(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 press release
Tag Archives: BofA Securities
Host Hotels & Resorts Amends and Restates $2.5 Billion Credit Facility, Extends Maturities to 2028 and Adds Sustainability Incentives
BETHESDA, Md., 2023-Jan-06 — /Travel PR News/ — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), today (Jan. 04, 2023) announced that it amended and restated its existing $2.5 billion credit facility (the “Agreement”). The Agreement extends maturities from January 2025 to January 2028, including all extension options, and… Read the full press release
Airport Authority Hong Kong announces its inaugural Sustainable Finance Framework
HONG KONG, CHINA, 2022-Jan-05 — /Travel PR News/ — Airport Authority Hong Kong (AAHK) announces the publication of its inaugural Sustainable Finance Framework (SFF) and Second Party Opinion in relation to the Sustainable Finance Framework. AAHK’s SFF sets out how AAHK intends to enter into Sustainable Finance Transactions (SFTs) to fund expenditure on projects that… Read the full press release