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Maroc Maroc - TRAVELINDUSTRYTODAY.COM - A La Une - 10/Feb 22:58

HYATT TO BUY PLAYA RESORTS

Hyatt Hotels Corporation 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, net of cash.  Playa is a leading owner and operator of all-inclusive resorts in Mexico, the Dominican Republic and Jamaica.

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