Hyatt to Double Its International Resorts With $2.7 Billion Apple Leisure Group Purchase

Hyatt to Double Its International Resorts With $2.7 Billion Apple Leisure Group Purchase
A Hyatt Place hotel sign marks its location in Carnberry, Pa., on May 4, 2017. Keith Srakocic/AP Photo
Tribune News Service
Updated:
By Lauren Zumbach From Chicago Tribune

CHICAGO—Hyatt is buying resort company Apple Leisure Group for $2.7 billion in a bet that luxury leisure travel will continue to recover from the COVID-19 pandemic.