Playa Hotels & Resorts N.V. Confirms Extension of Exclusivity Period With Hyatt Hotels Corporation

FAIRFAX, Va., Feb. 3, 2025 /PRNewswire/ -- Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the "Company" or "Playa") previously announced it had entered into an exclusivity agreement with Hyatt Hotels Corporation (NYSE: H) ("Hyatt") regarding discussions between the parties of potential strategic options, which may include the acquisition of the Company by Hyatt. Playa today confirmed that the parties are extending the exclusivity agreement to 11:59 p.m. New York City time on February 10, 2025.