Hyatt to Acquire Playa Hotels for $2.6 Billion

Deal News | Feb 10, 2025 | Zawya

Hyatt Hotels has announced its intention to acquire Playa Hotels & Resorts in a deal valued at approximately $2.6 billion, including debt and net of cash. This acquisition represents a strategic move for Hyatt to expand its presence in the hospitality industry, particularly in the resort segment, as Playa Hotels & Resorts operates a collection of beachfront properties. The transaction is expected to leverage Playa’s assets while injecting capital for Hyatt’s growth strategy. The announcement was reported by Aishwarya Jain from Bengaluru, highlighting a pivotal development in the hotel and resort sector.

Sectors

Hospitality
Mergers and Acquisitions

Geography

Global – The acquisition involves global hospitality companies, with implications likely across multiple regions where these companies operate.
United States – Hyatt Hotels, an American company, is executing the acquisition, making the U.S. a significant focus of this deal.

Industry

Hospitality – The transaction involves Hyatt Hotels acquiring another company in the hospitality and resort sector, Playa Hotels & Resorts.
Mergers and Acquisitions – The article discusses a significant acquisition deal where Hyatt intends to purchase Playa Hotels, making it relevant to the M&A sector.

Financials

2.6 billion – The total value of the acquisition deal, including debt and net of cash, between Hyatt Hotels and Playa Hotels & Resorts.

Participants

Name	Role	Type	Description
Hyatt Hotels Corporation	Bidding Company	Company	Hyatt Hotels is a leading global hospitality company that is seeking to expand its portfolio through the acquisition of Playa Hotels & Resorts.
Playa Hotels & Resorts	Target Company	Company	Playa Hotels & Resorts operates a portfolio of beachfront resort properties and is the target of acquisition by Hyatt Hotels.
Aishwarya Jain	Reporter	Person	Aishwarya Jain is the journalist who reported on the acquisition from Bengaluru.