Hyatt Hotels SEC Filings

Massachusetts Financial Services Company (MFS) filed Amendment No. 2 to Schedule 13G reporting a 5.3 % beneficial ownership of Hyatt Hotels Corporation (NYSE: H) common stock as of 30 June 2025. The filing shows MFS holds 2,220,782 shares, of which 2,163,195 shares carry sole voting power; the entire position is subject to sole dispositive power, with no shared voting or disposition rights.

MFS classifies itself as an investment adviser under Rule 13d-1(b)(1)(ii)(E) and certifies the shares are held in the ordinary course of business, not to influence control of Hyatt. No group affiliations, subsidiary details, or other reportable events are disclosed. The document is signed by Compliance Officer Lisa Neaves on 4 Aug 2025.

Crossing the 5 % threshold triggers mandatory disclosure but does not imply activist intentions. The position may nevertheless be read as a sign of continued institutional confidence in Hyatt’s equity.

Hyatt Hotels Corporation (NYSE: H) has entered into a transformative agreement to monetize the real-estate portion of its recently acquired Playa Hotels & Resorts platform while retaining long-term management control.

On 29 June 2025, Hyatt subsidiary HI Holdings Playa B.V. signed a Share Purchase Agreement with Turquoise Topco Limited—a joint venture backed by KSL Capital Partners and Rodina—to sell Playa Resorts Holding B.V. for an all-cash price of US$2.0 billion, subject to customary adjustments. An additional earn-out of up to US$143 million may be received if specified operating thresholds are met.

Transaction structure and financing: Buyer will use a mix of equity from KSL/Rodina, third-party debt, and a US$200 million preferred-equity investment from Hyatt. Closing is targeted before year-end 2025 and is contingent upon standard conditions, including clearance under Mexico’s Economic Competition Federal Law.

Strategic rationale: At closing, Hyatt and Buyer will enter into 50-year hotel-management agreements across the sold portfolio, preserving Hyatt’s all-inclusive fee structure and enabling an asset-light model that locks in long-duration, recurring revenue streams without balance-sheet exposure to owned real estate.

Following completion of the real-estate sale, Hyatt estimates its net purchase price for Playa’s asset-light management business at approximately US$555 million (gross purchase price less asset sale proceeds). Management projects stabilized Adjusted EBITDA of US$60–65 million in 2027, implying an EV/EBITDA multiple of 8.5×–9.5×; the multiple would decline further if the earn-out is achieved.

Key exhibits filed: (i) Exhibit 10.1 – Share Purchase Agreement, (ii) Exhibit 99.1 – press release dated 30 June 2025, and (iii) Exhibit 99.2 – supplemental investor presentation.

Risks & timing: The deal remains subject to regulatory approvals, financing completion by Buyer, and other customary closing conditions. Forward-looking statements highlight potential for deal termination, litigation, incremental costs, or regulatory delays that could materially affect outcomes.

Overall, the announced asset sale accelerates Hyatt’s ongoing shift toward an asset-light model, provides significant liquidity, and secures long-term management contracts, although completion risk and reliance on future operating performance for earn-out payments remain material considerations for investors.

Hyatt Hotels (NYSE:H) filed a Form 4 on 29 June 2025 disclosing that director Cary D. McMillan sold 1,000 Class A common shares on 20 June 2025 in multiple trades priced between $132.69 and $132.76, with a weighted-average price of $132.70 per share. Following the transaction, McMillan’s direct ownership fell from 1,498 to 498 shares, representing roughly a two-thirds reduction of his stake.

No derivative transactions were reported and the filing does not specify whether the sale was executed under a Rule 10b5-1 trading plan. The Form 4 was signed by attorney-in-fact Margaret C. Egan on 23 June 2025.

Hyatt Hotels (NYSE:H) filed a Form 144 notifying the SEC of a proposed sale of 1,000 common shares with an aggregate market value of $132,703.40. The shares were acquired through restricted-stock vesting on 05/21/2025 and are slated for sale on or after 06/20/2025 via Morgan Stanley Smith Barney LLC. With 41,943,709 shares outstanding, the transaction represents roughly 0.002 % of Hyatt’s float. The filer reported no other sales in the past three months and certified that no undisclosed adverse information is known.