FlyerTalk Forums - View Single Post - Hyatt To Buy Playa Resorts
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Old Feb 10, 2025 | 11:22 pm
  #33  
Sophoclefr
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Originally Posted by bcosinteno
My prediction. The revenue from the Playa assets that are sold after the acquisition will be used to buy a luxury brand - and rumors within the Hyatt world are already swirling as to which one it will be. Probably 12-18 months away.
Hyatt has been clear about it…the 2bn from the sale of Playa assets will be used to reimburse 80% of the debt raised to acquire the company…
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