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Hyatt Ziva Puerto Vallarta opens in Mexico December 23, 2014 CHICAGO, IL – Hyatt Hotels & Resorts and Playa Hotels & Resorts BV, a leading owner, operator and developer of all inclusive resorts in prime beachfront locations, announces the opening of Hyatt Ziva CHICAGO, IL – Hyatt Hotels & Resorts and Playa Hotels & Resorts BV, a leading owner, operator and developer of all inclusive resorts in prime beachfront locations, announces the opening of Hyatt Ziva Puerto Vallarta in Mexico. The new all inclusive resort for guests of all ages is at the site of the former Dreams Puerto Vallarta. It is the culmination of an approximate $20 million expansion, renovation and repositioning that is intended to reinvent this resort destination in a way that brings effortless indulgence to the all inclusive vacation experience. ....
Three Months Ended March 31, 2021 Results Net Loss was $69.7 million compared to a Net Loss of $22.6 million in 2020. Net Loss for the three months ended March 31, 2021 includes $24.0 million of property and equipment impairment losses. Adjusted Net Loss Owned Resort EBITDA decreased 89.2% versus 2020 to $6.5 million. Adjusted EBITDA decreased 105.0% versus 2020 to $(2.5) million.
(1) Adjusted Net Income/(Loss) excludes special items, which are those items deemed not to be reflective of ongoing operations. See Definitions of Non-U.S. GAAP Measures and Operating Statistics for a description of how we compute Adjusted Net Income/(Loss) and other non-GAAP financial figures included in this press release. The first quarter finished on a strong note despite the change in international travel guidelines issued in January by the CDC. March was a very important milestone for Playa s recovery journey: it was the first mon ....