Hyatt’s Playa deal is a fresh example of the asset-light model: sell the real estate, keep the brands and management contracts, and grow rooms and fee income while owners take the capital risk.
Hilton Grand Vacations, Marriott Vacations, and Wyndham Destinations may carry the hotel brand names, but all three are independent, publicly traded companies, spun off from their parent brands and operating their own development, sales, and operations despite the shared logos.
A quick explainer on how hotels really work—owners, brands, and managers often operate separately, with guest-facing flags masking the complex mix behind Hawaiʻi’s biggest properties.
Shopping Basket
REAL TALK, REAL NEWS, AND
STORIES THAT CUT DEEP.
Join the “Hawaiʻi Hotel Hui Insider” newsletter—a must-have resource for Hawaiʻi hotel industry professionals. New issues come out every first and third tuesday of the month, delivering stories that cut deep
Join the Hui
No PR fluff. No Spin. No BS. Free. Local. Delivered twice a month.
REAL TALK, REAL NEWS
AND STORIES THAT CUT DEEP.
No PR fluff. No Spin. No BS.
Free. Local. Delivered twice a month.