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RSS FeedsPlaya Hotels & Resorts Completes Previously Announced Business Combination and Establishes a Leading Position in Jamaica
(WorldNews Netherlands)

 
 

4 june 2018 14:13:39

 
Playa Hotels & Resorts Completes Previously Announced Business Combination and Establishes a Leading Position in Jamaica
(WorldNews Netherlands)
 


FAIRFAX, Va., June 04, 2018 (GLOBE NEWSWIRE) -- Playa Hotels & Resorts N.V. (NASDAQ:PLYA) (`Playa`), announced today that it had completed a business combination with Sagicor Group Jamaica Limited (`Sagicor`) whereby Sagicor contributed to Playa a portfolio of five all-inclusive resorts and two adjacent oceanfront developable land sites located on the desirable North Coast of Jamaica. The portfolio includes four existing resorts including the 495-room Hilton Rose Hall, the 268-room Jewel Runaway Bay, the 250-room Jewel Dunn`s River and the 225-room Jewel Paradise Cove. It also includes an 88-room hotel tower and spa, two developable land sites with a potential density of up to 700 rooms and...


 
23 viewsCategory: General > Europe > Netherlands
 
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