Hyatt Hotels Corporation · NYSE:H
Hyatt Hotels — Merger or Acquisition (June 2025)
11 slides from Hyatt Hotels's merger presentation, Jun 30, 2025
Slide 1: Investor Update: Playa Hotels Acquisition
Investor Update H YAT T AN D R ELA TE D M A RK S AR E T R AD EM AR KS OF H YAT T C OR POR AT I ON OR I T S A FF I LI A T ES. © 20 25 H YA TT C OR PO RA T IO N . ALL R I GH T S R ES ER VED . H Y A T T Z I V A L O S C A B O S Playa Hotels Acquisition
Slide 2: Disclaimers
C O N F I D E N T I A L A N D P R O P R I E T A R Y | H y a t t an d r ela t ed m ar k s ar e t r ad em a rk s o f H y at t C o rp or at i on or it s a f f ili at e s . © 20 25 H y at t C o rp or at i on . All ri gh t s re s er v ed. DISCLAIMERS 2 Forward-Looking Statements Forward-Looking Statement
Slide 3: Playa Hotels Acquisition Update
PLAYA HOTELS ACQUISITION UPDATE 3 On June 17, 2025, Hyatt completed the acquisition of Playa Hotels & Resorts for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of debt, net of cash On June 29, 2025, Hyatt entered into a definitive agreement to sell the entiret
Slide 4: Deal Rationale
DEAL RATIONALE 4 Following the Playa Real Estate Transaction, 13 properties will convert to long-term management agreements Expected to lead to asset-light earnings mix◊ in 2027 of at least 90% Net purchase price of approximately $555 million for Playa's management business Implied multiple of 9–10x
Slide 5: Playa Hotels Acquisition Expected to Create Significant Value for Shareholders
PLAYA HOTELS ACQUISITION EXPECTED TO CREATE SIGNIFICANT VALUE FOR SHAREHOLDERS 5 H Y A T T Z I V A C A N C U N $60M $65M $65M $70M $25M $30M $35M $40M $45M $50M $55M $60M $65M $70M $75M 2026 2027 INCREMENTAL GROSS FEES (Ne t o f f ranc hi s e fee s Hy at t e arne d p re -tra ns ac ti o n) Converting
Slide 6: Summary of the Playa Real Estate Transaction
SUMMARY OF THE PLAYA REAL ESTATE TRANSACTION 6 H Y A T T Z I V A P U E R T O V A L L A R T A Hyatt entered into a definitive agreement on June 29, 2025, to sell Playa’s portfolio of 15 owned assets to Tortuga for $2.0 billion • Sales price represents a multiple of approximately 8x 2024 Adjusted EBIT
Slide 7: Playa Transaction Next Steps
HYATT COMPLETES PLAYA HOTELS ACQUISITION HYATT ANNOUNCES SALE OF REAL ESTATE TO TORTUGA MEXICAN ANTI-TRUST APPROVAL FOR PLAYA REAL ESTATE TRANSACTION CLOSING OF PLAYA REAL ESTATE TRANSACTION June 17, 2025 June 30, 2025 To be determined Before the end of 2025 PLAYA TRANSACTION NEXT STEPS… 7 H Y A T T
Slide 8: Appendix
Hy at t a nd rel at ed mark s a re t rade ma rks of Hy att Corp orat i on or i ts aff il i at es . © 2 025 Hy at t Co rpora ti on . A l l ri ght s res erv e d. APPENDIX
Slide 9: Definitions
C O N F I D E N T I A L A N D P R O P R I E T A R Y | H y a t t an d r ela t ed m ar k s ar e t r ad em a rk s o f H y at t C o rp or at i on or it s a f f ili at e s . © 20 25 H y at t C o rp or at i on . All ri gh t s re s er v ed. DEFINITIONS 9 Adjusted Earnings Before Interest Expense, Taxes, De
Slide 10: Definitions
C O N F I D E N T I A L A N D P R O P R I E T A R Y | H y a t t an d r ela t ed m ar k s ar e t r ad em a rk s o f H y at t C o rp or at i on or it s a f f ili at e s . © 20 25 H y at t C o rp or at i on . All ri gh t s re s er v ed. DEFINITIONS 10 Asset-Light Earnings Mix: Asset-Light Earnings Mix
Slide 11: Hy at t a nd rel at ed mark s a re t rade
Hy at t a nd rel at ed mark s a re t rade ma rks of Hy att Corp orat i on or i ts aff il i at es . © 2 025 Hy at t Co rpora ti on . A l l ri ght s res erv e d.