Hyatt to invest $325 million in Playa to tap all-inclusive segment

Hyatt Hotels says it will spend $325 million to secure a 20% ownership stake and convertible preferred stock in Playa Hotels & Resorts to spearhead its growth plans in the all-inclusive market. Hyatt expects to launch its first two all-inclusive properties in Mexico later this year. A total of 13 resorts are slated to open in Mexico, the Dominican Republic and Jamaica over the next few years under Playa's management, with six of these properties to operate under Hyatt brands.

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