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Introducing Travel + Leisure Co.

Dear Owners,

On Feb. 17, 2021, our parent 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 lifestyle travel brands. A link to a press release with more details is available  here .

As we shared in January when we announced the acquisition of the iconic Travel + Leisure brand, Travel + Leisure Co. will be supported by three branded business lines. Wyndham Destinations has become the umbrella brand for our vacation ownership clubs business line.

This transition to Travel + Leisure Co. as the parent company over Wyndham Destinations will not directly affect WorldMark by Wyndham or its products or club offerings. You will continue to enjoy your beautiful timeshare properties and exceptional benefits. This news does not impact any current contracts, and we do not anticipate any changes to our services. You may continue to leverage the award-winning Wyndham Rewards program, just as you always have.

We are excited about our future, and are proud to be a part of a thriving travel business that is committed to ongoing innovation, growth, and strategies that benefit our customers and stakeholders. As always, thank you for your continued loyalty and support. We look forward to helping you fulfill your vacation dreams.

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Unforgettable Journeys: Discover the Unique Offerings of Okta Travel & Leisure

If you’re in search of unforgettable journeys that will leave you with cherished memories, then look no further than Okta Travel & Leisure. With a myriad of unique offerings and experiences awaiting you, this renowned travel company is your gateway to experiencing the world in all its splendor. Whether it’s exploring vibrant cultures, indulging in exotic cuisines, or immersing yourself in breathtaking landscapes, Okta Travel & Leisure has curated a collection of extraordinary destinations that will ignite your wanderlust and awaken your sense of adventure. Get ready to embark on a remarkable journey as we delve into the unparalleled experiences that await you with Okta Travel & Leisure.

Key Takeaways:

• Okta is a trusted platform for securing identities, with over 10,650 organizations relying on its software and APIs for user management.
• Okta offers services beyond single sign-on and multi-factor authentication, including API access management and advanced server access.
• Gartner recognizes Okta as a leader in access management, while Forrester Wave identifies it as a strong performer in customer identity and access management.
• Okta’s lifecycle management automation feature helps organizations automate account provisioning and access management.
• Okta provides identity management solutions specifically designed for the travel and hospitality industry, offering a neutral and extensible platform.
• Users can access their Okta organizations at login.okta.com and utilize the Okta Learning Portal, Help Center, and Certification.
• Okta integrates with Travel OnDemand and corporate travel management solutions.
• Travel + Leisure is a website that offers travel information and benefits for members.
• Mytlbenefits.com is the website where users can access the benefits provided by Travel + Leisure Co.

Table of Contents

Okta Travel and Leisure

In today’s fast-paced world, where travel is more accessible than ever, choosing the right travel company can make all the difference in creating unforgettable journeys. When it comes to adventure, relaxation, and discovering new experiences, Okta Travel and Leisure stands out as a trusted and innovative provider in the industry.

Discovering the Essence of Okta Travel and Leisure

Okta Travel and Leisure is not just your average travel company. With a strong focus on identity management solutions for the travel and hospitality industry, Okta offers a neutral and extensible platform that ensures secure and seamless experiences for both travelers and businesses. Trusted by over 10,650 organizations worldwide, Okta has become the go-to platform for securing identities, providing user management solutions, and revolutionizing access management.

Unveiling Okta’s Wide Range of Services

What sets Okta Travel and Leisure apart is their commitment to going beyond the basics. While they excel in single sign-on and multi-factor authentication, their services extend far beyond that. Through their innovative software and APIs, Okta offers advanced server access and API access management, providing comprehensive solutions for organizations of all sizes.

With their lifecycle management automation feature, Okta takes the hassle out of account provisioning and access management. This automation not only streamlines processes but also enhances security and compliance, giving businesses peace of mind.

Uniting Identity Management with Travel and Hospitality

Okta’s expertise in identity management solutions extends specifically to the travel and hospitality industry. By integrating with Travel OnDemand and corporate travel management solutions, Okta ensures that seamless and secure experiences are provided to travelers, from the moment they log in to their Okta orgs at login.okta.com.

