Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets 
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook 
Amazon Stock Dips as Reports Link Company to Potential $50B OpenAI Investment 
U.S. and El Salvador Sign Landmark Critical Minerals Agreement to Boost Investment and Trade 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
Dollar Struggles as Policy Uncertainty Weighs on Markets Despite Official Support 
First Abu Dhabi Bank Reports 22% Jump in Q4 Profit, Beats Market Expectations 
Woodside Energy Flags Lower 2026 Production Outlook Despite Strong Q4 Revenue Beat 
Puma’s Historic Rivalry With Adidas Enters a New Era as Anta Deal Signals Turnaround Push 
UK Vehicle Production Falls Sharply in 2025 Amid Cyberattack, Tariffs, and Industry Restructuring 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
Gold Prices Pull Back After Record Highs as January Rally Remains Strong 
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions 
Advantest Shares Hit Record High on Strong AI-Driven Earnings and Nvidia Demand 
Samsung Electronics Posts Record Q4 2025 Profit as AI Chip Demand Soars 
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban 
Hyatt Hotels is reportedly acquiring Apple Leisure Group that is owned by KKR & Co. and KSL Capital Partners for $2.7 billion. It was announced that the hotel chain and hospitality company will be paying in cash for the deal.
According to Reuters, Hyatt Hotels Corp. revealed on Sunday, Aug. 15, that it has signed a deal to acquire Apple Leisure Group, a resort company. It was mentioned that KSL and KKR purchased the resort operator from Bain Capital in 2017, but the terms and price of their contract were not disclosed.
Hyatt Hotels Corp. is expecting that its acquisition of Apple Leisure Group will boost its revenues and increase the percentage of its earnings through the fees that will be generated from the resort’s business. Then again, despite the sale to the hotel operator, Apple Leisure Group will continue to be managed by its current chief executive officer, Alejandro Reynal.
He will lead ALG alongside the firm’s leadership crew. Reynal will also join Hyatt’s executive leadership team and will report to the hotel group’s president and CEO Mark Hoplamazian.
“With the asset-light acquisition of Apple Leisure Group, we are thrilled to bring a highly desirable independent resort management platform into the Hyatt family,” Hoplamazian, said in a press release. “The addition of ALG’s properties will immediately double Hyatt’s global resorts footprint. ALG’s portfolio of luxury brands, leadership in the all-inclusive segment and large pipeline of new resorts will extend our reach in existing and new markets, including in Europe, and further accelerate our industry-leading net rooms growth.”
Moreover, Hyatt Hotels stated it is looking to pay more than 80% of the acquisition price by combining $1 billion in cash and new debt financings. The rest of the amount which is around $500 million will be sourced from equity financing. Hyatt Hotels was able to get a $1.7 billion financing fund from JP Morgan.
Once the acquisition deal between Hyatt Hotels and Apple Leisure Group is completed, the former will eventually double its global resort footprint. Meanwhile, KKR & Co. and ALG were contacted for some comments about the sale but they did not immediately respond.
