Playa Hotels & Resorts N.V.

Owned Resorts

Yucatán Peninsula

Hyatt Ziva Cancún · Cancún, Mexico · Hyatt Ziva (all ages) · Playa · 1975; 1980; 1986; 2002; 2015 · 547

Hyatt Zilara Cancún · Cancún, Mexico · Hyatt Zilara (adults-only) · Playa · 2006; 2009; 2013; 2017 · 310

Wyndham Alltra Cancún · Cancún, Mexico · Wyndham (all ages) · Playa · 1985; 2009; 2017 · 458

Hilton Playa del Carmen All-Inclusive Resort · Playa del Carmen, Mexico · Hilton (adults-only) · Playa · 2002; 2009; 2019 · 524

Wyndham Alltra Playa del Carmen · Playa del Carmen, Mexico · Wyndham (adults-only) · Playa · 1996; 2006; 2012; 2017 · 287

Pacific Coast

Hyatt Ziva Los Cabos · Cabo San Lucas, Mexico · Hyatt Ziva (all ages) · Playa · 2007; 2009; 2015 · 591

Hyatt Ziva Puerto Vallarta · Puerto Vallarta, Mexico · Hyatt Ziva (all ages) · Playa · 1969; 1990; 2002; 2009; 2014; 2017 · 335

Hilton La Romana All-Inclusive Resort · La Romana, Dominican Republic · Hilton (adults-only) · Playa · 1997; 2008; 2019 · 356

Hilton La Romana All-Inclusive Resort · La Romana, Dominican Republic · Hilton (all ages) · Playa · 1997; 2008; 2019 · 418

Hyatt Ziva Cap Cana · Cap Cana, Dominican Republic · Hyatt Ziva (all ages) · Playa · 2019 · 375

Hyatt Zilara Cap Cana · Cap Cana, Dominican Republic · Hyatt Zilara (adults-only) · Playa · 2019 · 375

Jamaica

Hyatt Ziva Rose Hall · Montego Bay, Jamaica · Hyatt Ziva (all ages) · Playa · 2000; 2014; 2017 · 276

Hyatt Zilara Rose Hall · Montego Bay, Jamaica · Hyatt Zilara (adults-only) · Playa · 2000; 2014; 2017 · 344

Hilton Rose Hall Resort & Spa · Montego Bay, Jamaica · Hilton (all ages) · Playa · 1974; 2008; 2017 · 495

Jewel Paradise Cove Beach Resort & Spa (1) · Runaway Bay, Jamaica · Jewel (adults-only) · Playa · 2013 · 225

Jewel Grande Montego Bay Resort & Spa (2) · Montego Bay, Jamaica · Jewel (all ages) · Playa · 2016; 2017 · 88

Total Rooms Owned · 6,004

Managed Resorts (3)

Sanctuary Cap Cana · Punta Cana, Dominican Republic · The Luxury Collection by Marriott (adults-only) · Playa · 2008; 2015; 2018 · 324

Jewel Grande Montego Bay Resort & Spa · Montego Bay, Jamaica · Jewel (condo-hotel) · Playa · 2016; 2017 · 129

The Yucatán Playa del Carmen All-Inclusive Resort(4) · Playa del Carmen, Mexico · Tapestry Collection by Hilton (adults-only) · Playa · 2012 · 60

Seadust Cancún Family Resort · Cancún, Mexico · Seadust (all ages) · Playa · 2006; 2022 · 502

Kimpton Tres Ríos Riviera Maya (5) · Playa del Carmen, Mexico · Kimpton (all ages) · Playa · 2008; 2023 · 255

Wyndham Alltra Vallarta · Nuevo Vallarta, Mexico · Wyndham (all ages) · Playa · 2009; 2022 · 229

Wyndham Alltra Samaná (6) · Samaná, Dominican Republic · Wyndham (all ages) · Playa · 1999; 2014; 2023 · 404

Wyndham Alltra Punta Cana (7) · Punta Cana, Dominican Republic · Wyndham (all ages) · Playa · 2004; 2024 · 620

Paraiso de la Bonita (8) · Riviera Maya, Mexico · The Luxury Collection by Marriott (adults-only) · Playa · 2001; 2024 · 100

Total Rooms Operated · 2,623

Total Rooms Owned and Operated · 8,627

(1) On December 18, 2024, we entered into an agreement to sell this resort to a third-party. On February 20, 2025, we completed the sale.

