(Reuters) -Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, the company said on Monday, ...
Hospitality giant Hyatt will soon acquire Playa Hotels & Resorts for about $2.6 billion, the corporation announced on Monday.
Hyatt said it would acquire all-inclusive Playa Hotels & Resorts for $2.6 billion to gain Latin American resorts.
The hotel company is adding to its all-inclusive resort portfolio with Playa’s 24 properties, with plans to flip the assets ...
Hyatt already holds a 9.4% stake in Playa and offered to pay the hotel group $13.50 per share for the purchase.
The acquisition follows rising interest in upscale and luxury offerings outside the U.S. as more Americans take advantage of ...
Hyatt Hotels announced a deal to acquire the remainder of Playa Hotels stock that it didn't already own. Learn about my views ...
Hyatt Hotels Corp. reported a rebound in all-inclusive resorts during the fourth quarter of 2024, with all-inclusive net ...
The deal expands the Chicago-based hotel operator's reach into the all-inclusive resort market in countries including Mexico ...
Playa operates 24 high-end, all-inclusive resorts across Mexico, Jamaica and the Dominican Republic. Hyatt has offered $13.50 per Playa share held, representing a 40.5% premium to the stock's ...