Hyatt Completes Sale of 15 All-Inclusives to KSL's Tortuga
Photo Credit: One of the all-inclusives Hyatt sold to Tortuga. KSL
Skift Take
Hyatt sold its Playa Hotels portfolio to Tortuga Resorts for $2 billion, while Hilton expanded with new dual-brand properties in Puerto Rico. Plus, other hotel deal and development news.
The DJIA ended Friday, the first trading day of 2026, with a gain of 319 points, while Nasdaq was down 6, the S&P 500 rose 13 points and the 10-year treasury yield was up .02 to 4.19%. Lodging stocks were modestly higher.
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CoStar's STR reported US lodging data for the week ended 12/27. US hotel RevPAR was down -7% year over year, with occupancy leading the decline with a drop of -4.5%.
Tempo by Hilton Manassas has opened at the NOVA Live campus in Northern Virginia, introducing Hilton's Tempo brand to the region. The four-story hotel features 92 guestrooms, onsite bar & café, a speakeasy, flexible meeting spaces and a fitness center.
Construction of a new Hilton hotel along Erie Avenue SW in Perry Township, Ohio, is set to begin in the spring. The four-story hotel will be dual-branded with a Tru by Hilton hotel an
