Published 12 times a year, it has 4.8 million readers, according to its corporate media kit.

The magazine specializes in leisure travel and often features articles written by novelists, poets, artists, designers, and non-travel journalists.

Its World's Best Awards, an annual reader survey rating airports, cities, cruise ships, hotels, and islands, have been announced every August since 1995.

Travel + Leisure magazine was purchased from American Express Publishing by Time Inc. (which would later be acquired by Meredith Corporation) on October 1, 2013.

The Travel + Leisure magazine is published independently by Dotdash Meredith under a long-term license agreement.