---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-060325"
form_type: "8-K"
ticker: "H"
cik: "0001468174"
company_name: "Hyatt Hotels Corp"
filed_at: "2025-06-17T23:59:59+00:00"
generated_at: "2026-05-19T04:31:45.670997+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hyatt completes $13.50/share acquisition of Playa Hotels & Resorts, adds 15 all-inclusive resorts

## Summary
- Acquired all outstanding Playa shares at $13.50 per share in cash; ~86.2% of shares tendered by end of subsequent offering period.
- Borrowed $1.7 billion under delayed draw term loan to finance the acquisition, repay Playa debt, and pay fees.
- Adds 15 all-inclusive resorts in Mexico, Dominican Republic, Jamaica, including Secrets, Dreams, Hyatt Vivid, Sunscape brands.
- Transaction solidifies Hyatt's position as a leading all-inclusive provider, building on Apple Leisure Group and Bahia Principe JV.

## SEC filing metadata
- accession: 0001104659-25-060325
- form_type: 8-K
- ticker: H
- cik: 0001468174
- company_name: Hyatt Hotels Corp
- filed_at: 2025-06-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468174/000110465925060325/0001104659-25-060325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468174/000110465925060325/tm2518204d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-060325
- JSON: https://secwatch.observer/filing/0001104659-25-060325.json
- Plain text: https://secwatch.observer/filing/0001104659-25-060325.txt

## Key facts
- Debt Financings
  Hyatt Hotels Corp incurred term loan of $1.7 billion with Bank of America, N.A., JPMorgan Chase Bank, N.A., Wells Fargo Bank, N.A. at base rate plus a range of 0.000% to 0.425% per annum, depending on Hyatt's debt maturing matures on the third anniversary of the date that the loans thereunder are funded.
  - Instrument: term loan
  - Principal: $1.7 billion
  - Counterparty: Bank of America, N.A., JPMorgan Chase Bank, N.A., Wells Fargo Bank, N.A.
  - Rate: base rate plus a range of 0.000% to 0.425% per annum, depending on Hyatt's debt
  - Maturity: matures on the third anniversary of the date that the loans thereunder are funded
  - Event: incurrence
  source text: On June 11, 2025, Hyatt borrowed $1.7 billion of DDTL Loans under the Delayed Draw Term Loan Facility to finance the acquisition of Playa, repay certain indebtedness of Playa and its subsidiaries in connection with such acquisition and to pay related fees and expenses.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468174/000110465925060325/0001104659-25-060325-index.htm
- M&A Transactions
  Hyatt Hotels Corp completed an acquisition involving Playa Hotels & Resorts N.V. for purchase price of $13.50 per Share payable in cash (closed 2025-06-11).
  - Action: acquisition
  - Counterparty: Playa Hotels & Resorts N.V.
  - Consideration: purchase price of $13.50 per Share payable in cash
  - Closing: 2025-06-11
  source text: owned subsidiary of Hyatt (“ Buyer ”), to purchase all of the issued and outstanding ordinary shares, par value €0.10 per share, of Playa (“ Shares ”) at a purchase price of $13.50 per Share payable in cash (the “ Offer Consideration ”), less applicable withholding taxes and without interest, upon the terms and subject to the conditions set forth in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468174/000110465925060325/0001104659-25-060325-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.