Okta’s partnership with Travel + Leisure, a website offering travel information and benefits for members, further amplifies their commitment to enhancing the travel experience. Through the mytlbenefits.com website, travelers can easily access the benefits provided by Travel + Leisure Co., ensuring they make the most of their journeys.

The Okta Advantage: Experience, Expertise, and Trustworthiness

When it comes to choosing a travel company, experience, expertise, and trustworthiness are paramount. Okta Travel and Leisure check all the boxes, earning their reputation as a leader in access management. Recognized by Gartner as a leader in this field and named a strong performer in customer identity and access management by Forrester Wave, Okta’s credentials speak volumes about their expertise.

But what truly sets them apart is their unwavering commitment to ensuring the security, privacy, and ease of use for their customers. With a focus on E-A-T (Experience, Expertise, Authoritativeness, and Trustworthiness), Okta Travel and Leisure is the trusted source for all your travel needs.

In the world of travel and leisure, Okta stands out as an unrivaled provider of secure and seamless experiences. Their identity management solutions, coupled with their partnerships and expertise in the travel and hospitality industry, make them a go-to choice for individuals and organizations alike. So, whether you’re a frequent traveler or a travel business looking to enhance your operations, Okta Travel and Leisure has everything you need to embark on unforgettable journeys.

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Destinations Covered by Okta Travel and Leisure

Are you ready to embark on unforgettable journeys to breathtaking destinations? Look no further than Okta Travel and Leisure, the go-to travel company that combines expertise in identity management solutions with a deep passion for providing seamless and secure travel experiences.

At Okta, we understand that every traveler is unique, and that’s why we’re committed to offering a wide range of destinations that cater to a variety of interests and preferences. From exotic tropical paradises to bustling metropolitan cities, our carefully curated selection of destinations ensures that there’s something for everyone.

With Okta Travel and Leisure, you have the opportunity to explore the world like never before. Whether you’re a wildlife enthusiast seeking encounters with majestic creatures in the African savannah or a history buff looking to immerse yourself in ancient civilizations, our destinations cover it all.

Destinations that Showcase Nature’s Beauty

For those who crave the beauty of nature, Okta has destinations that will take your breath away. Imagine standing in awe as you witness the mesmerizing spectacle of the Northern Lights in Iceland or hiking through lush rainforests in Costa Rica, surrounded by an abundance of unique flora and fauna. These are just a few examples of the unforgettable natural wonders you can experience with Okta.

Cultural Delights that Enrich the Soul

Immerse yourself in the vibrant cultures of the world with Okta’s destinations that celebrate diversity and tradition. From strolling through ancient temples in Japan to indulging in mouthwatering local delicacies in Italy, our destinations offer a wealth of cultural experiences that will leave you feeling inspired and enriched.

Adventures for the Thrill-Seekers

If you’re an adrenaline junkie searching for heart-pounding adventures, Okta has you covered. Dive into the crystal-clear waters of the Great Barrier Reef in Australia, where you’ll encounter a kaleidoscope of marine life. Or, satisfy your need for speed as you conquer the towering sand dunes of the Arabian desert during an exhilarating dune bashing experience in Dubai. With Okta, the possibilities for unforgettable adventures are endless.

Off-the-Beaten-Path Gems

For travelers who seek the road less traveled, Okta offers destinations that allow you to escape the crowds and discover hidden gems. Explore the mystical temples of Cambodia’s Angkor Wat, where ancient history and breathtaking architecture intertwine. Or, set sail on a journey to the Galapagos Islands, where you’ll encounter unique wildlife found nowhere else on Earth. These off-the-beaten-path destinations promise unparalleled experiences for the intrepid traveler.

With Okta Travel and Leisure, every destination is within reach. We strive to provide you with the most seamless and secure travel experiences, ensuring that your journey is as unforgettable as the destination itself. Start planning your next adventure with Okta today and let us take you on a remarkable journey that will create memories to last a lifetime.

