The deal expands the Chicago-based hotel operator's reach into the all-inclusive resort market in countries including Mexico ...

The acquisition includes plans to sell select real estate assets by 2027 while retaining management contracts, supporting Hyatt's strategy to remain asset-light. This move is part of a broader ...

Hyatt said it would identify third-party buyers for Playa's owned properties and expects to gain at least $2 billion from the sale of assets by 2027. This is part of Hyatt's asset-light business ...

Playa Hotels & Resorts N.V. (PLYA) confirmed it has entered into an agreement with Hyatt Hotels Corporation (H) under which an indirect wholly owned subsidiary of Hyatt will acquire all ...

Hospitality giant Hyatt will soon acquire Playa Hotels & Resorts for about $2.6 billion, the corporation announced on Monday. Currently, Hyatt owns 9.4% of Playa's shares and when the acquisition ...

FAIRFAX, Va., Feb. 10, 2025 /PRNewswire/ -- Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the "Company" or "Playa") today confirmed it has entered into an agreement with Hyatt Hotels Corporation ...

Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts N.V. (NASDAQ: PLYA, Playa) for $13.50 per ...

Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based Hyatt Hotels is buying Playa Hotels & Resorts for $2.6 billion. The acquisition enables Hyatt to expand ...

Hyatt Hotels has announced that it has entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts for approximately US$2.6 billion, including approximately $900 million ...

Hyatt Hotels (H) is all set to acquire U.S.-based Playa Hotels & Resorts (PLYA) for $2.6 billion, aiming to strengthen its all-inclusive properties. The deal value includes roughly $900 million in ...