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CNBC: Hyatt Expands Leisure Bet Th ...
CNBC: Hyatt Expands Leisure Bet Th ...
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Industry news
CNBC: Hyatt Expands Leisure Bet Th ...CNBC: Hyatt Expands Leisure Bet Through Acquisition
Japan Inbound Travel Still Near Ze ...Japan Inbound Travel Still Near Zero
Test and Go Ends Pre-board PCR Apr ...Test and Go Ends Pre-board PCR April 1
Malaysia Reopens April 1Malaysia Reopens April 1
Thailand-India Bubble Proposed For ...Thailand-India Bubble Proposed For March
Thailand To Celebrate Thai New Yea ...Thailand To Celebrate Thai New Year Without Travel Restrictions
Taiwan To Shorten Quarantine In Ma ...Taiwan To Shorten Quarantine In March
Philllipines Opens February 10thPhilllipines Opens February 10th
Bangkok Post: Hotel Investments Ri ...Bangkok Post: Hotel Investments Rise As Covid Recedes
COVID Testing Suspended For Vacina ...COVID Testing Suspended For Vacinated Tourirts To England and Scotland
See all
Agoda Partner Hub > News & Insights > CNBC: Hyatt Expands Leisure Bet Through Acquisition
CNBC: Hyatt Expands Leisure Bet Through Acquisition
CNBC reports that Hyatt group has acquired Apple Leisure Group from KKR and KSL Capital Partners, a move which officially moves its revenue projection from leisure above 50%. The decrease in its footprint for business travel reflects a belief that leisure will continue to be the more resilient segment. The $2.7 billion cash deal is expected to close in the fourth quarter of this year, adding roughly 33,000 rooms across 100 hotels to Hyatt’s portfolio.
