While brick-and-mortar travel companies lost ground to OTAs, some shoppers nonetheless prefer face-to-face support when reserving trips. As properly as analyzing the state of such companies, this market additionally looks at the online presence of travel agencies and tour operators. In early 2021, Wyndham Destinations will change its name to Travel + Leisure Co. and can broaden its portfolio through numerous branded merchandise and offerings. The new firm will encourage travelers with Travel + Leisure’s skilled multi-platform content to grow its membership travel membership companies, launch new branded travel companies, and increase brand licensing agreements underneath its Travel + Leisure Group. On Feb. 17, 2021, our parent company was renamed Travel + Leisure Co. and made its debut because the world’s leading membership and leisure travel company, with a portfolio of almost 20 resort, travel membership, and life-style travel manufacturers.
- The leisure travel trade is the travel industry for the