Playa Hotels & Resorts N.V. Announces the Sale of Jewel Palm Beach
PLYAPlaya Hotels & Resorts(PLYA) Prnewswire·2024-08-26 21:00

FAIRFAX, Va., Aug. 26, 2024 /PRNewswire/ -- Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the "Company") today announced that it has entered into a binding agreement with a third party to sell the Jewel Palm Beach for a total consideration of $68 million in cash.The sale of the resort is subject to customary closing conditions, and the Company offers no assurances that this sale will be completed. The Company expects the transaction to close in the third quarter of 2024.About Playa Hotels & Resorts N.V.Playa ...