Tag Archives: asset-light strategy

Minor Hotels Launches Colbert Collection Premium Soft Brand Focused on Culture Culinary Experiences and Independent Hospitality

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(IN SHORT) Minor Hotels has launched Colbert Collection, a new premium soft brand designed to unite independent hotels focused on cultural, culinary and experience-driven hospitality. Built around the principles of connection, place and taste, the brand allows properties to retain their individuality while benefiting from Minor Hotels’ global platform and expertise. As part of the… Read the full news article

Hyatt Moves to Fully Asset-Light Model with $2 Billion Playa Portfolio Deal and 50-Year Resort Contracts

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(IN SHORT) Hyatt Hotels Corp. has agreed to sell the $2 billion real estate portfolio it acquired from Playa Hotels & Resorts to Tortuga Resorts, retaining up to $143 million in earnouts and $200 million in preferred equity. The deal covers 15 all-inclusive resorts in Mexico, the Dominican Republic, and Jamaica. Hyatt will then enter… Read the full news article

Hyatt Expands All-Inclusive Portfolio with $2.6 Billion Acquisition of Playa Hotels & Resorts

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(IN SHORT) Hyatt Hotels Corporation has entered into a $2.6 billion agreement to acquire Playa Hotels & Resorts, a leading operator of all-inclusive resorts in Mexico, the Dominican Republic, and Jamaica. This acquisition, which includes approximately $900 million in debt, strengthens Hyatt’s position in the all-inclusive resort market, expanding its Hyatt Ziva and Hyatt Zilara… Read the full news article