Hyatt Announces Extension of Exclusivity Period with Playa Hotels & Resorts N.V. ...Middle East

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Hyatt Announces Extension of Exclusivity Period with Playa Hotels & Resorts N.V.
source : hospitality net ( Middle East ) () 39
Hyatt Hotels Corporation (the “Company” or “Hyatt”) (NYSE: H) announced it has extended its previously disclosed exclusivity agreement date with Playa Hotels & Resorts N.V. (“Playa”) (NASDAQ: PLYA), under which Playa has agreed to negotiate exclusively with Hyatt regarding potential strategic alternatives and which may include the acquisition of Playa by Hyatt. The exclusivity period has been extended through February 10, 2025.

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