Hospitality giant Hyatt will soon acquire Playa Hotels & Resorts for about $2.6 billion, the corporation announced on Monday. Currently, Hyatt owns 9.4% of Playa's shares and when the acquisition is complete,

Santo Domingo.- Hyatt is set to usher in a new era of luxury travel in the Caribbean with its recent announcement to acquire Playa Hotels & Resorts N.V. in a high-profile all-cash transaction. This strategic move will reshape the all-inclusive resort segment across key destinations,

Hyatt Hotels has announced that it has entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts for approximately US$2.6 billion, including approximately $900 million of debt,