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If you're a true playa: Playa Hotels & Resorts files for an IPO that could raise $300 million

Playa Hotels & Resorts, which owns 13 all-inclusive beach resorts in Mexico and the Caribbean, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate...read more

Hyatt Hotels quiet period ends Dec. 14

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Hyatt Hotels, a global upscale hotel operator and developer owned by the Pritzker family, will see its quiet period end on next Monday, Dec. 14. On Nov. 4, 2009, the company raised $950 million by offering 38 million shares at $25.00, within the range of $23.00...read more

Three out of four IPOs traded this week post strong performance

Out of the four newly public companies that began trading this week, three have posted strong results. Ancestry.com (ACOM), a popular website that provides family history information for a subscription-based fee, raised $100 million by offering 7.4...read more

Hyatt Hotels prices IPO at $25.00, within the range

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Hyatt Hotels, a global upscale hotel operator and developer, priced its $950 million IPO on Wednesday at $25, within the expected $23-$26 range. The IPO consisted of 38 million shares sold by members of the Pritzker family, who continue to own a majority of...read more