Personally I actually have very sturdy feelings about the timeshare enterprise, however I recognize others really feel in a different way, so I won’t even get into that. But I just don’t get if Wyndham Destinations is one way or the other trying to go upmarket right here, or if Wyndham Destinations desires Travel + Leisure’s audience to go downmarket. The concept of corporations purchasing media businesses in their “house” is nothing new.
The $100 million deal is fascinating, to say the least, inasmuch because the 230 resort and 18 travel club proprietor will operate the iconic T+L media enterprise as an “enhancement” to its timeshare business. This is interesting and revolutionary if not considerably discomforting to ponder.
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