Hyatt's Resort Target, Despegar's Acquisition and Hotels vs. OTAs
Skift Take
In major hospitality news, Hyatt is in talks to acquire Playa Hotels & Resorts, Despegar has agreed to a $1.7 billion buyout by Prosus, and a Skift Research report suggests hotel websites could surpass OTAs by 2030 – or maybe not.
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Episode NotesHyatt Hotels said on Monday it’s in negotiations to buy Playa Hotels & Resorts, which would significantly expand its presence in the upscale all-inclusive resort market across the Caribbean and Mexico, reports Senior Hospitality Editor Sean O’Neill.
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