Hospitality company Hyatt Hotels Corp (NYSE:H) has agreed to acquire Apple Leisure Group (ALG), a luxury resort-management services, travel, and hospitality group,…
Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading leisure travel and resort brand management company and top-ten operator of luxury hotels, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The t