Playa Hotels & Resorts has sold its Jewel Palm Beach resort for $68 million, marking a strategic move to streamline its portfolio and strengthen its financial position. The sale allows Playa to focus on its core strengths, including its premium beachfront properties and partnerships with renowned brands like Hyatt, Hilton, and Wyndham.
Royal Caribbean Cruises Ltd. has announced a $1 billion bond offering to refinance existing debt and improve its financial position. The proceeds will be used to redeem outstanding bonds and finance the Silver Dawn cruise ship. The offering is part of the company’s strategy to streamline its financial commitments and enhance operational flexibility.
Robert Kiyosaki, author of ‘Rich Dad, Poor Dad,’ is urging investors to diversify their portfolios with Bitcoin, gold, and silver as a hedge against economic instability. He believes that traditional financial systems are becoming increasingly vulnerable and recommends these assets as a safe haven against potential market crashes and banking crises.
