The Company Has Also Entered into a Long-term Hotel Management Agreement with the New Owner to Manage the Resort. The Transaction Was Completed on December 15, 2023.
Net Income was $42.7 million compared to $42.7 million in 2022
Playa Hotels & Resorts N.V. (NASDAQ: PLYA announced the management of a new Wyndham Alltra resort in the Dominican Republic.
Year End Net Income was $56.7 million compared to a Net Loss of $89.7 million in 2021
Playa Hotels & Resorts N.V. (NASDAQ: PLYA), the owner, operator and developer of all-inclusive resorts in Mexico and the Caribbean, has promoted Dayna Blank from Senior Vice President, Human Resources to Executive Vice President and Chief People Officer.
Playa Hotels & Resorts N.V. (NASDAQ: PLYA), the owner, operator and developer of all-inclusive resorts in Mexico and the Caribbean has expanded its Jewel Resorts brand with the addition of the two new Jewel Resorts in the Dominican Republic.Ê
Situated along the sand beaches of the Cancun Hotel Zone, the 502-room resort features 10 restaurants and bars, a state of-the-art fitness center and a full-service holistic spa.
Net Income was $42.7 million compared to a Net Loss of $69.7 million in 2021
Full Year Net Loss was $89.7 million compared to a Net Loss of $262.4 million in 2020
Occupancy rate of 66% at an Average Daily Rate of $325. This preliminary ADR represents an approximate 39% increase compared to the same period in 2019.