Hyatt Hotels Stock Price, News & Analysis

Hyatt Hotels Corporation (NYSE: H) has announced an extension of its tender offer period to acquire Playa Hotels & Resorts (NASDAQ: PLYA). The cash tender offer, priced at $13.50 per share, will now expire on June 9, 2025, at 5:00 p.m. New York City time.

As of May 23, 2025, approximately 85% of outstanding shares have been tendered or are owned by Hyatt's subsidiary (85.5% including guaranteed delivery shares). This includes 92,458,066 validly tendered shares and 12,143,621 shares already owned by Buyer. The completion remains subject to conditions including anti-competition approvals in Mexico.

Hyatt Hotels Corporation (NYSE: H) has announced its executives' participation in two upcoming investor conferences in New York. President and CEO Mark Hoplamazian and CFO Joan Bottarini will jointly present at the Morgan Stanley 3rd Annual Travel & Leisure Conference on June 3, 2025, at 9:30 a.m. ET. Additionally, CFO Joan Bottarini will present at the 2025 Baird Global Consumer, Technology & Services Conference on June 4, 2025, at 10:50 a.m. ET. Both presentations will be accessible via webcast through Hyatt's investor relations website, with replays available for 90 days.

Hyatt Hotels Corporation (NYSE: H) has announced plans to expand its luxury portfolio in Argentina with Casa Duhau, a new 52-villa and suite hotel in Mendoza's wine region. The property will be part of The Unbound Collection by Hyatt and located within Reserva Alto Agrelo, a 1,000-acre development project featuring a premium winery and 116 luxury residential lots.

Construction is scheduled to begin in late 2025, with an anticipated opening in late 2027. The hotel will feature 40 private villas and 12 suites, two signature restaurants, a spa, fitness center, and event spaces. Located in Alto Agrelo, Mendoza, the property will offer panoramic views of the Andes Mountains and be situated approximately 30 minutes from Mendoza city and 35 minutes from El Plumerillo International Airport.

Hyatt Hotels (NYSE: H) has announced an extension of its cash tender offer to acquire all outstanding ordinary shares of Playa Hotels & Resorts (NASDAQ: PLYA) at $13.50 per share. The tender offer's expiration date has been extended to May 23, 2025.

As of April 25, 2025, approximately 75% of outstanding shares have been tendered (excluding guaranteed delivery shares) or are owned by Hyatt's subsidiary. This includes 83,491,904 validly tendered shares and 12,143,621 shares already owned by Hyatt's subsidiary. Including guaranteed delivery shares, the total represents about 77% of outstanding shares.

Shareholders who have already tendered their shares don't need to take any additional action. The completion remains subject to conditions outlined in the tender offer statement.

Hyatt Hotels (NYSE: H) has announced a significant leadership change in its executive team. Kristin Oliver will succeed Malaika Myers as Chief Human Resources Officer, effective May 12, 2025, as Myers retires after seven years with the company.

Oliver brings 15 years of HR leadership experience from major consumer brands including HanesBrands, Walgreens, Chico's, and Walmart. She will oversee Hyatt's global HR strategy from the company's Chicago headquarters.

Under Myers' leadership, Hyatt's RiseHY program, aimed at providing opportunities for youth, is approaching its target of 10,000 hires. The company currently manages over 1,400 hotels and properties across 79 countries under various brands including Park Hyatt, Alila, Miraval, and numerous others within its Luxury, Lifestyle, Inclusive, Classics, and Essentials portfolios.