Hyatt Hotels Corp. has agreed to sell the entire real estate portfolio it acquired from Playa Hotels & Resorts for $2 billion to Tortuga Resorts, a joint venture between investment firms KSL Capital ...
Hyatt Hotels Corporation, not a month after finalizing its purchase of resort company Playa Hotels & Resorts, has entered into an agreement to sell all of the brand’s own real estate to Tortuga ...
Hyatt Hotels is selling the real estate portfolio that belonged to Playa Hotels & Resorts after all of a dozen days. Hyatt agreed to sell Playa’s real estate portfolio to Tortuga Resorts for $2 ...
(Reuters) -Hyatt Hotels said on Monday it has agreed to sell the real estate portfolio owned by Playa Hotels to Tortuga Resorts for $2 billion, as the U.S. hospitality chain seeks to strengthen its ...
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Hyatt signals $2B Playa real estate sale and 6.7%-7.7% net rooms growth outlook while advancing asset-light strategy
Mark Samuel Hoplamazian, President, CEO & Director, expressed enthusiasm for the completed acquisition of Playa Hotels & Resorts and the agreement to sell the entire Playa Real Estate portfolio, ...
Sale of Real Estate Achieves a Fully Asset-Light Transaction of Playa Hyatt Hotels Corporation (the “Company”) (NYSE: H) today announced the closing of the sale of the real estate portfolio previously ...
After selling these 15 resorts, Hyatt will once again look less like a real-estate company and more like a capital-light services business. It will be less likely to get clobbered during a downturn ...
Sale of Real Estate Achieves a Fully Asset-Light Transaction of Playa “This closing is the culmination of a transformative transaction for Hyatt’s Inclusive Collection,” said Javier Águila, President, ...
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