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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 Hotels agreed to sell a portfolio of 15 resorts for $2 billion as the company continues to add to its all-inclusive offerings while cutting back on real estate.
"The planned real estate sale to Tortuga transforms the acquisition of Playa Hotels & Resorts into a fully asset-light transaction and increases Hyatt’s fee-based earnings," said Mark ...
Tortuga Resorts has struck a $2 billion deal to acquire Hyatt Hotels Corp.'s recently purchased Playa real estate portfolio, which includes 15 overseas resorts.
Hyatt Hotels has entered into an agreement to sell Playa Hotels' real estate portfolio to Tortuga Resorts for $2 billion, part of its strategy to enhance its asset-light business model. This sale ...
Hyatt Hotels Corporation (the “Company”) (NYSE: H) announced today that it has entered into a definitive agreement to sell the entirety of Playa’s owned real ...
CHICAGO-- (BUSINESS WIRE)--Jun 30, 2025--Hyatt Announces Agreement to Sell Playa’s Owned Real Estate Portfolio to Tortuga for $2.0 Billion ...
Hyatt Announces Agreement to Sell Playa’s Owned Real Estate Portfolio to Tortuga for $2.0 Billion Business Wire 54 mins ago ...
Hyatt Hotels on Monday said it would sell Playa’s owned real estate portfolio for $2 billion to Tortuga Resorts. Hyatt Hotels stock edged lower by 0.1% in Monday’s midday trade. Stocktwits ...
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 ...
A bench-clearing between the Daytona Tortugas and St. Lucie Mets resulted in multiple ejections in the ninth inning of Friday's baseball game.
Widely considered a beach spot for locals, Playa Tortugas is known for its relaxed atmosphere and clean sands. The area also boasts impressive views and travelers report several places nearby to ...