Hyatt Expands All-Inclusive Offerings With Playa Resorts Acquisition
Playa Hotels and Resorts operates a host of all-inclusive properties in a number of scenic locations across Mexico, Jamaica and the Dominican Republic. And soon, it’ll be doing so as part of an even larger hospitality company.
Hyatt to acquire Playa Hotels for US$2.6 billion, expand in Caribbean
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 of debt,
Hyatt acquiring resort operator for $2.6B
The hotel company is adding to its all-inclusive resort portfolio with Playa’s 24 properties, with plans to flip the assets
Hyatt to Buy Caribbean Resort Owner Playa for $2.6 Billion
Hyatt Hotels Corp. struck a deal to purchase Playa Hotels & Resorts NV for about $2.6 billion, expanding its reach into the all-inclusive resort market in countries including the Dominican Republic and Jamaica.
Hyatt to acquire Playa Hotels for $2.6B
Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to expand its presence in Mexico and the Caribbean.
Hyatt To Expand All-Inclusive Portfolio With $2.6B Acquisition Of Playa Hotels & Resorts
Hyatt Hotels Corp. will acquire Playa Hotels & Resorts, an owner and operator of all-inclusive Caribbean lodging real estate, for $2.6B. Hyatt, which already owned 9.4% of Playa, agreed to pay $13.50 per outstanding share, the hotel chain announced Monday.
Hyatt expands in Caribbean, Mexico with $2.6 billion Playa Hotels acquisition
By Aishwarya Jain (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.
Hyatt Buys Playa for $2.6 Billion in Bet on All-Inclusive Resorts
The acquisition positions Hyatt to capitalize on the growing demand for luxury all-inclusive experiences, while adding significant scale to its resort portfolio in key leisure destinations where development opportunities are limited.
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