(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
(IN SHORT) Hyatt Hotels Corporation confirmed that 101.9 million Playa Hotels & Resorts shares (82.8% of the outstanding total) were validly tendered by the June 9, 2025 deadline, together with Hyatt’s existing 12.1 million shares bringing total participation to 92.7%, thus meeting all conditions for its $13.50-per-share tender offer (≈$2.6 billion). The subsequent offer period… Read the full news article
(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
Announcement marks expansion in the all-inclusive space for world’s leading hospitality company MCLEAN, Va., 2018-Sep-18 — /Travel PR News/ — Hilton (NYSE: HLT) today (September 17, 2018) is announcing its strategic alliance with Playa Hotels & Resorts “Playa” (NASDAQ: PLYA), marking a landmark expansion of the hospitality company’s all-inclusive resort portfolio. During a reception at the soon-to-be… Read the full news article