Hyatt to acquire Playa Hotels for $2.6 billion
Travel Weekly · 9h
Hyatt agrees $2.6bn deal for all-inclusive resorts company
Hyatt is taking over all-inclusive company Playa Hotels & Resorts for $2.6 billion. Playa operates 24 resorts in Mexico, Jamaica and the Dominican Republic representing more than 9,000 rooms under multiple brands. The US hotel group also plans to realise $2 billion from asset sales over two years.
Dominican Today · 1d
Hyatt’s bold acquisition of Playa Hotels & Resorts heralds a new era for Caribbean luxury travel
Santo Domingo.- Hyatt is set to usher in a new era of luxury travel in the Caribbean with its recent announcement to acquire Playa Hotels & Resorts N.V. in a high-profile all-cash transaction. This strategic move will reshape the all-inclusive resort segment across key destinations,
Bisnow · 3d
Hyatt To Expand All-Inclusive Portfolio With $2.6B Acquisition Of Playa Hotels & Resorts
Hyatt Hotels Corp. will acquire Playa Hotels & Resorts, an owner and operator of all-inclusive Caribbean lodging real estate, for $2.6B. Hyatt, which already owned 9.4% of Playa, agreed to pay $13.50 per outstanding share, the hotel chain announced Monday.
Hospitality giant Hyatt will soon acquire Playa Hotels & Resorts for about $2.6 billion, the corporation announced on Monday.
The hotel company is adding to its all-inclusive resort portfolio with Playa’s 24 properties, with plans to flip the assets ...
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