Hyatt Expands Its Empire: Inks Deal To Bring Standard Hotels Under Its Wing
Hyatt Expands Its Empire: Inks Deal To Bring Standard Hotels Under Its Wing
The transaction, expected to close later this year, is subject to customary closing conditions.Hyatt Hotels Corporation (NYSE:H) disclosed plans to acquire Standard International for a base purchase price of $150 million, with up to an additional $185 million as more properties join the portfolio.
凯悦酒店公司（纽交所：H）披露了收购Standard International的计划，基本购买价格为15000万美元，如有更多物业加入资产组合，最多可再增加18500万美元。
The acquisition includes over 30 projects with signed agreements or letters of intent, including new properties set to open in the next 12 months, such as The Standard, Pattaya Na Jomtien, The StandardX, Bangkok Phra Arthit, and Bunkhouse Hotels Saint Augustine and Hotel Daphne.
本次收购包括签署协议或意向书的30多个项目，其中包括将在接下来的12个月内开业的新物业，如The Standard，Pattaya Na Jomtien，The StandardX，Bangkok Phra Arthit和Bunkhouse Hotels Saint Augustine和Hotel Daphne。
Stabilized fees from the base purchase are expected to be around $17 million, with potential additional fees of up to $30 million if the contingent purchase price is fully paid.
基本购买价格预计 stabilised 的费用将约为1700万美元，如果完全支付了应付购买价格，潜在的额外费用最高可达3000万美元。
The transaction, expected to close later this year, is subject to customary closing conditions.
该交易预计将于今年晚些时候结束，须遵循通常的交割条件。
This move strengthens Hyatt's position in the lifestyle segment. With this deal, Hyatt plans to create a new lifestyle group headquartered in New York City, led by Standard International's Executive Chairman Amar Lalvani.
此举将增强凯悦在生活方式领域的地位。凯悦计划在纽约设立一个总部位于纽约的新生活方式集团，由Standard International的执行主席Amar Lalvani领导。
The asset-light portfolio includes management, franchise, and license contracts for 21 hotels with about 2,000 rooms, such as The Standard, London, The Standard, High Line in New York City, and The Standard, Bangkok Mahanakhon.
该投资轻资产组合包括管理、特许经营和许可合同，涵盖了21家酒店，约有2000间客房，如伦敦的The Standard, High Line酒店以及曼谷的The Standard, Bangkok Mahanakhon酒店。
After closing, Hyatt plans to integrate these hotels into the World of Hyatt, extending this lifestyle portfolio to its 48 million loyalty members.
关闭后，凯悦计划将这些酒店整合到凯悦全球会员计划（World of Hyatt）中，将这一生活方式组合扩展到其4800万会员。
Mark Hoplamazian, President and Chief Executive Officer, Hyatt said, "These properties truly drive the zeitgeist, creating destinations unto themselves with celebrated and talked-about programming and events, such as the Met Gala afterparty."
凯悦总裁兼首席执行官Mark Hoplamazian表示：“这些物业确实引领着时代的潮流，成为自身的目的地，通过备受赞誉和讨论的节目和活动，如大都会博物馆晚会后派对。”
Last week, Hyatt Hotels completed the sale of the 1,641-room Hyatt Regency Orlando and 45 acres to RIDA Development and Ares Management for $1.07 billion.
上周，凯悦酒店以10.7亿美元的价格将1641间房的凯悦奥兰多酒店和45英亩土地出售给RIDA Development和ares management。
This month, Hyatt Hotels reported second-quarter 2024 sales of $1.703 billion, missing the consensus estimate, and adjusted EPS of $1.53, surpassing the analyst consensus of $1.17.
这个月，凯悦酒店报告了2024年第二季度销售额为17.03亿美元，未达到共识预期，并调整每股收益为1.53美元，超过了分析师预估的1.17美元。
Investors can gain exposure to the stock via Capitol Series Trust The Nightview Fund NITE (NYSE:NITE), and Tema ETF Trust Tema Luxury ETF (NYSE:LUX).
投资者可以通过Capitol Series Trust The Nightview Fund NITE（纽交所：NITE）和Tema ETF Trust Tema Luxury ETF（纽交所：LUX）来获得该股票的投资机会。
Read: Hyatt Hotels Analysts Cut Their Forecasts Following Q2 Results
阅读：凯悦酒店分析师在二季度业绩公布后下调预测。
Price Action: H shares are trading lower by 0.74% at $142.00 premarket at the last check Wednesday.
价格走势：截至上周三的预市交易中，H股下跌0.74%，报价142.00美元。
Image via Shutterstock
图片来自shutterstock。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
