Results for: Playa Hotels & Resorts

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.

Playa Hotels & Resorts N.V. has entered into an agreement to sell its Jewel Palm Beach resort for $68 million. The sale, expected to close in the third quarter of 2024, will see Playa divesting one of its properties in the Caribbean.