Playa Hotels & Resorts N.V. closed on the acquisition of the site for the new Hyatt Zilara Cap Cana

July 12, 2017 – Playa Hotels & Resorts N.V. (NASDAQ: PLYA) closed on the acquisition of the site for the new Hyatt Zilara Cap Cana and Hyatt Ziva Cap Cana – in the sought-after luxury development of Cap Cana, in Punta Cana, Dominican Republic.

To celebrate the acquisition and present the project, the Company held a ceremony today that was attended by the President of the Dominican Republic Danilo Medina, as well as numerous government, press and industry leaders. 

The planned luxury 750-room resort complex will feature both a Hyatt Zilara hotel for adults and a Hyatt Ziva hotel for guests of all ages within the same 40 plus acres’ beachfront site. Conveniently located only 15 minutes from Punta Cana International Airport, the beautiful dual-branded all-inclusive resort will look over a quarter mile of white sand powder beaches.

Taking inspiration from the existing six popular Hyatt Zilara and Hyatt Ziva hotels in Mexico and Jamaica, Hyatt Zilara Cap Cana and Hyatt Ziva Cap Cana will feature bold contemporary architecture infused with unique, locally-inspired design features.

“Hyatt Zilara Cap Cana and Hyatt Ziva Cap Cana mark the next step in Playa’s long-term strategy to expand our resorts throughout the Caribbean,” said Bruce Wardinski, Chairman and CEO of Playa Hotels & Resorts. “Our expansion into Cap Cana in the Dominican Republic accomplishes what has been a long-term goal and complements both our growing portfolio and consumer demand.”

Playa Hotels & Resorts 
Playa Hotels & Resorts N.V. is a leading owner, operator and developer of all-inclusive resorts in prime beachfront locations in popular vacation destinations in Mexico and the Caribbean. Playa owns a portfolio consisting of 13 resorts (6,142-rooms) located in Mexico, the Dominican Republic and Jamaica. Playa owns and manages Hyatt Zilara Cancun and Hyatt Ziva Cancun, Hyatt Zilara Rose Hall and Hyatt Ziva Rose Hall in Jamaica, Hyatt Ziva Puerto Vallarta and Hyatt Ziva Los Cabos. The Company also owns and operates three resorts under Playa’s brands, THE Royal and Gran Resorts, as well as five resorts in Mexico and the Dominican Republic that are managed by a third party. 

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