Playa Hotels & Resorts N.V. Completes the Sale of Jewel Palm Beach
Playa Hotels & Resorts(PLYA) Prnewswire·2024-09-23 20:30
FAIRFAX, Va., Sept. 23, 2024 /PRNewswire/ -- Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the "Company") today announced that it has closed on the sale of the Jewel Palm Beach resort for a total consideration of $68 million in cash. The Company expects total net proceeds of approximately $64 million. Proceeds from the transaction will be utilized for general corporate purposes. About Playa Hotels & Resorts N.V. Playa Hotels & Resorts N.V., through its subsidiaries (NASDAQ: PLYA, "Playa"), is a leading owner, ...