Hyatt Commences Tender Offer For All Outstanding Ordinary Shares of Playa Hotels & Resorts N.V. ...Middle East

Hyatt Hotels Corporation, a leading global hospitality company, announced that it is commencing, through an indirect wholly owned subsidiary, HI Holdings Playa B.V., a cash tender offer to purchase all of the outstanding ordinary shares of Playa Hotels & Resorts N.V. for $13.50 per share in cash, less any applicable withholding taxes and without interest. The offer is being made pursuant to the previously announced purchase agreement, dated February 9, 2025, among Hyatt, Buyer and Playa.

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