Hyatt Hotels Corp Files Material Definitive Agreement 8-K

TL;DR

Hyatt just signed a big deal, filing an 8-K today. Watch this space.

AI Summary

Hyatt Hotels Corporation entered into a material definitive agreement on February 9, 2025. The company, headquartered in Chicago, IL, filed its 8-K report on February 10, 2025, detailing this significant event. The filing also includes information on Regulation FD disclosures and financial exhibits.

Why It Matters

This filing indicates a significant new contract or partnership for Hyatt Hotels Corp, which could impact its future growth and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood by the market.

Key Players & Entities

• Hyatt Hotels Corp (company) — Registrant
• February 9, 2025 (date) — Date of earliest event reported
• February 10, 2025 (date) — Date of report filing
• Chicago, IL (location) — Principal executive offices
• 150 North Riverside Plaza (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — which registered Class A common stock, $0.01 par value H New York Stock Exchange
• $13.50 — aya (the " Shares ") at a cash price of $13.50 per Share (the " Offer Consideration ")
• $56,323,547 — greed to pay Hyatt a termination fee of $56,323,547 under specified circumstances, includin
• $8 million — to reimburse Hyatt and Buyer for up to $8 million of their reasonable and documented out-

Filing Documents

• d919073d8k.htm (8-K) — 75KB
• d919073dex21.htm (EX-2.1) — 564KB
• d919073dex991.htm (EX-99.1) — 23KB
• g919073g0209123235729.jpg (GRAPHIC) — 2KB
• 0001193125-25-023140.txt ( ) — 944KB
• h-20250209.xsd (EX-101.SCH) — 3KB
• h-20250209_lab.xml (EX-101.LAB) — 17KB
• h-20250209_pre.xml (EX-101.PRE) — 11KB
• d919073d8k_htm.xml (XML) — 3KB

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 2.1 Purchase Agreement, dated as of February 9, 2025, by and between Hyatt Hotels Corporation, HI Holdings Playa B.V. and Playa Hotels & Resorts N.V.* 99.1 Hyatt Hotels Corporation Press Release, dated February 10, 2025 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL Document. * Schedules and exhibits have been omitted pursuant to Item 601(b)(2) of Regulation S-K. Hyatt agrees to furnish supplementally a copy of any such schedule or exhibit to the U.S. Securities and Exchange Commission (the " SEC ") upon request. Additional Information and Where to Find It The tender offer for the ordinary shares of Playa referenced in this Form 8-K has not yet commenced. This Form 8-K is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell ordinary shares of Playa or any other securities, nor is it a substitute for the tender offer materials that Buyer will file with the SEC upon the commencement of the tender offer. At the time the tender offer is commenced, Buyer will file with the SEC a tender offer statement on Schedule TO (the " Tender Offer Statement "), and thereafter Playa will file with the SEC a solicitation/recommendation statement on Schedule 14D-9 (the "Solicitation/Recommendation Statement") with respect to the tender offer. Playa also intends to file with the SEC a proxy statement in connection with an extraordinary general meeting of shareholders of Playa, at which the Playa shareholders will vote on certain proposed resolutions (the " EGM Proposals ") in connection with the transactions referenced herein, and will mail the definitive proxy statement and a proxy card to each Playa shareholder entitled to vote at the extraordinary general meeting. THE TENDER OFFER STATEMENT (INCLUDING AN OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER TENDER OFFER

Forward-Looking Statements

Forward-Looking Statements This communication and the exhibits attached hereto contain certain "forward-looking statements," which statements are not historical facts, relating to Hyatt, Playa and the proposed acquisition. These statements include, but are not limited to: statements about the proposed acquisition and the expected timeline for completing the acquisition; approvals of the acquisition; ability to consummate and finance the acquisition; method of financing the acquisition; integration of the acquisition; future operations or benefits; future business and financial performance; and outcomes of the proposed acquisition involve known and unknown risks that are difficult to predict. Words such as "anticipate," "believe," "estimate," "expect," "seek," "likely," "forecast," "estimate," "continue," "intend," "may," "could," "plan," "project," "predict," "should," "would," "will" and variations of these terms and similar expressions, or the negative of these terms or similar expressions, are intended to identify such forward-looking statements. Such forward-looking statements are necessarily based upon estimates and assumptions available to us as of the date the statements are made, which are inherently uncertain. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements due to various known and unknown risks and uncertainties. Factors that may cause actual results, performance or achievements to differ materially from current expectations include, but are not limited to: the effects that the announcement or pendency of the proposed acquisition may have on us, Playa and our respective business and ability to retain and hire key personnel and maintain relationships with customers, suppliers and others with whom we or they do business; inability to obtain required regulatory or government approvals or to obtain such approvals on satisfactory conditions; inability to obtain suffi

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HYATT HOTELS CORPORATION /s/ Joan Bottarini Joan Bottarini Date: February 10, 2025 Executive Vice President, Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR