Hyatt Bets on Growth of All-Inclusives With $2.6B Playa Hotels Acquisition
1. Hyatt acquires Playa Hotels for $2.6 billion to grow all-inclusive offerings. 2. Deal includes $13.50 per share, 40% premium over Playa's recent trading. 3. Funding via new debt; 80% repaid through property sales generating $2 billion. 4. Playa manages 24 resorts with 8,600+ rooms in prime Caribbean locations. 5. Hyatt seeks to enhance leadership in the all-inclusive hospitality market.