Playa strikes deal with third party to sell Capri Hotel

Nasdaq-listed Playa Hotels & Resorts N.V. on Monday (April 19) announced that it has entered into a binding agreement with a third party to sell the Capri Hotel for $55 million in cash, as part of a capital-light strategy. Upon closing, Playa expects to execute a management contract and will operate the resort once it reopens after repositioning and renovation. The third party

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