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Sargassum in Quintana Roo has reached moderate to excessive levels on 76 beaches—including Cancun—as cleanup crews race to protect tourism and coastal ...
The Playa’s portfolio includes 15 all-inclusive resort assets located across Mexico, the Dominican Republic, and Jamaica. Hyatt said the company and Tortuga will enter into 50-year management ...
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 US hospitality chain seeks to strengthen its asset-light ...
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 estate portfolio, acquired from Playa on ...
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 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.
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 ...
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.
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.