==Playa Hotels & Resorts (PLYA) has been acquired by Hyatt Hotels (NYSE: H) for $2.6 billion

• Transaction includes the acquisition of 15 all-inclusive resorts previously managed and owned by Playa.
• As part of the transaction, Hyatt expands its all-inclusive portfolio with the addition of several resorts located in premier beach destinations, including Secrets La Romana and Dreams La Romana in the Dominican Republic; Dreams Rose Hall in Montego Bay, Jamaica; and Hyatt Vivid Playa del Carmen and Sunscape Cancun in Mexico.
• Hyatt intends to provide additional financial information about the transaction during the second quarter 2025 earnings conference call.

 

Playa Hotels & Resorts (PLYA) reported earnings on Mon 7 May 2018 (b/o)

Playa Hotels & Resorts N.V. is an all-inclusive resort company focused on the Caribbean and Mexico. As of December 31, 2017, it owned a portfolio consisting of 13 resorts comprising 6,130 rooms located in Mexico, the Dominican Republic, and Jamaica.

• Headquarters: Netherlands
• Founded: 2006
• Sector: Consumer Cyclical
• Industry: Resorts & Casinos
• Full Time Employees: 9,900
• playaresorts.com

** charts after earnings **

  

Playa Hotels & Resorts beats by $0.04, beats on revs

• Reports Q1 (Mar) earnings of $0.32 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus of $0.28; revenues rose 1.6% year/year to $176.85 mln vs the $172.88 mln Capital IQ Consensus.