Hyatt said it would acquire all-inclusive Playa Hotels & Resorts for $2.6 billion to gain Latin American resorts.

Hyatt already holds a 9.4% stake in Playa and offered to pay the hotel group $13.50 per share for the purchase.

Listen to this article Resorts owner, operator and developer Playa Hotels & Resorts has entered into an agreement to be acquired by an indirect subsidiary of Hyatt Hotels for approximately $2.6 ...

In a remarkable display of market confidence, Playa Hotels Resorts BV (NASDAQ:PLYA) stock has reached an all-time high, touching a price level of $13.28. According to InvestingPro data, the company ...

Jefferies weighed in on the impact of Hyatt Hotels Corporation (NYSE:H) acquiring Playa Hotels & Resorts (PLYA) for $2.6 billion this week. Playa's (PLYA) portfolio includes high-quality resorts in ...

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