Hyatt has announced plans to acquire all outstanding shares of Playa Hotels & Resorts for $13.50 per share or approximately $2.6 billion. Hyatt had previously made an investment in Playa Hotels & Resorts in 2013, this launched Hyatt Ziva and Hyatt Zilara brands.
Current Playa Hotels & Resorts properties are as follows:
- Dominican Republic – Hilton La Romana – Hilton La Romana Adult Resort – Hyatt Zilara Cap Cana Adult Resort – Hyatt Ziva Cap Cana – Sanctuary Cap Cana, a Luxury Collection Resort – Wyndham Alltra Punta Cana – Wyndham Alltra Samana
- Jamaica – Hilton Rose Hall – Hyatt Zilara Rose Hall Adult Resort – Hyatt Ziva Rose Hall – Jewel Grande
- Mexico – Hilton Playa Del Carmen Adult Resort – Hyatt Zilara Cancun Adult Resort – Hyatt Ziva Cancun – Hyatt Ziva Los Cabos – Hyatt Ziva Puerto Vallarta – Kimpton Tres Rios – Paraiso de la Bonita Luxury Collection Resort – Seadust Cancun Family Resort – Turquoize Cancun – Wyndham Alltra Cancun – Wyndham Alltra Playa Del Carmen, Adults Only – Wyndham Alltra Vallarta
Playa Hotels & Resorts are all owner operated, according to the news release Hyatt will look to sell the properties (while retaining management) and hope to realize $2 billion from the sale of these assets. I suspect they will have to continue running some properties under Wyndham/Hilton until those deals end.
