Hyatt targets 6%-7% room growth for 2025 with expanded luxury pipeline
Q4 2024 Management View Mark Hoplamazian, CEO, announced the acquisition of Playa Hotels & Resorts for $2.6 billion, which includes $900 million of debt, to expand Hyatt’s luxury all-inclusive brands ...
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Hyatt Acquires Playa Hotels & Resorts in $2.6 Billion Agreement
Hyatt Hotels Corporation has confirmed an agreement to acquire the all-inclusive resort company Playa Hotels & Resorts and its 24 properties for $2.6 billion.
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Marriott Misses On Guidance; Hyatt Plans $2.6 Billion Resort Deal
Hotel giant Marriott International managed to beat estimates for Q4 results early Tuesday but its first-quarter guidance disappointed. Wyndham Hotels was up next with its report late Wednesday.