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

(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

Aspen Skiing Company and KSL Capital Partners Announce Acquisition of Intrawest Resorts

Aspen and Denver, Colorado, 2017-Apr-21 — /Travel PR News/ — Intrawest Resorts Holdings, Inc. (NYSE: SNOW), a leading North American mountain resort and adventure company, today announced that it has entered into a definitive agreement to be acquired by a newly-formed entity controlled by affiliates of the Aspen Skiing Company, L.L.C. (“Aspen”) and KSL Capital Partners,… Read the full news article

Aspen Skiing Company and KSL Capital Partners To Acquire Mammoth Resorts

Aspen and Denver, Colorado, 2017-Apr-19 — /Travel PR News/ — Mammoth Resorts, the owner of Mammoth Mountain Ski Area, Snow Summit, Bear Mountain and June Mountain, today (APRIL 12, 2017) announced that it has entered into a definitive agreement to be acquired by a newly formed entity controlled by affiliates of the Aspen Skiing Company,… Read the full news article

Hyatt to acquire wellness leader Miraval Group from an affiliate of KSL Capital Partners, LLC

Miraval to continue standalone operation of resorts and spas, while expanding unique brand of wellness experiences across Hyatt portfolio CHICAGO, 2017-Jan-20 — /Travel PR News/ — Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has acquired Miraval Group, the renowned provider of wellness and mindfulness experiences, from an affiliate of KSL Capital Partners, LLC…. Read the full news article