Hyatt to acquire Playa Hotels & Resorts in Mexico, Jamaica and Dominican Republic for $2.6B
Playa Hotels & Sorts owns and operates all-inclusive resorts in Mexico, the Dominican Republic and Jamaica. Popular resorts include Wyndham Alltra in Playa del Carmen, Mexico; Jewel Grande Resort & Spa in Montego Bay, Jamaica; and Seadust Cancun Family Resort in Cancun, Mexico.
Hyatt’s bold acquisition of Playa Hotels & Resorts heralds a new era for Caribbean luxury travel
Santo Domingo.- Hyatt is set to usher in a new era of luxury travel in the Caribbean with its recent announcement to acquire Playa Hotels & Resorts N.V. in a high-profile all-cash transaction. This strategic move will reshape the all-inclusive resort segment across key destinations,
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 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 acquires Playa Hotels for US $2.6B
Hyatt already holds a 9.4% stake in Playa and offered to pay the hotel group $13.50 per share for the purchase.
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 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 Bets on Growth of All-Inclusives With $2.6B Playa Hotels Acquisition
Key Takeaways Hyatt is continuing to bet on the all-inclusive industry as a growth area for travel, buying resort operator Playa Hotels for roughly $2.6 billion.The hotel chain will pay Playa stockholders $13.
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Hyatt Buys Playa for $2.6 Billion in Bet on All-Inclusive Resorts
Hyatt said it would acquire all-inclusive Playa Hotels & Resorts for $2.6 billion to gain Latin American resorts.
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