Travel + Leisure Frustrated by Sluggish Vacation Exchange Sales
Photo Caption: Exterior beach shot of the Wyndham Deerfield Beach Resort in Deerfield Beach, Florida. Source: Wyndham Hotels and Resorts.
Skift Take
The vacation exchange business is significant for Travel + Leisure. So the company is focused on reversing years of dwindling growth with marketing dollars and different inventory.
Travel+Leisure Group is focused on growing its vacation exchange — an underperforming part of its vacation ownership business — as revenues from the segment remained flat in the first quarter of this year.
The Travel and Membership segment, which includes vacation exchange brand RCI, saw a decrease in transactions. That trend was partly attributed to lower membership growth — with revenues totalin
