Owners
History
2025: Hyatt bought Playa Hotels
In February 2025, one of the world's largest hotel operators, Hyatt, announced the purchase of rival group Playa Hotels for $2.6 billion. This amount includes approximately $900 million of Playa debt obligations, but does not take into account its cash, specified in a press release.
Hyatt plans to finance the purchase of Playa Hotels with new debt financing, 80% of which the company intends to repay through proceeds from the sale of assets. The closure of the deal should take place during 2025.[1]
Notes
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