Playa Hotels & Sorts owns and operates all-inclusive resorts in Mexico, the Dominican Republic and Jamaica. Popular resorts ...
Written byHunter Robinson Hyatt Hotels Corporation has announced its plans to acquire Playa Hotels & Resorts, further strengthening its position in the all-inclusive resort market. The deal, valued ...
(Reuters) -Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, the company said on Monday, seeking to boost its presence in Mexico and the Caribbean. Interest in ...
Hyatt acquires Playa Hotels & Resorts for $2.6 billion, expanding its all-inclusive resort portfolio in the Caribbean and Mexico. The deal includes plans to sell real estate assets by 2027 ...
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This also adds to Hyatt's strategic positioning in the Mexico and Caribbean leisure markets following its 2021 acquisition of Apple Leisure Group, which provides travel and resort management ...
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 ...
Hyatt is gaining additional operational expertise in the all-inclusive space and instant scale in resort hotspots in the Caribbean and Mexico, where development opportunities are limited.