaiian Airlines shares are up 17% year-to-date as of Friday’s close. Second is Spirit, up 13%. Alaska and JetBlue are up 5%. Southwest is up 2%. Allegiant is up 1%. American and Delta shares are flat, and United is down 3%. The S&P 500 Stock Index is up 2%.

Hawaiian’s performance reflects the airline’s industry’s focus on leisure flying, a strategy forced by the lack of business travel during the coronavirus crisis. The carrier’s stock represents a pure play

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Belgium bans leisure travel for a month to combat pandemic

Belgium is banning all leisure travel abroad for its citizens as of next week and until March in an effort to contain the spread of COVID-19 and its virulent variants

BRUSSELS — Belgium is banning all leisure travel abroad for its citizens as of next week and until March, in an effort to contain the spread of COVID-19 and its virulent variants.

Prime Minister Alexander De Croo said Friday that “when people travel, the virus travels with them.”

He said visitors from Britain, South Africa and South America will have to quarantine for ten days to make sure they don’t bring dangerous variants into Belgium.

The move came one day after the 27 European Union leaders said that borders within the bloc needed to remain open to

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Wyndham Destinations, in Travel + Leisure Purchase, Looks Beyond Its Timeshares


Courtesy Wyndham Destinations

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Timeshare company

Wyndham Destinations

is getting set for a post-Covid world.

In a move to broaden its reach and change its brand, Wyndham Destinations (ticker: WYND) earlier this week agreed to a $100 million deal with

Meredith

(MDP) to buy Travel + Leisure, which operates an eponymous and well-regarded media platform and several travel clubs.

Wyndham Destinations next month will change its name to Travel + Leisure Co. and trade under the stock ticker TNL. However, the timeshare business, which will remain the company’s primary focus, will continue to operate under the Wyndham Destinations name.

“With the acquisition of Travel + Leisure, we begin to address the approximately 100 million households that travel outside of the timeshare space,” Michael Brown, CEO of Wyndham Destinations, told Barron’s in an interview Thursday.

Wyndham Destinations, based in Orlando, Fla., will make a $35 million payment to Meredith at

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Wyndham Destinations Acquires Travel + Leisure for $100 million

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Here’s hoping this story becomes highly relevant in the near future.

Wyndham Destinations, the vacation rentals and timeshare company, announced yesterday a deal to acquire the media brand Travel + Leisure from Meredith for $100 million.

A Match Made in Hawaii

Wyndham Destinations, which spun off from the Wyndham Hotel chain in 2018, operates 230 timeshare resorts around the globe.

Travel + Leisure, in addition to the well-known magazine, offers subscription travel services such as Travel + Leisure Family Club. 

Industrial Logic: Together, under the brand “Travel+ Leisure Co.,” management will look to use T+L’s content as a flywheel to drive new timeshare membership.

Historically, vacation clubs and timeshares have been unpopular with younger generations (the median age for timeshare owners is 51

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