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Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion

Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion

Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...