The deal will also enable Hyatt to establish long-term management agreements for its Hyatt Ziva and Hyatt Zilara properties in Mexico. Additionally, the acquisition will broaden Hyatt’s ...
Playa Hotels & Sorts owns and operates all-inclusive resorts in Mexico, the Dominican Republic and Jamaica. Popular resorts ...
At closing, Hyatt (H) expects to fund 100% of the acquisition with new debt financing and, consistent with maintaining its investment grade profile, expects to pay down over 80% of the new debt ...
and Seadust Cancun Family Resort in Cancun, Mexico. In 2013, Hyatt began to invest in Playa, which resulted in the Hyatt Ziva and Hyatt Zilara brands throughout the Caribbean. Greta Cross is a ...
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 ...
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 ...
Hyatt Hotels has made a huge acquisition to expand its international presence and provide a boost to its luxury offerings. Today the hospitality giant announced plans to acquire Playa Hotels ...