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CJ Invest, Transactions

Hyatt Completes $2B Sale of Playa Hotels Real Estate

By: Caribbean Journal Staff

Hyatt has closed the sale of the all-inclusive real estate portfolio it acquired through Playa Hotels & Resorts to Tortuga Resorts, completing a roughly $2 billion transaction that reshapes Hyatt’s balance sheet while preserving long-term control of the resorts through extended management contracts.

The portfolio comprised 15 all-inclusive properties across Mexico, the Dominican Republic and Jamaica. One asset was sold separately in September 2025 for $22 million. With the Tortuga closing, Hyatt has now fully exited the Playa real estate holdings for an aggregate $2 billion in proceeds.

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