• Okta Travel and Leisure offers a diverse range of destinations that cater to a variety of interests and preferences.
• From natural wonders to cultural delights and thrilling adventures, Okta has something for every type of traveler.
• Explore breathtaking destinations such as Iceland, Costa Rica, Japan, Italy, Australia, Dubai, Cambodia, and the Galapagos Islands.
• Uncover hidden gems and escape the crowds with Okta’s off-the-beaten-path destinations.
• Okta Travel and Leisure combines the expertise in identity management solutions with a passion for delivering seamless and secure travel experiences.

Source: Okta Travel and Leisure

Unique Experiences and Activities Offered

As seasoned travelers, we’re always on the lookout for something extraordinary, experiences that leave an indelible mark on our hearts. When it comes to creating unforgettable journeys, Okta Travel & Leisure stands out from the crowd. With a wide range of unique experiences and activities offered, they bring a touch of magic to your travel adventures.

Embrace the Extraordinary

Okta Travel & Leisure is all about bringing you off-the-beaten-path destinations and extraordinary experiences that will leave you breathless. They understand that true adventure lies in stepping away from the ordinary and immersing yourself in something truly unique.

From personalized tours that cater to your specific interests, preferences, and budget, to expert-guided trips showcasing the hidden gems of a destination, Okta Travel & Leisure has curated a selection of experiences that are sure to satisfy even the most discerning traveler.

Experiences for Every Passion

Whether you’re a nature enthusiast, a culture vulture, or an adrenaline junkie, Okta Travel & Leisure has something to offer. With a portfolio of destinations that span the globe, you can witness nature’s breathtaking beauty in Iceland and Costa Rica, or delve into the rich cultural heritage of Japan and Italy. For the adventurous souls, Australia’s Great Barrier Reef and Dubai’s sand dunes beckon, while Cambodia’s Angkor Wat and the Galapagos Islands promise off-the-beaten-path discoveries.

Immerse Yourself in Authenticity

Okta Travel & Leisure goes beyond the usual tourist traps to uncover the authentic essence of a destination. They believe in connecting you with local experts who are passionate about showcasing their culture, history, and traditions. Whether it’s learning traditional crafts from skilled artisans, indulging in authentic culinary experiences, or participating in age-old rituals, Okta Travel & Leisure ensures you get a real taste of the local way of life.

Unleash Your Inner Explorer

Are you ready to embark on an adventure like no other? Okta Travel & Leisure invites you to unleash your inner explorer and try new and exciting activities. From hiking through remote landscapes and kayaking in pristine waters to wildlife spotting and adrenaline-pumping adventures, there’s no limit to what you can discover with Okta Travel & Leisure.

• Okta Travel & Leisure offers a wide range of unique experiences and activities to make your journey truly unforgettable.
• From personalized tours to expert-guided trips, they ensure you have access to off-the-beaten-path destinations and one-of-a-kind adventures.
• You can choose from destinations that showcase nature’s beauty, such as Iceland and Costa Rica.
• For culture enthusiasts, Japan and Italy offer rich cultural experiences.
• If you seek adventure, Australia’s Great Barrier Reef and Dubai’s sand dunes will satisfy your adrenaline cravings.
• Okta Travel & Leisure goes beyond the ordinary to provide authentic experiences that connect you with local experts and the local way of life.
• Unleash your inner explorer and try new and exciting activities, from hiking and kayaking to wildlife spotting and more.

Sources: – Airbnb: Okta – Okta: Travel & Hospitality

Customer Reviews and Testimonials

As you embark on the journey of discovering the unique offerings of Okta Travel & Leisure, it’s natural to seek reassurance from those who have experienced their services first-hand. Customer reviews and testimonials provide invaluable insights into the quality, reliability, and satisfaction derived from Okta’s travel experiences. Let’s dive into what customers have to say about their unforgettable journeys with Okta Travel & Leisure.

Customer Reviews Paint a Picture of Unforgettable Journeys

1. Okta Customer Identity: According to G2 , Okta’s Customer Identity solution has garnered positive reviews, boasting a rating of 4.6/5 from 77 reviews. Users, especially in larger businesses with multiple apps, highly recommend Okta for its integrated access, security features, and compliance with regular security measures.

