FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Hyatt Hotels Corp
(Last) (First) (Middle)
C/O HYATT HOTELS CORPORATION
150 NORTH RIVERSIDE PLAZA, 8TH FLOOR
(Street)
CHICAGO, IL 60606
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/11/2025 		3. Issuer Name and Ticker or Trading Symbol
Playa Hotels & Resorts N.V. [ PLYA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares 116,080,848
I
See Footnote (1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Ordinary Shares reported herein are held of record by HI Holdings Playa B.V., which is a wholly owned subsidiary of Hyatt International Holdings Co., which is a wholly owned subsidiary of Hyatt International Corporation, which is a wholly owned subsidiary of AIC Holding Co., which is a wholly owned subsidiary of Hyatt Hotels Corporation. Each of Hyatt Hotels Corporation, AIC Holding Co., Hyatt International Corporation and Hyatt International Holdings Co. may be deemed to share beneficial ownership of the securities reported herein.
Remarks:
Exhibits
24.1 - Power of Attorney,
24.2 - Power of Attorney, &
24.3 - Power of Attorney
Hyatt Hotels Corporation, /s/ Margaret C. Egan, Executive Vice President, General Counsel and Secretary 06/13/2025
** Signature of Reporting Person Date
AIC Holding Co, /s/ Margaret C. Egan, as Attorney-in-Fact 06/13/2025
** Signature of Reporting Person Date
Hyatt International Corporation, /s/ Margaret C. Egan, Executive Vice President and Secretary 06/13/2025
** Signature of Reporting Person Date
Hyatt International Holdings Co., /s/ Margaret C. Egan, as Attorney-in-Fact 06/13/2025
** Signature of Reporting Person Date
HI Holdings Playa B.V., /s/ Margaret C. Egan, as Attorney-in-Fact 06/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

EX-24.1

EX-24.2

EX-24.3