PLYA - Mergers and acquisitions

FAIRFAX, Va., Dec. 31, 2024 /PRNewswire/ -- Playa 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. The sale of the resort is subject to customary closing conditions, and the Company offers no assurances that this sale will be completed. The Company expects the transaction to close in the first quarter of 2025. About Playa Hotels & Resorts N.V. Playa Hotels & Resorts N.V., through its subsidiaries (NASDAQ:P

FAIRFAX, Va., Aug. 26, 2024 /PRNewswire/ -- Playa 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 Palm Beach for a total consideration of $68 million in cash. The sale of the resort is subject to customary closing conditions, and the Company offers no assurances that this sale will be completed. The Company expects the transaction to close in the third quarter of 2024. About Playa Hotels & Resorts N.V. Playa Hotels & Resorts N.V., through its subsidiaries (NASDAQ:PLYA, ", Play

FAIRFAX, Va., Dec. 18, 2023 /PRNewswire/ -- Playa Hotels & Resorts N.V. (NASDAQ:PLYA) (the "Company") today announced that it has closed on the sale of the Jewel Punta Cana for a total gross consideration of $82.0 million. The Company expects total net proceeds of approximately $70.0 million. The Company has also entered into a long-term hotel management agreement with the new owner to manage the resort. The transaction was completed on December 15, 2023. Proceeds from the transaction will be used for general corporate purposes. About Playa Hotels & Resorts N.V.Playa is a lead

FAIRFAX, Va., April 19, 2021 /PRNewswire/ -- Playa 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 Capri Hotel for a total consideration of $55 million in cash. Upon closing, the Company expects to execute a management contract and will operate the resort once it reopens after repositioning and renovation. The third party purchasing the hotel expects to simultaneously sign a franchise agreement with a globally recognized brand upon closing. The Company has also signed a hotel manag