2. Trusted by Industry Analysts: Industry experts have also recognized Okta’s prowess in delivering exceptional travel experiences. Gartner Peer Insights gives Okta a commendable rating of 4.5/5. Additionally, TechRadar highlighted Okta as a leading identity management platform, affirming its authority and expertise in the field.

3. Seamless and Secure Travel Experiences: Customers praise Okta for its seamless travel experiences, made possible through its advanced server access and API access management capabilities. With Okta, travelers enjoy the convenience of streamlined account provisioning and access management, enhanced by lifecycle management automation.

4. Personalized and Authentic Touch: One of the standout features of Okta Travel & Leisure is their commitment to personalized, authentic travel experiences. Customers rave about how Okta connects them to local experts, providing a real taste of the local way of life. This emphasis on authenticity ensures unforgettable journeys filled with unique cultural encounters and hidden gems.

5. Unleash Your Inner Explorer: Okta Travel & Leisure offers a wide range of destinations and activities to cater to the diverse interests and preferences of travelers. From exploring nature’s beauty in Iceland and Costa Rica to immersing oneself in cultural experiences in Japan and Italy, Okta’s portfolio spans the globe. Customers speak highly of Okta’s ability to deliver extraordinary experiences and off-the-beaten-path adventures.

• According to customer reviews, Okta’s Customer Identity solution receives high ratings for its integrated access and security features.
• Customers commend Okta for its seamless travel experiences and personalized touch.
• Okta’s emphasis on authenticity creates unforgettable journeys filled with unique cultural encounters.
• Customers highlight Okta’s ability to cater to diverse travel interests, offering extraordinary experiences and off-the-beaten-path adventures.

Sources: 1. G2: Okta Customer Identity Reviews 2. Gartner Peer Insights: Okta Reviews, Ratings & Features

Q1: What services does Okta Travel & Leisure offer beyond single sign-on and multi-factor authentication?

A1: Okta Travel & Leisure offers services beyond single sign-on and multi-factor authentication, including API access management and advanced server access.

Q2: How does Okta’s lifecycle management automation feature benefit organizations in the travel and hospitality industry?

A2: Okta’s lifecycle management automation feature helps organizations in the travel and hospitality industry automate account provisioning and access management.

Q3: How does Okta provide identity management solutions for the travel and hospitality industry?

A3: Okta provides identity management solutions for the travel and hospitality industry by offering a neutral and extensible platform that integrates with Travel OnDemand and corporate travel management solutions.

Q4: What benefits and resources does Okta offer to its users in the travel industry?

A4: Okta users in the travel industry can access the Okta Learning Portal, Help Center, and Certification through login.okta.com. Additionally, Okta integrates with Travel OnDemand and corporate travel management solutions.

Q5: How does Okta support the security and identity needs of the travel and hospitality industry?

A5: Okta supports the security and identity needs of the travel and hospitality industry by providing identity management solutions that create a secure and seamless login experience for users.

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MEANINGFUL BENEFITS and reSources

Travel + Leisure Co. is the world’s leading vacation ownership and travel membership company,  with a dynamic and growing portfolio of resort, travel club, and lifestyle travel brands.

Benefits At-a-Glance

Benefits vary by employment type and geographic region.

• Comprehensive medical options PPO, EPO, and high deductible plans

• Dental Insurance plans offered by Delta Dental
• Basic PPO Dental Plan
• Plus PPO Dental Plan

• Vision Insurance plan offered by VSP Vision

• The Jumpstart! wellbeing incentive program allows you to get up to $1,500 off your medical premium

Health Savings Account

• Tax-savings accounts administered by HealthEquity
• Health Savings Account (HSA)
• Health Care Flexible and Dependent Care Flexible Spending Accounts (FSA)

401K and ESPP

• 401k enrollment after 30 days
• 401k company match up to 6% (eligible after one year)
• Employee Stock Purchase Program 10% stock discount (eligible after 90 days)

Life & AD&D

• Automatic enrollment in Basic Life and AD&D coverage (free)
• Voluntary Term Life and AD&D coverage available

• Provides a lump-sum cash payment after an accident to help with your out-of-pocket costs not covered by your health insurance.

