Playa Hotels & Resorts Names Francisco J. Silva General Manager for the New Hyatt Ziva Los Cabos

FT. LAUDERDALE, Fla. and LOS CABOS, Mexico, March 6, 2014 (GLOBE NEWSWIRE) -- Alex Stadlin, Chief Executive Officer, Playa Resorts Management ("Playa") today announced the appointment of Francisco J. Silva as General Manager for the Hyatt Ziva Los Cabos. Mr. Silva joins Playa from Villa del Arco Resort & Spa in Los Cabos.

The new Hyatt Ziva Los Cabos opened this past November and has already been recognized as a AAA Four Diamond Resort. Located beachfront on the spectacular Sea of Cortes in San Jose del Cabo, Mexico, Hyatt Ziva Los Cabos is the premier Hyatt-branded all-inclusive resort. Hyatt Ziva Los Cabos offers 619 spacious guest suites; eight restaurants and six bars and lounges; 35,000 square feet of conference and event space; as well as breathtaking outdoor group event venues that feature the resort's private lagoons and expansive beach.

"We welcome Francisco's expertise in managing upscale and luxury resorts throughout Mexico and the US," said Stadlin. "Francisco is a proven leader with experience in elevating guest satisfaction. Most importantly, he embraces our mission to set a new standard for the all-inclusive resort experience which combines Hyatt's world renowned service and food and beverage reputation with Playa's expertise in the all-inclusive market," added Stadlin.

Mr. Silva succeeds Hernan Vanegas as General Manager at the Hyatt Ziva Los Cabos. Mr. Vanegas, who has been with Playa Resorts in various capacities since its inception, has accepted the position of Vice President of Asset Management in Mexico for Playa Resorts Management and will be headquartered at Playa's office in Cancun.

Mr. Silva brings more than 30 years of hospitality industry management experience to his new position. Throughout his significant career he has also served as General Manager for such high profile resorts as the Westin Playa Bonita Resort & Spa, Panama; Dreams Los Cabos; and Casa del Mar Golf & Spa Resort, Los Cabos, Baja California, Mexico. Mr. Silva is a graduate of the University of Mexico and is a past president of the Mexico Hotel Association in Guadalajara. He can be reached at Fransciso.Silva@hyatt.com. More information about Hyatt Ziva Los Cabos can be found at www.loscabos.ziva.hyatt.com.

About Playa Hotels & Resorts:

Playa Hotels & Resorts B.V. is a leading owner, operator and developer of all-inclusive beach resorts. Playa Resorts Management is the operational management component of the organization. Playa's portfolio consists of a collection of thirteen premier resorts comprising 5,805-rooms that are located in prime beach locations in Mexico, the Dominican Republic and Jamaica. Playa owns and manages Hyatt Ziva Los Cabos, Hyatt Zilara Cancún and, opening in 2014, Hyatt Ziva Rose Hall Jamaica, Hyatt Ziva Puerto Vallarta and Hyatt Ziva Cancún. The company also owns and operates three resorts under Playa's brands, The ROYAL and Gran, as well as five resorts in Mexico and the Dominican Republic that are managed by AMResorts under their Dreams and Secrets brands. Under an agreement with an affiliate of Hyatt Hotels Corporation (NYSE:H), Playa will pursue the acquisition or development of new all-inclusive resort opportunities under two new Hyatt all-inclusive brands—Hyatt Ziva and Hyatt Zilara. Playa will also have certain rights to operate Hyatt-branded all-inclusive resorts in five Latin American and Caribbean countries on an exclusive basis through 2018. For more information visit: www.playaresorts.com.

Note: Certain matters discussed herein are forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Certain, but not necessarily all, of such statements can be identified by the use of forward-looking terminology, such as "believes," "expects," "may," "will,""should," "estimates" or "anticipates" or the negative thereof or comparable terminology. All forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual transactions, results, performance or achievements of the Company to be materially different from any future transactions, results, performance or achievements expressed or implied by such forward-looking statements. These may include: (i) national and local economic and business conditions or governmental regulations that will affect demand.

CONTACT: MEDIA CONTACT: Gayle MacIntyre gaylemacintyre@bellsouth.net 404.643.8222Source:Playa Hotels & Resorts

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