{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-112977","form_type":"8-K","ticker":"H","cik":"0001468174","company_name":"Hyatt Hotels Corp","filed_at":"2025-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.465729+00:00","generated_at":"2026-05-16T19:11:54.034530+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hyatt completes Playa acquisition; signs $2B sale of portfolio, pro forma net loss $105M","bullets":["Acquired all Playa shares at $13.50 cash per share; total consideration ~$2.6B including debt repayment.","Financed with $1.7B delayed draw term loan and $1B senior notes (5.050% 2028, 5.750% 2032).","Signed agreement to sell Playa Portfolio (14 resorts) for $2B (incl. $200M preferred equity) plus up to $143M contingent consideration.","Pro forma net loss attributable to Hyatt for 9mo 2025: $(105)M vs historical $(32)M; 2024 pro forma net income $367M vs $1.296B.","One property sold for $22M; remaining sale expected by end of 2025 subject to regulatory approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-112977","json":"https://secwatch.observer/filing/0001104659-25-112977.json","markdown":"https://secwatch.observer/filing/0001104659-25-112977.md","text":"https://secwatch.observer/filing/0001104659-25-112977.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468174/000110465925112977/0001104659-25-112977-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468174/000110465925112977/tm2531334d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T19:11:54.034530+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}