Hyatt Hotels Corporation, a leading global hospitality company, has announced that it has entered into an agreement to acquire Apple Leisure Group (ALG) from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash.
Acquisition accelerates asset-light transformation; launches Hyatt’s commitment to sell additional $2 billion of hotel assets by the end of 2024; Doubles Hyatt’s global resorts footprint with accretive net rooms growth over the coming years with global expansion of AMR Collection™ brands like Secrets®, Dreams® and Zoëtry®; Hyatt to Discuss Transaction on Webcast Scheduled for Monday, August 16 at 7:30 a.
Hyatt to Acquire Apple Leisure Group, Expanding Global Brand Presence in Luxury Leisure Travel | Press Releases leta.lv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leta.lv Daily Mail and Mail on Sunday newspapers.