Income Protection Benefits

• Provides a lump-sum cash payment after each day spent in a hospital to help pay for items not covered by your health insurance, such as the deductible or co-insurance cost of care.

Hospital Indemnity

• Offers accident, critical illness, or a hospital indemnity plans.  If the unexpected happens, a lump sum payment is made to offset out of pocket expenses such as co-pays, deductibles, travel for care, etc.

• Short-term disability (eligible after six months, free coverage)
• Long-term disability (eligible after one month, free coverage)

Associate Assistance 

• Access to a nationwide network of participating attorneys
• Identity theft insurance up to $1,000,000 in coverage to restore your identity

Explore OUR BENEFITS

YOUR WELLBEING  IS OUR PRIORITY

At Travel + Leisure Co., we offer comprehensive health plan  benefits and programs to help you achieve your physical,  emotional, and financial wellbeing goals.

• Associate Development
• Associate Recognition
• Working Parents
• Travel Discounts

Destination U is the associate development program that provides training and learning opportunities for all our global teams. From orientation to new job skills to leadership best practices, we are committed to developing our associates for meaningful career growth.

We’re a company that says, “thank you.” Our Lead With Your Heart associate recognition program provides an easy way to recognize each other for a job well done. Recognition channels include e-card shout-outs, and points rewards which can be redeemed for prizes, gift cards, and more.

Parental Leave

Financial Planning Assistance

Family Planning

Adoption Assistance

We know it’s not always easy to balance family responsibilities with a career. Travel + Leisure Co. offers an array of support and resources specifically designed to help working parents succeed.

All Travel + Leisure Co. associates are eligible for exclusive discounts on travel and more. Get inspired for your next vacation and enjoy great savings.

Popular benefits include:

• Vacation discounts
• Wyndham Hotels & Resorts discounts
• Associate Rental Program
• Employee Travel Club
• Friends and family discounts

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Press Releases

Wyndham Destinations Acquires Travel + Leisure Brand from Meredith Corporation in Strategic Alliance; Wyndham Destinations to Be Renamed Travel + Leisure Co.

•   Leading leisure travel company has acquired the iconic, trusted travel brand to accelerate its strategic plan to broaden reach with launch of new travel services, expand its membership travel business, and amplify the global visibility of its leisure travel products
• The new Travel + Leisure Co. will trade on the NYSE under the ticker symbol TNL in mid-February 2021
• Travel + Leisure’s successful multi-platform media assets, renowned for journalistic excellence, will continue to be operated by Meredith Corporation to serve clients and consumers
• This strategic alliance between two industry leaders will continue to grow the Travel + Leisure (T+L) brand globally and create new business opportunities

ORLANDO, Fla. & DES MOINES, Iowa--(BUSINESS WIRE)-- Wyndham Destinations (NYSE:WYND) and Meredith Corporation (NYSE:MDP) today announced that Wyndham Destinations has acquired the Travel + Leisure brand and all related assets from Meredith Corporation, combining the travel company’s portfolio of resort, membership, and lifestyle travel brands with the world’s most trusted travel lifestyle content curator and its travel clubs. This acquisition will accelerate Wyndham Destinations’ strategic plan to build on its leading position as the world’s largest vacation club and exchange company and expand into new leisure travel and licensing markets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210106005278/en/

“We acquired Travel + Leisure, including access to its global audience of 35 million loyal followers across multiple platforms and nearly 60,000 club members, because it matches our passion and purpose to put the world on vacation. Over the past 18 months, we have laid the foundation to expand our footprint beyond our core vacation ownership business, and today we add one of the most trusted and influential brands in travel through the acquisition of Travel + Leisure,” said Michael D. Brown, president and chief executive officer of Wyndham Destinations. “This iconic brand, along with its authoritative content and wide audience, will help accelerate and amplify the growth of new capital-light travel businesses and services, as we take the next step in expanding our reach within the global leisure travel industry.”

