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…