Hyatt Hotels is in talks to spend around $1.5 billion to buy publicly-traded Playa Hotels, but will likely sell them as part of its asset-light business model.
Playa Hotels' (PLYA) shares surged Monday after the resort operator said it has entered into an agreement to explore a potential acquisition by Hyatt Hotels (H).
CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (the “Company” or “Hyatt”) (NYSE: H) today disclosed it has executed an exclusivity agreement with Playa Hotels & Resorts N.V. (“Playa”) (NASDAQ: PLYA) under which Playa has agreed to negotiate exclusively with Hyatt regarding potential strategic alternatives, which may include the acquisition of Playa by Hyatt. Mark S. Hoplamazian, President a...
Wyndham Alltra Punta Cana—brand's second all-inclusive in the Dominican—to open April 1, 2025 FORT LAUDERDALE, Fla. , Dec. 12, 2024 /PRNewswire/ -- Playa Hotels & Resorts N.V.
Playa Hotels & Resorts N.V. (NASDAQ:PLYA ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Ryan Hymel - EVP and CFO Bruce Wardinski - Chairman and CEO Conference Call Participants Patrick Scholes - Truist Smedes Rose - Citi Tyler Batory - Oppenheimer Chad Beynon - Macquarie Operator Good day, and welcome to the Playa Hotels & Resorts Third Quarter 2024 Earnings ...
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