Hyatt Hotels Corporation Acquires Playa Hotels & Resorts N.V.

KSL Capital Partners Acquires The Westin Hilton Head Island Resort & Spa

September 25, 2025

Real Estate

KSL Capital Partners affiliates, via its Tactical Opportunities Fund, acquired The Westin Hilton Head Island Resort & Spa; terms were not disclosed. The oceanfront resort on Hilton Head Island features roughly 420 refreshed rooms, extensive event space and wellness amenities — the deal expands KSL’s travel & leisure portfolio with a high-quality beachfront asset in the Southeast United States.

Hyatt Hotels Corporation Acquires Standard International

August 21, 2024

Restaurants & Hospitality

Hyatt Hotels Corporation announced it will acquire the brands and most affiliates of Standard International, the parent company of The Standard and Bunkhouse Hotels, forming a new dedicated lifestyle group headquartered in New York City. The asset-light transaction covers management, franchise and license contracts for 21 open hotels (about 2,000 rooms) and includes a $150 million base purchase price with up to $185 million of contingent consideration.

Alojica/Black Creek Mexico and Royalton Acquire The Westin Resort & Spa, Cancun

January 15, 2026

Real Estate

Affiliates of Alojica (a Black Creek Mexico-sponsored platform), together with Royalton Hotels & Resorts, have completed the acquisition of The Westin Resort & Spa, Cancun from affiliates of Marriott Vacations Worldwide. The buyers plan a transformational capital improvement program to convert the property into an All‑Inclusive by Marriott Bonvoy Westin resort and reposition the asset to capture institutional demand for high‑end all‑inclusive resorts in Cancun.

Hyatt Acquires me and all hotels Brand from Lindner Hotels AG

June 28, 2024

Restaurants & Hospitality

Hyatt (through an affiliate) acquired the me and all hotels brand from Lindner Hotels AG, enabling Hyatt to position the boutique lifestyle brand as a standalone offering within its global lifestyle portfolio. The deal, which closed June 28, 2024, supports Hyatt’s expansion across Europe by leveraging me and all hotels’ conversion-friendly development model and existing pipeline of properties primarily in Germany.

Hyatt Acquires Mr & Mrs Smith

April 28, 2023

Restaurants & Hospitality

Hyatt Hotels Corporation agreed to acquire London-based travel club and booking platform Mr & Mrs Smith for an enterprise value of £53.0 million, purchasing 100% of the asset-light platform. The acquisition is intended to strengthen Hyatt’s luxury distribution and loyalty capabilities by adding Mr & Mrs Smith’s curated collection and more than one million members to World of Hyatt; over 100 Mr & Mrs Smith colleagues are expected to join Hyatt’s Commercial Services team.

Sonesta International Hotels Corporation Acquires RLH Corporation

December 30, 2020

Restaurants & Hospitality

Sonesta International Hotels Corporation announced a definitive agreement to acquire RLH Corporation (NYSE: RLH), a franchisor with more than 900 hotels. The deal will expand Sonesta's scale and franchising capabilities, creating a combined company with roughly 1,200 hotels across multiple brands; the transaction is expected to close in the first half of 2021 and will be funded with cash-on-hand and/or capital contributions from Sonesta's shareholders.