Tag Archives for all-inclsuive.
Hyatt will acquire all outstanding shares of Playa Hotels at $13.50 per share, valuing it at $2.6 billion inclusive of $900 million debt. That’s a 40% premium over the company’s market cap prior to revealing talks over the sale. Hyatt plans to sell the physical hotel properties, and they anticipate this will generate approximately $2 billion by the end of 2027. The non-Hyatt branded properties seem likely to convert to Hyatt brands over time.
Hyatt is introducing a new award chart for all-inclusive properties. That’s because they used to have the Ziva and Zilara brand, but are now starting to bring the 100 Apple Leisure Group properties into the World of Hyatt program that they acquired. In fact, 6 hotels are already live and 50 more will be joining the program May 9. Kudos for speed, this took about 8 months from deal announcement rather than the traditional 18 months.
I’ve never realized that Marriott Bonvoy has a set of ‘supplemental’ terms and conditions and that benefits are completely different at all-inclusive properties. In typical Marriott fashion they’re complicated, because they do not apply to all all-inclusives. Instead these ‘special’ terms apply to new all-inclusives that are not part of a legacy brand, and not to Westins and Marriotts et al that happen to be all-inclusive.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
