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Hyatt Hotels is betting on the all-inclusive resort industry as a new growth area with its $2.6 billion acquisition of Playa Hotels and Resorts.
Key Points. 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 ...
Another day, another all-inclusive brand getting gobbled up by a major U.S. | Hyatt's $2.6 billion acquisition of Playa Hotels signals the company's continued interest in upscaling all-inclusive ...
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 Mexico and Jamaica.
Playa is a leading owner and operator of all-inclusive resorts in Mexico, the Dominican Republic and Jamaica and Hyatt is currently the beneficial owner of 9.4% of Playa’s outstanding shares.
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. ...
Hyatt, which already owned 9.4% of Playa, agreed to pay $13.50 per outstanding share, the hotel chain announced Monday.. The deal expands on Hyatt’s all-inclusive growth journey, which started ...
Lanzarote has warm weather all year around, if you’re looking for some sun here is the average temperature for each month: January: 17˚C (highs up to 21˚C) February: 18˚C (highs up to 21˚C) ...
Ever since Hyatt acquired Apple Leisure Group for $2.7 billion in 2021, it has been expanding its presence in the all-inclusive resort segment, which has gone upscale in recent years. Hyatt Hotels ...
Hyatt Hotels said Monday it's in exclusive talks to potentially acquire Playa Hotels & Resorts, a move that would significantly expand its presence in the upscale all-inclusive resort market ...
Best resort in Lanzarote — Playa Blanca 77%. With a resort that’s smaller and smarter than others on the island, Playa Blanca, at the Southern tip of Lanzarote was rated better than average for ...