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Hyatt’s Resort Target, Despegar’s Acquisition and Hotels vs. OTAs

In major hospitality news, Hyatt is in talks to acquire Playa Hotels & Resorts, Despegar has agreed to a $1.7 billion buyout by Prosus, and a Skift Research report suggests hotel websites could surpass OTAs by 2030 – or maybe not.

Rashaad Jorden | 2 days ago