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Hyatt, a major player in the hotel industry, is reportedly in discussions with Playa Hotels & Resorts regarding "potential strategic alternatives," which may include an acquisition. Playa operates all-inclusive resorts across the Caribbean and Mexico and has been a topic of speculation for potential takeovers by large hotel brands such as Hyatt, Hilton, Marriott, and IHG Hotels & Resorts.
Currently, Hyatt holds nearly a 10% stake in Playa and includes properties like the Hyatt Zilara Rose Hall and Hyatt Ziva Rose Hall in Jamaica within its portfolio. A possible acquisition of Playa would follow several significant purchases by Hyatt over recent years.
Hyatt expanded its presence in the all-inclusive resort market with a $2.7 billion acquisition of Apple Leisure Group, bringing brands like Secrets and Dreams under its umbrella. The company has also acquired lifestyle brands including The Standard, Me and All, Dream Hotel Group, and Mr & Mrs Smith.
