Hyatt Bets on Growth of All-Inclusives With $2.6B Playa Hotels Acquisition
Key TakeawaysHyatt is continuing to bet on the all-inclusive industry as a growth area for travel, buying resort operator Playa Hotels for roughly $2.6 billion.The hotel chain will pay Playa stockholders $13.50 per share, with the deal expected to close later this year.Hyatt called the deal a "next step on a significant growth journey for Hyatt's all-inclusive portfolio." Hyatt Hotels (H) is betting on the all-inclusive resort industry as a new growth area with its $2.6 billion acquisition of Playa Hotels a ...