Playa Hotels & Resorts N.V. has entered into exclusive discussions with Hyatt Hotels Corporation to explore strategic options, including a potential acquisition. This exclusivity agreement is set to last until February 3, 2025, although it may conclude earlier if a definitive agreement is reached. Analysts suggest that Hyatt may consider adding hotels in Mexico and Jamaica as part of a potential merger. The discussions align with Hyatt's recent trend of acquisitions, positioning the company as a major player in the all-inclusive resort sector, particularly in the U.S. and Caribbean markets. Following the announcement, Playa Hotels' stock rose by 17.1% in premarket trading.