The pandemic has done little to curb the hospitality industry’s appetite for all-inclusive expansion, with Hyatt Hotels Corp.’s agreement to acquire Apple Leisure Group (ALG) turning up the heat in
Hyatt to Acquire Apple Leisure Group, Expanding Global Brand Presence in Luxury Leisure Travel | Business
CHICAGO–(BUSINESS WIRE)–Aug 15, 2021–
Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services,
Hyatt’s Apple Leisure acquisition signals business travel will be off for a long time
That’s the clear signal being sent by Chicago-based global hotel giant Hyatt, which on Aug. 16 unveiled plans to buy KKR-backed resort operator Apple Leisure Group for $2.7 billion in
Hyatt Hotels acquires Apple Leisure Group
Amid concerns about the spread of the highly-contagious delta variant, Hyatt Hotels is expanding its luxury hotels and resorts by acquiring Apple Leisure Group from KKR and KSL Capital Partners.