Tag Archives: BDT & MSD Partners

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