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Wintrust Business Minute: Hyatt Hotels to buy Playa Hotels & Resorts
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Hyatt Hotels is buying Playa Hotels & Resorts for $2.6 billion. The acquisition enables Hyatt to expand into the all-inclusive resort market in countries like Mexico and Jamaica. Hyatt had previously been an investor in Playa. It joins Marriott and Hilton in expanding its hotel network. The Hyatt deal is expected to close later this year.
Also, improving international sales helped McDonald’s overcome weakness in the U.S. in the fourth quarter. Listen for more below:
https://serve.castfire.com/audio/7274155/7274155_2025-02-10-182055.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Chicago-based Hyatt Hotels is buying Playa Hotels & Resorts for $2.6 billion. The acquisition enables Hyatt to expand into the all-inclusive resort market in countries like Mexico and Jamaica. Hyatt had previously been an investor in Playa. It joins Marriott and Hilton in expanding its hotel network. The Hyatt deal is expected to close later this year.
Also, improving international sales helped McDonald’s overcome weakness in the U.S. in the fourth quarter. Listen for more below:
https://serve.castfire.com/audio/7274155/7274155_2025-02-10-182055.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Arlington Heights shopping center acquired by Encore
.cls-4{fill:#000;}
Market optimism, trade deals, Mom’s Day tech gifts
.cls-7{fill:#fff;fill-rule:evenodd}
Krispy Kreme pauses partnership with McDonald’s
.cls-4{fill:#000;}
Tariff impact, Fed decision, Mother’s Day treats
.cls-7{fill:#fff;fill-rule:evenodd}
Popular Gold Coast bar, Butch McGuire’s, plans to expand
.cls-4{fill:#000;}
Click for more
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