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Hyatt to sell Playa's real estate portfolio for $2 billion
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Hyatt to sell Playa's real estate portfolio for $2 billion
Jun 30, 2025 4:17 AM

June 30 (Reuters) - Hyatt said on Monday that it

would sell the entirety of Playa Hotels' owned real estate

portfolio to Tortuga Resorts for $2 billion.

Hyatt had bought Playa, which operates 24 high-end,

all-inclusive resorts across Mexico, Jamaica and the Dominican

Republic, for $2.6 billion including debt in February.

Following the real estate portfolio sale, which includes

15 resort assets, Hyatt's net purchase price for the remaining

of Playa's business is about $555 million, the company said.

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