Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The transaction is anticipated to close in the fourth quarter of 2021, subject to customary closing conditions.
Hyatt Announces Plans for Andaz Turks & Caicos at Grace Bay, Marking the Andaz Brand’s Entry into the Caribbean
Hyatt Hotels Corporation (NYSE: H) announced today plans for Andaz Turks & Caicos at Grace Bay, a hotel and residences development expected to open in 2021, marking the Andaz brand’s first property in the Caribbean.
Tom Pritzker of Hyatt Hotels Corporation and The Pritzker Organization, will be honored with the prestigious Lifetime Achievement Award at the Americas Lodging Investment Summit (ALIS) on January 22-24, 2018, in Los Angeles. This prominent award is presented to an individual who has made significant contributions to the hospitality industry through their actions, deeds, and great accomplishments.