Owned Real Estate Portfolio of Playa

Multiple (Cancún, Punta Cana, Montego Bay, etc.), United States

The Owned Real Estate Portfolio of Playa comprises 15 luxury, all-inclusive resort assets located across Mexico, the Dominican Republic, and Jamaica. Acquired by Hyatt Hotels Corporation in June 2025 and subsequently sold to Tortuga Resorts for $2 billion, the portfolio is operated under long-term management agreements, supporting Hyatt’s asset-light business model and strengthening its position in the all-inclusive hospitality market. The transaction secures recurring fee-based earnings and preferred equity for Hyatt while expanding Tortuga’s footprint in premier resort destinations.