(2) Represents an 88-unit tower and spa owned by us. We manage the majority of the units within the remaining two condo-hotel towers owned by Sagicor Financial Corporation Limited that comprise the Jewel Grande Montego Bay Resort & Spa.

(3) Owned by a third party.

(4) We terminated our management agreement for this resort in February 2025.

(5) We entered into a management agreement to operate this resort during the second quarter of 2022. The resort is currently undergoing renovations and we expect to commence operations in mid 2025.

(6) We entered into a management agreement to operate this resort during the first quarter of 2023. We commenced operations in March 2024.

(7) We entered into a management agreement to operate this resort, formerly the Jewel Punta Cana, in connection with its sale in December 2023. The resort is currently closed for renovations and we expect to commence operations in early 2025.

(8) We entered into a management agreement to operate this resort during the second quarter of 2024. We commenced operations in January 2025.

• Playa Resorts Holding B.V. Netherlands³
• Playa Resorts Management Mexico, S. de R.L. de C.V. Mexico³
• Playa Riviera Maya B.V. Netherlands³
• Playa Rmaya One, S. de R.L. de C.V. Mexico³
• Playa Romana Mar B.V. Netherlands³
• Playa Romana Mar B.V. (DR Branch) Dominican Republic³
• Rio Ensenada Mammee Resort Limited Jamaica³
• Services PLYA Hotels Limited Jamaica³
• Servicios PLYA DR Hoteles, S.A.S. Dominican Republic³
• Servicios PLYA Hotels & Resorts, S. de R.L.de C.V. Mexico³

