Hyatt to Acquire Apple Leisure Group and Expand Its Brand Presence in Luxury Leisure Travel

Just today, Hyatt announced that it has entered into a definitive agreement to acquire Apple Leisure Group, a top-rated luxury resort-management service, travel, and hospitality group. This agreement came from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The transaction is expected to close in the fourth quarter of 2021.

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New Hyatt Ziva Resort Is Anticipated to Open in 2021

Hyatt Hotels Corporation (Hyatt) and Playa Hotels & Resorts have announced the anticipated opening of their newest property, Hyatt Ziva Riviera Cancun, to open sometime in 2021. This family-friendly resort will be the newest addition to the award-winning Hyatt Ziva brand which is focused on providing incredible, all-inclusive vacations to travelers. [Read more…]

Hyatt Announces Plans for Andaz Turks & Caicos at Grace Bay

The Hyatt Hotels Corporation has announced plans for Andaz Turks & Caicos at Grace Bay, a hotel and residences development. The property is expected to open in 2021 and will be the first Andaz brand hotel in the Caribbean. It will be developed by Vista Development Ltd. of Pronet Capital, LLC and will sit on 5.5 acres on the famous Grace Bay Beach.

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Hyatt Buys Wellness Brand, Exhale

Hyatt is proving once again that they are committed to taking health and wellness very seriously with the purchase of another wellness brand called Exhale. This company was founded in 2002 and features 25 locations throughout the United States and the Caribbean, offering fitness classes and/or spa services.

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