Hotel Brands
Hyatt to acquire Apple Leisure Group
Following the move ALG’s business will continue to be led by current ALG CEO Alejandro Reynal and the current ALG leadership team
Hyatt Hotels Corporation has announced that it has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7bn (£1.97bn).
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