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Hyatt finalises $2bn Playa portfolio transaction with Tortuga Resorts

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Hyatt Hotels has completed the sale of its Playa Hotels & Resorts (Playa) real estate portfolio to Tortuga Resorts (Tortuga) for around $2bn. The sale involves 15 all-inclusive properties situated across the Dominican Republic Jamaica, and Mexico. Hyatt, which holds $200m in preferred equity in…

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