Hyatt Eyes ALG Stake Sale Amid All-Inclusive Sector Growth

Hyatt’s CEO Mark Hoplamazian has revealed the company is considering selling a stake in ALG Vacations, a key vacation distribution and travel services platform in its portfolio. Selling a stake could provide accretive capital to shareholders without losing operational control of ALG.

During the 2025 DofA Conference, the company reported strong performance and growth in its all-inclusive resort sector, fueled by recent developments.

Particularly, Hyatt’s acquisition of Playa Hotels & Resorts in June 2025 significantly expanded its all-inclusive resort portfolio, adding 15 resorts across Mexico, the Dominican Republic, and Jamaica. Properties include the upscale Hyatt Ziva and Zilara brands and beachfront resorts such as Secrets La Romana and Dreams La Romana.

Shortly after the acquisition, Hyatt entered into a definitive agreement to sell the entirety of Playa’s owned real estate portfolio to Tortuga Resorts for about $2 billion, with Hyatt retaining a long-term management position and preferred equity.

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