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The transaction, which aligns with Hyatt’s asset-light strategy, comes less than two weeks after the hotel giant acquired Playa Hotels & Resorts’ 15 all-inclusive assets.
Hyatt acquired Playa in a $2.6 billion transaction on June 17. After selling the real estate, Hyatt’s net cost to become the manager of Playa's resorts will be about $555 million.
Hyatt had entered into a deal to buy Playa, which operates 24 high-end, all-inclusive resorts across Mexico, Jamaica and the Dominican Republic, for $2.6 billion including debt in February.
According to Sunwing, located in Cayo Coco, Playa Luxury Cayo Guillermo is the only resort in Cuba to offer overwater bungalows. The beachfront property caters to travellers looking for an upscale ...
The most popular shoreline in Puerto Vallarta, Playa de los Muertos (Deadmen's Beach) in the Zona Romantica, offers opportunities to Jet Ski, windsurf and even parasail, as well as an assortment ...
We don't really need to tell you to go here; chances are this is where you're staying. Playa Dorada (or Golden Beach) is the beach of choice in the immediate Puerto Plata area, and all the major ...
Hyatt Hotels said on Monday it has agreed to sell the real estate portfolio owned by Playa Hotels to Tortuga Resorts for US$2 billion, as the U.S. hospitality chain seeks to strengthen its asset-light ...
13.42 °S, 76.13 °W Chincha Alta, Ica, Peru Weather Conditions star_ratehome ...
Surf report and surf forecast for Peñascal, Peru. Including 16-day surf forecast for surf height, swell, wind and tide conditions.
Clubs and bars Clubbers love Playa d'en Bossa for the great choice of clubs and bars, for example the luxury hotel and open-air party venue that is Ushuaïa, state-of-the-art club Hï Ibiza, and SWAG, ...