Playa Hotels & Resorts N.V. (PLYA) News
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PLYA News Highlights
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Latest PLYA News From Around the Web
Below are the latest news stories about PLAYA HOTELS & RESORTS NV that investors may wish to consider to help them evaluate PLYA as an investment opportunity.
Playa Hotels & Resorts agrees to sell Jewel Paradise Cove for $28.5mThe sale is subject to customary closing conditions. |
Playa Hotels & Resorts N.V. Announces the Sale of Jewel Paradise CovePlaya Hotels & Resorts N.V. (NASDAQ: PLYA) (the "Company") today announced that it has entered into a binding agreement with a third party to sell the Jewel Paradise Cove resort for a total consideration of $28.5 million in cash. |
Hyatt Poised for Expansion: Playa Hotels Deal in the SpotlightH enters into exclusive discussions with PLYA regarding potential strategic options, including the possible acquisition. |
Hyatt in exclusive talks for potential Playa Hotels & Resorts acquisitionWhile the outcome remains uncertain, Hyatt has committed to keeping stakeholders informed following any conclusive developments. |
Truist sees ‘greater likelihood’ that Playa Hotels sale to Hyatt gets doneTruist analyst C. Patrick Scholes keeps a Buy rating and $13 price target on Playa Hotels & Resorts (PLYA) while noting that the firm sees a “greater likelihood than not” that the transaction will with Hyatt (H) will be completed. Hyatt currently owns 9.9% of PLYA shares and owns the brand on several of PLYA’s hotels, while it no surprise that Playa is an interested seller as they have telegraphed for the past several years that they believe shares are undervalued on the public market, the analy |
Playa Hotels Stock Pops on Acquisition Negotiations With HyattPlaya Hotels' shares surged Monday after the resort operator said it has entered into an agreement to explore a potential acquisition by Hyatt Hotels. |
Why Is Playa Hotels & Resorts (PLYA) Stock Rocketing Higher TodayShares of hospitality company Playa Hotels & Resorts (NASDAQ:PLYA) jumped 29.2% in the morning session after a Reuters report revealed that the company is in exclusive talks with Hyatt Hotels about a potential takeover. The report confirmed that talks to acquire PLYA will continue through February 3rd, 2025, or until an agreement is reached. |
Hyatt Hotels in Exclusive Talks to Potentially Buy Playa Hotels & ResortsHyatt Hotels (H) is in exclusive negotiations to potentially acquire Playa Hotels & Resorts (PLYA), |
Hyatt in exclusive talks with Playa Hotels on options, including buyoutPlaya's shares rose about 11% before the bell, while Hyatt's stock price gained 1%. Playa, which runs 24 high-end, all-inclusive resorts across Mexico, said its board has been evaluating opportunities and has engaged with a number of potential counterparties. The exclusive talks with Hyatt, which has a 9.99% stake in Playa, will run through Feb. 3 or until a deal is struck, Playa said, cautioning there was no guarantee of any transaction. |
Hyatt in Talks to Buy Playa Hotels in All-Inclusive Resort PushEver since Hyatt acquired Apple Leisure Group for $2.7 billion in 2021, it has been expanding its presence in the all-inclusive resort segment, which has gone upscale in recent years. |