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Hyatt Achieves Minimum Condition in Tender Offer to Acquire Playa Hotels & Resorts N.V.

Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE:H), a leading global hospitality company, announced today that 101,891,119 shares of Playa Hotels & Resorts N.V. ("Playa") (NASDAQ:PLYA) (excluding 2,365,586