ETFs for investors willing to bet on the travel sector

Travel + Leisure Worlds Best Awards

Wyndham Destinations, which operates hundreds of timeshare resorts, acquired Travel + Leisure magazine from media company Meredith Corp. for $100 million, The Wall Street Journal reported last night. Collectively, the company — which will change its name to Travel + Leisure Co. early this year — will now have resort, lifestyle and travel club brands. Meredith will continue to publish the magazine under a 30-year licensing agreement. Demand in the leisure travel industry is dependent upon personal income and the overall state of the economy. “As travel continues to rebound and people look … Read More

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