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17.06.25 - 23:18
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Hyatt Strengthens Leadership in All-Inclusive Segment with Acquisition of Playa Hotels & Resorts N.V. (Business Wire)
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Acquisition Expands Hyatt's Inclusive Collection with Iconic Beachfront Resorts, Meeting Guest Demand for All-Inclusive Stays and Reinforcing Brand StrengthCHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today announced the completed acquisition of Playa Hotels & Resorts N.V. (NASDAQ: PLYA), a leading owner, operator, and developer of all-inclusive resorts in Mexico, the Dominican Republic and Jamaica.
This transaction includes the acquisition of 15 all-inclusive resorts previously managed and owned by Playa. Of these, eight were already represented within Hyatt's system as Hyatt Ziva and Hyatt Zilara properties. As part of the transaction, Hyatt expands its all-inclusive portfolio with the addition of several resorts located in premier beach destinations, including Secrets La Romana and Dreams La Romana in the Dominican Republic; Dreams Rose Hall in Montego Bay, Jamaica; and Hyatt Vivid Playa del Carmen and Sunscape Cancun in Mexico.
“As we welcome Playa into the Hyatt family, we are str...
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06.06.25 - 22:15
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Hyatt Announces Receipt of All Required Regulatory Approvals for Pending Acquisition of Playa Hotels & Resorts N.V. (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H), a leading global hospitality company, announced today that all required regulatory approvals have been obtained for its previously announced cash tender offer to purchase all of the outstanding ordinary shares of Playa Hotels & Resorts N.V. (“Playa”) (NASDAQ: PLYA) for $13.50 per share in cash, less any applicable withholding taxes and without interest. The offer is being made pursuant to the previously announced purchase agreement, dated February 9, 2025 (the “Purchase Agreement”), among Hyatt, HI Holdings Playa B.V. (“Buyer”) and Playa.
On June 5, 2025, pursuant to the provisions of the Federal Law of Economic Competition (Ley Federal de Competencia Económica), the Federal Competition Commission (Comisión Federal de Competencia Económica) issued a resolution approving the transactions contemplated by the Purchase Agreement.
As a result of the regulatory approvals, Hyatt expects to complete the...
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27.05.25 - 12:36
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Hyatt Extends Tender Offer For All Outstanding Ordinary Shares of Playa Hotels & Resorts N.V. (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H), a leading global hospitality company, announced today that HI Holdings Playa B.V., an indirect wholly owned subsidiary of Hyatt (“Buyer”), has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding ordinary shares of Playa Hotels & Resorts N.V. (“Playa”) (NASDAQ: PLYA) for $13.50 per share in cash, less any applicable withholding taxes and without interest. The offer is being made pursuant to the previously announced purchase agreement, dated February 9, 2025 (the “Purchase Agreement”), among Hyatt, Buyer and Playa.
The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on June 9, 2025, unless the tender offer is further extended or earlier terminated in accordance with the Purchase Agreement. The tender offer will continue to be extended until all conditions are satisfied or waived, or until the tender offer is terminate...
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01.05.25 - 13:00
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Hyatt Reports First Quarter 2025 Results (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation ("Hyatt," "the Company," "we," "us," or "our") (NYSE: H) today reported first quarter 2025 results. Highlights include:
Comparable system-wide hotels RevPAR increased 5.7%, compared to the first quarter of 2024
Net rooms growth was 10.5%
Net income attributable to Hyatt Hotels Corporation was $20 million and Adjusted Net Income was $46 million
Diluted EPS was $0.19 and Adjusted Diluted EPS was $0.46
Gross fees were $307 million, an increase of 16.9%, compared to the first quarter of 2024
Adjusted EBITDA was $273 million, an increase of 5.4%, or an increase of 24.4% after adjusting for assets sold in 2024, compared to the first quarter of 2024
Pipeline of executed management or franchise contracts was approximately 138,000 rooms
Repurchased approximately 1.1 million shares of Class A common stock for an aggregate purchase price of $149 million
Full Year 2025 Outlook:
Comparable system-wide hotels RevPAR gro...
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18.04.25 - 18:18
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Hyatt Announces Leadership Transition with Appointment of Kristin Oliver as New Chief Human Resources Officer (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today announced a key leadership transition within its executive team. After seven distinguished years with the company, Malaika Myers will retire as Chief Human Resources Officer at the end of May 2025. Hyatt is pleased to announce that Kristin Oliver will succeed Myers as the new Chief Human Resources Officer, effective May 12, 2025.
Oliver joins Hyatt with an impressive background spanning multiple C-suite roles across various functions at HanesBrands, Walgreens, Chico's, and Walmart. With 15 years of HR leadership experience at major consumer brands, Oliver brings a proven track record of building cohesive, high-performing teams. She will be responsible for setting and implementing Hyatt's global HR strategy for future growth.
“We are delighted to welcome Kristin to the Hyatt family,” said Mark Hoplamazian, Hyatt's President and CEO. “As Hyatt evolves into a more brand-focused, agile enterprise, Kristin's extensive experience and p...
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