The transaction, which aligns with Hyatt’s asset-light strategy, comes less than two weeks after the hotel giant acquired Playa Hotels & Resorts’ 15 all-inclusive assets.

Hyatt acquired Playa in a $2.6 billion transaction on June 17. After selling the real estate, Hyatt’s net cost to become the manager of Playa's resorts will be about $555 million.

Hyatt had entered into a deal to buy Playa, which operates 24 high-end, all-inclusive resorts across Mexico, Jamaica and the Dominican Republic, for $2.6 billion including debt in February.

According to Sunwing, located in Cayo Coco, Playa Luxury Cayo Guillermo is the only resort in Cuba to offer overwater bungalows. The beachfront property caters to travellers looking for an upscale ...

The most popular shoreline in Puerto Vallarta, Playa de los Muertos (Deadmen's Beach) in the Zona Romantica, offers opportunities to Jet Ski, windsurf and even parasail, as well as an assortment ...

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We don't really need to tell you to go here; chances are this is where you're staying. Playa Dorada (or Golden Beach) is the beach of choice in the immediate Puerto Plata area, and all the major ...

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Hyatt Hotels said on Monday it has agreed to sell the real estate portfolio owned by Playa Hotels to Tortuga Resorts for US$2 billion, as the U.S. hospitality chain seeks to strengthen its asset-light ...

View Dionís Bennàssar’s artworks on artnet. Learn about the artist and find an in-depth biography, exhibitions, original artworks, the latest news, and sold auction prices.