Playa Hotels & Resorts Announces the Promotion of Two Executives: Doug Knapp Promoted to Vice President of Revenue & Yield Management, Howard Tanenbaum Promoted to Vice President of Group & Retail Sales

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FT. LAUDERDALE, Fla., July 24, 2015 (GLOBE NEWSWIRE) -- Kevin Froemming, Executive Vice President and Chief Marketing Officer, Playa Resorts Management ("Playa") today announced the promotions of Douglas Knapp to Vice President of Revenue & Yield Management, and the promotion of Howard Tanenbaum to Vice President of Group & Retail Sales. Both joined Playa as Global Directors in their respective fields in 2014 as Playa was in the process of launching the newly created Hyatt Zilara luxury all-inclusive resorts for adults, and Hyatt Ziva luxury all-inclusive resorts for guests of all ages.

"It has been an exciting 18 months for Playa as we've added three new resorts in Mexico and Jamaica, including Hyatt Zilara and Hyatt Ziva Rose Hall, and the new Hyatt Ziva Puerto Vallarta," said Mr. Froemming. "Both Doug and Howard have made exceptional contributions, and have shown great leadership as we continue our monumental growth, and expand and execute on our mission of delivering Service from the Heart™."

Froemming continued, "We are delighted with the industry and consumer accolades we are receiving as a result of the unique guest experiences that Hyatt Zilara and Hyatt Ziva resorts deliver in a way that truly embodies the Evolution of All-Inclusive™."

Playa is opening two new resorts in 2015. The Hyatt Ziva Los Cabos debuts in September and Hyatt Ziva Cancun in November. Playa also owns and manages Hyatt Zilara Rose Hall, Jamaica, Hyatt Zilara Cancun, Hyatt Ziva Rose Hall Jamaica and the Hyatt Ziva Puerto Vallarta, all of which are AAA Four Diamond Resorts. The Company also owns and manages THE ROYAL Playa del Carmen, also a AAA Four Diamond Resort, and the Gran Caribe in Cancun and Gran Porto in Playa del Carmen.

About Doug Knapp

Mr. Knapp brings more than 25 years of travel industry experience. He works with Playa's resort management team to set pricing strategy, oversee revenue management performance, identify opportunities to improve margins and occupancy, and review performance of marketing and co-operative spending. Mr. Knapp's professional career includes executive positions in finance and financial operations with American Express, Certified Vacations Group, Delta Vacations and Sky Bird Travel and Tours.

About Howard Tanenbaum

Mr. Tanenbaum oversees Playa's North American Group Meetings & Incentive Sales, as well as Retail Sales teams. He brings more than 25 years of travel industry management experience. His career included his position as President of Expedia CruiseShipCenters OVC, Vice President of Training & Consulting for GEM (VCOM), and various leadership positions with Club Med including Vice President of Sales USA. Mr. Tanenbaum began his career as the operator of a retail travel agency.

Playa Hotels & Resorts

Playa Hotels & Resort, B.V. (Playa) portfolio consists of a collection of 14 premier hotels comprising 6,175-rooms that are located in prime beach locations in Mexico, the Dominican Republic and Jamaica. In 2013, Playa Hotels & Resorts created Playa Resorts Management, the operational management component of Playa Hotels & Resorts. Playa owns and manages Hyatt Ziva Los Cabos, Hyatt Zilara & Hyatt Ziva Cancun, Hyatt Zilara & Hyatt Ziva Rose Hall Jamaica, and Hyatt Ziva Puerto Vallarta. The company also owns and operates 3 resorts under Playa's brands, The ROYAL and Gran, as well as 5 resorts in Mexico and the Dominican Republic that are managed by a third party. 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 Zilara and Hyatt Ziva. Playa will also have certain rights to operate Hyatt-branded all-inclusive resorts in five Latin American and Caribbean countries.

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 Playa Resorts Management 404.643.8222 Gayle.MacIntyre@playaresorts.com

Source:Playa Hotels & Resorts