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BRIEF-Hyatt Announces Agreement To Sell Playa'S Owned Real Estate Portfolio To Tortuga For $2 Bln
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BRIEF-Hyatt Announces Agreement To Sell Playa'S Owned Real Estate Portfolio To Tortuga For $2 Bln
Jun 30, 2025 4:07 AM

June 30 (Reuters) - Hyatt Hotels Corp ( H ):

* HYATT ANNOUNCES AGREEMENT TO SELL PLAYA'S OWNED REAL

ESTATE

PORTFOLIO TO TORTUGA FOR $2.0 BILLION

* HYATT HOTELS CORP ( H ) - CAN EARN ADDITIONAL $143 MILLION IF

THRESHOLDS MET

* HYATT HOTELS CORP ( H ) - PORTFOLIO INCLUDES 15 RESORT ASSETS IN

MEXICO, DOMINICAN REPUBLIC, JAMAICA

* HYATT HOTELS CORP ( H ) - CO AND TORTUGA TO ENTER 50-YEAR

MANAGEMENT

AGREEMENTS FOR 13 PROPERTIES

* HYATT HOTELS CORP ( H ) - TO RETAIN $200 MILLION OF PREFERRED

EQUITY

* HYATT HOTELS CORP ( H )- EXPECTS $60-$65 MILLION STABILIZED

ADJUSTED

EBITDA IN 2027

Source text:

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;))

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