• Terrorist acts, armed conflict, civil unrest, criminal activity and threats thereof, and other international events impacting the security of travel or the perception of security of travel could adversely affect the demand for travel generally and demand for vacation packages at our resorts.
• Global health pandemics, epidemics, and/ or other public health emergencies could have a significant material adverse effect on our business, results of operations, cash flows and financial condition.
• Our success depends in large part on the success of our third-party brand partners.
• If we are not able to satisfy the requirements imposed by our third-party brand partners, our relationship with these partners could deteriorate.
• There are very few restrictions on the ability of our third-party brand partners, including Hyatt, to compete with us.
• We are subject to competition from global hospitality branded companies in the all-inclusive market segment.
• The results of operations of our resorts may be adversely affected by various operating risks common to the lodging industry, including competition, over-supply and dependence on tourism, which could have a material adverse effect on us.
• Our resort development, acquisition, expansion, repositioning and rebranding projects will be subject to timing, budgeting and other risks.
• Given the beachfront locations of our resorts, we are particularly vulnerable to severe weather events, such as hurricanes, which may increase in frequency and severity as a result of climate change and adversely affect our business.
• The coastlines of a number of the regions where our resorts are concentrated have experienced elevated levels of sargassum seaweed in recent years.
• Our insurance may not be adequate to cover our potential losses, liabilities and damages, the cost of insurance may continue to increase materially, including as a result of severe weather events that may be related to climate change, and we may not be able to secure insurance to cover all of our risks.
• Labor shortages could restrict our ability to operate our properties or grow our business or result in increased labor costs that could adversely affect our results of operations and cash flows.
• A significant number of our employees are unionized, and labor negotiations or work stoppages could disrupt our operations.
• The availability and affordability of commercial airline and tour operator services is important to our business.
• Our resorts require ongoing and often costly maintenance, renovations and capital improvements.
• We have substantial debt outstanding that requires significant payments of principal and interest.
• The agreements which govern our various debt obligations impose restrictions on our business and limit our ability to undertake certain actions.
• Our variable rate indebtedness is priced using a spread over SOFR and subjects us to interest rate risk, which could cause our debt service obligations to increase significantly.
• Any mortgage debt we incur will expose us to increased risk of property losses due to foreclosure, which could have a material adverse effect on us.
• We may become subject to disputes or legal, regulatory or other proceedings that could involve significant expenditures by us.
• Some of the resorts in our portfolio located in Mexico were constructed and renovated without certain approvals. The authority granted to the Mexican government is plenary and we can give no assurance it will not exercise its authority to impose fines, remediation measures or close part or all of the related resort(s), which could have a material adverse effect on us.
• Our wholly-owned subsidiary Playa Resorts Holding B.V. may be required to obtain a banking license and/or may be in violation of the prohibition to attract repayable funds as a result of having issued senior notes and borrowing under our Senior Secured Credit Facility, which could have a material adverse effect on us.
• The seasonality of the lodging industry could have a material adverse effect on us.
• The cyclical nature of the lodging industry may cause fluctuations in our operating performance.
• The increasing use of online travel agencies by consumers could have a material adverse effect on us.
• Cyber risk and the failure to maintain the integrity of internal or guest data could harm our reputation and result in a loss of business and/or subject us to costs, fines, investigations, enforcement actions or lawsuits.
• Information technology systems, software or website failures or interruptions could have a material adverse effect on our business or results of operations.
• We may be subject to unknown or contingent liabilities related to our existing resorts and resorts that we acquire, which could have a material adverse effect on us.
• We could be exposed to liabilities under the FCPA and other anti-corruption laws and regulations, including non-U.S. laws, any of which could have a material adverse impact on us.
• Our existing resorts and resorts that we may acquire may contain or develop harmful mold that could lead to liability for adverse health effects and costs of remediating the problem.
• Illiquidity of real estate investments could significantly impede our ability to sell resorts or otherwise respond to adverse changes in the performance of our resorts.
• We could incur significant costs related to government regulation and litigation with respect to environmental matters.
• The tax laws, rules and regulations (or interpretations thereof) in the jurisdictions in which we operate may change.
• Increases in property taxes would increase our operating costs, which could have a material adverse effect on us.
• Risks Related to Ownership of Our Ordinary Shares
• The rights of our shareholders and the duties of our directors are governed by Dutch law, our Articles of Association and internal rules and policies adopted by our Board and differ in some important respects from the rights of shareholders and the duties of members of a board of directors of a U.S. corporation.
• We are organized and existing under the laws of the Netherlands, and, as such, the rights of our shareholders and the civil liability of our directors and executive officers, are governed in certain respects by the laws of the Netherlands.
• Sagicor owns a significant number of our ordinary shares and has representation on our Board, and may have interests that differ from those of our other shareholders.
• Provisions of our Articles of Association or Dutch corporate law might deter or discourage acquisition bids for us that shareholders might consider to be favorable and prevent or frustrate any attempt to replace or remove our Board at the time of such acquisition bid.
• Provisions of our franchise agreements with Hyatt might deter acquisition bids for us that shareholders might consider to be favorable and/or give Hyatt the right to terminate such agreements if certain persons obtain and retain more than a specified percentage of our ordinary shares.
• Future issuances of debt securities and equity securities may adversely affect us, including the market price of our ordinary shares and may be dilutive to existing shareholders.
• Our shareholders may not have any preemptive rights in respect of future issuances of our ordinary shares.
• We are not obligated to and do not comply with all the best practice provisions of the Dutch Corporate Governance Code (the “DCGC”). This could adversely affect your rights as a shareholder.
• If our disclosure metrics relating to climate change and other sustainability topics are lower than those of our peers, this may lead to reputational risk or other financial repercussions.
• If, based on Mexican law, the accounting value of our ordinary shares is derived more than 50% from property in Mexico, it could result in the imposition of tax on a selling shareholder who is not eligible to claim benefits under the income tax treaty between Mexico and the United States or under any other favorable income tax treaty with Mexico.