Since debuting in 1989 as a quarterly publication, the journal has grown and advanced into the authoritative voice of the dynamic $16.four billion hotel industry. “Our marketing groups are using localized and customized advertising methods that utilizes our direct travels to assist capture extra leisure as nicely as bleisure travel because the lines between work and residential blur,” Capuano said on the company ‘s first quarter earnings name Monday. And the pandemic has been an unimaginable hardship for both the travel and media industries. Skift reported that Meredith Corp. posted a $289 million loss in the third quarter of 2020. But even with trip club income down 44% year-over-year during the same quarter, Wyndham Destinations nonetheless reported a $40 million revenue throughout its operations. One of the world’s most iconic travel brands has been purchased by a timeshare firm.
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