Hyatt Hotels Corporation to Sell Playa's Real Estate Portfolio to Tortuga for $2 Billion

Reuters

Jun 30, 2025

Hyatt Hotels Corporation to Sell Playa's Real Estate Portfolio to Tortuga for $2 Billion

Hyatt Hotels Corporation has announced a definitive agreement to sell its owned real estate portfolio, acquired from Playa, to Tortuga Resorts for $2.0 billion. This portfolio comprises 15 all-inclusive resort assets located in Mexico, the Dominican Republic, and Jamaica. The transaction is expected to finalize by the end of 2025, pending regulatory approval in Mexico. Hyatt will continue to manage 13 of these properties under 50-year agreements. The company will retain $200 million in preferred equity and use the proceeds to repay a delayed draw term loan used for the Playa acquisition. This move is anticipated to maintain Hyatt's investment-grade credit profile.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyatt Hotels Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250630906080) on June 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2547986090"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2547986090\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2547986090?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-30 18:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2547986090","market":"fut","top_or_hot":-1,"title":"Hyatt Hotels Corporation to Sell Playa's Real Estate Portfolio to Tortuga for $2 Billion","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Hyatt Hotels Corporation to Sell Playa's Real Estate Portfolio to Tortuga for $2 Billion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Hyatt Hotels Corporation has announced a definitive agreement to sell its owned real estate portfolio, acquired from Playa, to Tortuga Resorts for $2.0 billion. This portfolio comprises 15 all-inclusive resort assets located in Mexico, the Dominican Republic, and Jamaica. The transaction is expected to finalize by the end of 2025, pending regulatory approval in Mexico. Hyatt will continue to manage 13 of these properties under 50-year agreements. The company will retain $200 million in preferred equity and use the proceeds to repay a delayed draw term loan used for the Playa acquisition. This move is anticipated to maintain Hyatt's investment-grade credit profile.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyatt Hotels Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250630906080) on June 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hyatt Hotels Corporation to Sell Playa's Real Estate Portfolio to Tortuga for $2 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyatt Hotels Corporation to Sell Playa's Real Estate Portfolio to Tortuga for $2 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-30 18:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Hyatt Hotels Corporation to Sell Playa's Real Estate Portfolio to Tortuga for $2 Billion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Hyatt Hotels Corporation has announced a definitive agreement to sell its owned real estate portfolio, acquired from Playa, to Tortuga Resorts for $2.0 billion. This portfolio comprises 15 all-inclusive resort assets located in Mexico, the Dominican Republic, and Jamaica. The transaction is expected to finalize by the end of 2025, pending regulatory approval in Mexico. Hyatt will continue to manage 13 of these properties under 50-year agreements. The company will retain $200 million in preferred equity and use the proceeds to repay a delayed draw term loan used for the Playa acquisition. This move is anticipated to maintain Hyatt's investment-grade credit profile.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyatt Hotels Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250630906080) on June 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"H","symbol_name":"凯悦酒店","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250630:nNDLc8MlJD:1","article_id":"2547986090","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2547986090","pubTimestamp":1751279421,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hyatt Hotels Corporation has announced a definitive agreement to sell its owned real estate portfolio, acquired from Playa, to Tortuga Resorts for $2.0 billion. This portfolio comprises 15 all-inclusive resort assets located in Mexico, the Dominican Republic, and Jamaica. The transaction is expected to finalize by the end of 2025, pending regulatory approval in Mexico. Hyatt will continue to manage 13 of these properties under 50-year agreements. The company will retain $200 million in preferred equity and use the proceeds to repay a delayed draw term loan used for the Playa acquisition. This move is anticipated to maintain Hyatt's investment-grade credit profile.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyatt Hotels Corporation ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"H":"凯悦酒店","BK4142":"酒店、度假村与豪华游轮","BK4585":"ETF&股票定投概念"},"translate_title":"凯悦酒店集团将以20亿美元的价格将Playa的房地产投资组合出售给托尔图加","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"H":0.9},"content_text":"Hyatt Hotels Corporation to Sell Playa's Real Estate Portfolio to Tortuga for $2 Billion\n    \n\n        Hyatt Hotels Corporation has announced a definitive agreement to sell its owned real estate portfolio, acquired from Playa, to Tortuga Resorts for $2.0 billion. This portfolio comprises 15 all-inclusive resort assets located in Mexico, the Dominican Republic, and Jamaica. The transaction is expected to finalize by the end of 2025, pending regulatory approval in Mexico. Hyatt will continue to manage 13 of these properties under 50-year agreements. The company will retain $200 million in preferred equity and use the proceeds to repay a delayed draw term loan used for the Playa acquisition. This move is anticipated to maintain Hyatt's investment-grade credit profile.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyatt Hotels Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250630906080) on June 30, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}