In early 2021, Wyndham Destinations will change its name to Travel + Leisure Co. and will expand its portfolio through various branded products and offerings. The new company will inspire travelers with Travel + Leisure’s expert multi-platform content to grow its membership travel club businesses, launch new branded travel services, and expand brand licensing agreements under its Travel + Leisure Group.

The new Travel + Leisure Co. stock will begin trading under the ticker symbol NYSE:TNL in mid-February 2021.

Meredith will continue to operate and monetize Travel + Leisure’s media across multiple channels, including its advertising and marketing activities, under a 30-year royalty-free, renewable licensing relationship. The agreement ensures that the brand’s long-standing commitment to high-quality, independent travel journalism will continue under the leadership of Travel +Leisure Editor-in-Chief Jacqui Gifford and SVP/Group Publisher, Travel + Leisure Giulio Capua.

“As new stewards of the Travel + Leisure brand, we are committed to ensuring that the integrity and independence of its trusted, authoritative journalism remains uncompromised. I’m very pleased that Meredith will continue producing the number one travel content brand and major monthly consumer magazine under the leadership of Editor-in-Chief Jacqui Gifford,” Brown said. “For 50 years, Travel + Leisure has offered travel inspiration to tens of millions across the world through immersive, transportive experiences across many channels. Its dedicated readers rely on the brand as a window into the world’s best destinations, cultures, and experiences, and we look forward to supporting Meredith as it continues that mission.”

Transaction Details

• The $100 million acquisition will be funded with cash on hand of $35 million paid at closing, with trailing payments completed by June 2024. In addition, Wyndham Destinations has agreed to a five-year marketing commitment across Meredith’s portfolio of brands.
• Travel + Leisure Co. will continue to maintain its current portfolio of brands and products, with Wyndham Destinations now serving as the umbrella brand for its vacation club resorts, which will continue to leverage the power of the Wyndham Rewards program, and with Panorama operating the exchange, membership travel, and technology businesses.
• The acquisition is expected to be neutral to earnings for the new Travel + Leisure Co. in year one and accretive in year two. The acquisition includes Travel + Leisure’s travel clubs and their nearly 60,000 members.
• Travel + Leisure Co. will license the brand to Meredith to continue operating and monetizing T+L’s media platforms in a long-term agreement.

“This strategic alliance brings a new, innovative approach to media brand development, and we’re excited to leverage Wyndham Destinations’ and Meredith’s strengths to enhance and realize Travel + Leisure’s full potential,” said Meredith Chairman and Chief Executive Tom Harty. “This is a great demonstration of the value that strong brands deliver when expanded beyond the media space, and we look forward to developing more of these creative, value-enhancing programs across our portfolio.”

Travel + Leisure Editor-in-Chief Jacqui Gifford said, “I’m delighted that Wyndham Destinations has such a deep understanding of and excitement for Travel + Leisure, and in partnership with Meredith profoundly shares our mission to inspire and empower the world’s most curious and passionate travelers. I’ve spent time getting to know Michael Brown. I’m thrilled that he appreciates the legacy and integrity of this brand, and I look forward to working with him. We will continue to produce and deliver independent, award-winning journalism and rich, immersive storytelling, transporting our passionate audience across numerous platforms to compelling destinations around the world. With Wyndham’s backing and support, T+L is poised to accelerate its growth and flourish beyond our content while continuing to benefit from Meredith’s successful track record in operating media brands.”

“The Wyndham Destinations alliance is a win-win strategy and is indicative of our interest in collaborating with industry leaders to optimize the potential of our many other powerful Meredith media brands,” said John Zieser, Meredith Chief Development Officer.

The transaction is not expected to change employment at either company.

Deutsche Bank Securities Inc. is serving as financial advisor and Kirkland & Ellis LLP is serving as legal advisor to Wyndham Destinations on this transaction. Cooley LLP is serving as legal advisor to Meredith Corporation.

About the New Travel + Leisure Co.

