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by Legal Desire
2 January 2026

Latham & Watkins Advises Hyatt Hotels in Completed US$2 Billion Sale of Playa’s Owned Real Estate Portfolio

Advising firms

Deal team

5 lawyers named
LawyerFirmSeniorityPracticeOffice
Emily Stegich Lead Latham & Watkins LLP Counsel Not stated Chicago
Rachel Bates Latham & Watkins LLP Partner Not stated Not stated
Jonathan Solomon Latham & Watkins LLP Partner Not stated Not stated
Cathy Birkeland Latham & Watkins LLP Partner Not stated Not stated
Michael Pucker Latham & Watkins LLP Partner Not stated Not stated

Stated terms

Stated value
USD 2bn (approximately US$2 billion)
What the figure measures
Total transaction value
Client
Hyatt Hotels CorporationSell-side
Counterparties
Tortuga Resorts (Buy-side)