Hyatt Hotels Corp announced plans to acquire Playa Hotels & Resorts for $2.6 billion, including $900 million in debt, with the transaction details outlined in a filing dated February 9, 2025. Additionally, between February 14 and March 14, 2025, Hyatt repurchased 1,078,511 shares for about $149 million, leaving $822 million available under its repurchase authorization.