v3.26.1
ACQUISITIONS AND DISPOSITIONS (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Combination
Total purchase consideration was determined as follows:
Ordinary shares outstanding123,013,382
Less: Hyatt's previously-held ordinary shares(12,143,621)
Total number of ordinary shares acquired110,869,761
Offer Consideration per share$13.50 
Cash paid to shareholders$1,497 
Cash settlement of share-based payment awards to Terminating Employees25 
Fair value of Continuing Awards3 
Settlement of preexisting relationship (1)8 
Total purchase consideration$1,533 
(1) Represents the effective settlement of existing receivables and key money assets related to Playa Hotels, which was determined based on the respective carrying values at the acquisition date.
Schedule of Identifiable Net Assets Acquired
The following table summarizes the fair value of the identifiable net assets acquired at the acquisition date:
Purchase consideration$1,533 
Fair value of Hyatt's previously-held ordinary shares164 
Total to be allocated$1,697 
Cash and cash equivalents$195 
Receivables7 
Prepaids and other assets4 
Current assets held for sale135 
Property and equipment2 
Operating lease right-of-use assets6 
Goodwill (1)973 
Deferred tax assets2 
Other assets1 
Long-term assets held for sale1,761 
Total assets acquired$3,086 
Accounts payable$34 
Accrued expenses and other current liabilities111 
Accrued compensation and benefits8 
Current liabilities held for sale120 
Debt1,075 
Long-term operating lease liabilities5 
Other long-term liabilities1 
Long-term liabilities held for sale35 
Total liabilities assumed$1,389 
Total net assets acquired attributable to Hyatt Hotels Corporation$1,697 
(1) The goodwill is attributable to securing the ability for us to manage certain properties in the Playa Hotels Portfolio over the long term as well as the growth opportunities we expect to realize by introducing the properties to our all-inclusive platform offerings, including our distribution and destination management services and the Unlimited Vacation Club business that we manage. The goodwill, of which $865 million was recorded within our management and franchising segment and $108 million was recorded within our distribution segment, was not tax deductible at the acquisition date.
Schedule of Business Combination, Pro Forma Information
The following table presents the unaudited pro forma combined results of Hyatt and Playa Hotels as if the Playa Hotels Acquisition had occurred on January 1, 2024:
Three Months EndedSix Months Ended
June 30, 2025June 30, 2025
Total revenues$1,969 $3,941 
Net income attributable to Hyatt Hotels Corporation38 106 
Schedule of Disposal Groups, Including Discontinued Operations
The following table summarizes amounts recorded on our condensed consolidated balance sheets related to proration adjustments and other amounts to be settled with Tortuga Resorts in the future:
June 30, 2026December 31, 2025
Receivables, net$41 $41 
Other assets14 14 
Accrued expenses and other current liabilities4 —