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On Feb. 17, 2021, our father or mother company was renamed Travel + Leisure Co. and made its debut as the world’s leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and life-style travel manufacturers. The firm’s reportable segments are Vacation Ownership and Vacation Exchange section. The Vacation Ownership segment develops, markets and sells vacation possession interests to individual consumers and supplies consumer financing in connection with the sale of VOIs and provides property management providers at resorts. The Vacation Exchange segment offers vacation change companies and products to owners of VOIs and manages and markets trip rental properties on behalf of independent house owners. The firm generates a majority of its income from the Vacation Ownership enterprise phase.
- Recreational actions are supposed specifically for the therapy provided for the physical, mental, and emotional states of the mind and physique.
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