CJ Invest
Hyatt Is Selling Playa’s Real Estate for $2 Billion
Hyatt Hotels Corporation has entered into a definitive agreement to sell its recently acquired Playa Hotels & Resorts real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between KSL Capital Partners and Rodina. The deal, announced this […]
CJ Invest
$39M Beachfront Bahamas Villa Sold in Record-Breaking Transaction
A villa that had been listed for $39.49 million has been sold in The Bahamas, Caribbean Journal Invest has learned. The villa in Nassau’s Old Fort Bay was sold for “just under” the initial asking price, according to a spokesperson […]
Caribbean
Two Hyatt-Branded Caribbean Hotels Sold
A pair of Hyatt-branded Caribbean hotels has been purchased by California-based JRK Property Holdings, Caribbean Journal Invest has learned. The two-property portfolio included the 149-room Hyatt Place San Juan and the 126-room Hyatt House San Juan, both in the heart […]
CJ Invest
Top Punta Cana, Dominican Republic Resort Sells for $82M
A top all-inclusive resort in the Dominican Republic has been sold, Caribbean Journal Invest has learned. Playa Hotels and Resorts has closed on the sale of the 620-room Jewel Punta Cana resort for a total gross consideration of $82 million, […]
