Travel Daily

Hyatt bites Apple


hYaTT today announced the US$2.7 billion acquisitio­n of US-based Apple Leisure Group, which operates a range of hospitalit­y assets across the globe comprising over 33,000 rooms under the AMResorts banner.

About 100 properties are covered by the “asset-light” deal under brands including Secrets Resorts & Spa, Dreams Resorts & Spas, Zoetry and Breathless, as well as European leisure operation Alua.

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