FX.co ★ Playa Hotels & Resorts To Sell Jewel Paradise Cove Resort For $28.5 Mln In Cash

Playa Hotels & Resorts N.V. (PLYA) announced on Tuesday its decision to sell the Jewel Paradise Cove resort to a third party for $28.5 million in cash. The company anticipates that the transaction will be finalized in the first quarter of 2025. In pre-market trading, Playa's stock is up by 2.18%, currently priced at $12.64 on the Nasdaq.