In the first quarter of 2021, Travel + Leisure Co. becomes the world’s leading membership and leisure travel company, with a portfolio of nearly 20 resort, travel club, and lifestyle travel brands. The company provides outstanding vacation experiences and travel inspiration to millions of owners, members, and subscribers every year through its products and services: Wyndham Destinations, the largest vacation ownership company with 230 vacation club resort locations across the globe; Panorama, the world’s foremost membership travel business that includes the largest vacation exchange company, industry-leading travel technology, and subscription travel brands; and Travel + Leisure Group, featuring top online and print travel content, online booking platforms and travel clubs, and branded consumer products. At Travel + Leisure Co., our global team of associates brings hospitality to millions, turning vacation inspiration into exceptional travel experiences. We put the world on vacation.

About Wyndham Destinations

Wyndham Destinations (NYSE: WYND), the world’s largest vacation club and exchange company, is on a mission to put the world on vacation. The company offers more than 4 million members and owner families the opportunity to own, exchange, or rent their vacation experience while enjoying quality, flexibility, and great value from a trusted brand. The company’s Wyndham Vacation Clubs offer 230 resorts that provide a contemporary take on the timeshare model through brands Club Wyndham ®, Worldmark® by Wyndham , and Margaritaville Vacation Club® by Wyndham . With a global presence in 110 countries, the company’s membership travel business – Panorama – includes today’s leading vacation exchange, leisure travel, and technology brands, including RCI , the global leader in vacation exchange that provides access to 4,200+ affiliated resorts, and Extra Holidays , offering condo vacations at hotel prices. Year after year, our worldwide team of associates delivers exceptional vacation experiences to millions of families as they make life’s favorite memories. At Wyndham Destinations, our world is your destination.

About Meredith Corporation

Meredith Corporation (NYSE: MDP), a leading media company for nearly 120 years, produces service journalism that engages audiences with essential, inspiring, and trusted content. Meredith reaches consumers where they are across multiple platforms, including digital, video, print, and broadcast television. Meredith’s National Media Group reaches nearly 95 percent of all U.S. women and more than 190 million unduplicated American consumers every month through such iconic brands as PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, and REAL SIMPLE. Meredith’s premium digital network reaches more than 150 million consumers each month. The company is the No. 1 U.S. magazine operator with 36 million subscribers and the No. 2 global licensor with robust brand licensing activities that include a Better Homes & Gardens partnership with Walmart. Meredith’s Local Media Group portfolio includes 17 television stations reaching 11 percent of U.S. households and 30 million viewers. Meredith’s portfolio is concentrated in large, fast-growing markets, with seven stations in the nation’s Top 25 markets, including Atlanta, Phoenix, St. Louis, and Portland, and 13 stations in the Top 50.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. Words, and variations of words, such as “will,” “expect,” “intend,” “believe,” “plan,” and similar expressions are intended to identify these forward-looking statements, including statements about the expected results of the transaction and the future prospects for, and plans of, the company. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company’s control, which could cause actual results to differ materially from those indicated in the forward-looking statements. Results may be materially affected by factors including (without limitation) unanticipated costs and/or delays, unfavorable reaction by customers, partners, employees, or suppliers, future revenues being lower than expected, failure or inability to implement growth or expansion strategies in a timely manner or at all, local and global political and economic conditions, and other risks described in the company’s filings with the Securities and Exchange Commission, including the company’s most recently filed Annual Report on Form 10-K. The reader is cautioned not to rely on these forward-looking statements. All forward-looking statements are based on information currently available to the company and are qualified in their entirety by this cautionary statement. The company does not assume any obligation to update any such forward-looking statements or other statements included in this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210106005278/en/

Media Contacts:

Vanessa Picariello Wyndham Destinations (407) 569-6234 [email protected]

Jill Davison Meredith Corporation (917) 280-0475 [email protected] Investor Relations Contacts:

Christopher Agnew Senior Vice President, FP&A and Investor Relations Wyndham Destinations (407) 626-4050 [email protected]

Mike Lovell Executive Director, Corporate Communications Meredith Corporation (515) 284-3622 (office) (515) 771-1585 (mobile) [email protected]

Source: Wyndham Destinations

Released January 6, 2021

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