Playa Hotels & Resorts N.V. Announces Mexican Antitrust Approval of Pending Sale to Hyatt and Intent to Voluntarily Delist from the Nasdaq Subject to and Conditioned Upon the Expiration of the Tender

Hyatt Tender Offer Scheduled to Expire June 9, 2025

FAIRFAX, Va. , June 6, 2025 /PRNewswire/ -- Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the "Company" or "Playa") today announced that all required approvals relating to anti-competition filings under Ley Federal de Competencia Económica in Mexico in connection with the Company's pending sale to HI Holdings Playa B.V. ("Buyer"), an indirect wholly owned subsidiary of Hyatt Hotels Corporation (NYSE: H) ("Hyatt"), have been granted.

Antitrust approval in Mexico was the final regulatory approval required to complete the transaction. Completion of the tender offer remains subject to the conditions described in the tender offer statement on Schedule TO, including the satisfaction of the minimum tender condition by Playa sharehold