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Playa Hotels & Resorts To Sell Jewel Paradise Cove Resort For $28.5 Mln In Cash

December 31, 2024 — 09:38 am EST

Written by RTTNews.com for RTTNews ->

(RTTNews) - Playa Hotels & Resorts N.V. (PLYA), Tuesday announced the decision to sell the Jewel Paradise Cove resort to a third party for a consideration of $28.5 million in cash.

The company expects the transaction to close in the first quarter of 2025.

During the pre-market hours, Playa's stock is trading at $12.64, up 2.18 percent on the Nasdaq.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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