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Wednesday, November 4, 2009

Fairfax folds Travel + Leisure

Story by: Nikki MacLennan/www.adnews.com.au

SYDNEY: Fairfax Magazines will close Travel + Leisure Australia following its December issue, after four and a half years of publishing.

Fairfax said in a statement that the closure was due to the decision by American Express Australia to no longer distribute the magazine as a benefit to its platinum credit card holders in Australia and New Zealand.

Travel + Leisure Australia recorded circulation of 90,323 (including New Zealand) in the March 2009 CAB audit. It launched into Australia in 2005.

Travel + Leisure Australia was one of seven international editions of the title, which was aimed at “travellers, not tourists” and showcased travel writing and photography covering food, wine, fashion, art, architecture and driving, both in Australia and overseas.

Fairfax Magazines chief executive and publisher Lisa Hudson said: “We are very proud of the quality of Travel + Leisure Australia and it is with a sense of regret that we announce its closure.”

Fairfax said it was “working with staff in relation to their future”.

Fairfax Magazines also publishes Good Weekend, Sunday Life, the (sydney) magazine, Sport & Style and the age (melbourne) magazine.
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