Ft. Lauderdale, FL/Puerto Vallarta, Mexico – November 11, 2014 – Playa Hotels & Resorts B.V. (“Playa”), a leading owner, operator and developer of all inclusive resorts in prime beachfront locations, is proud to announce the upcoming opening of Hyatt Ziva Puerto Vallarta, Mexico. The new all inclusive resort, which is scheduled to open December in time for the winter holiday season, is at the site of the former Dreams Puerto Vallarta. It is the culmination of an approximate $20 million expansion, renovation and repositioning that is intended to reinvent this resort destination in a way that brings effortless indulgence to the all inclusive vacation experience.

“Puerto Vallarta has long been regarded as one of the most romantic destinations in Mexico, and we believe that the resort’s distinctive Service From The Heart™ and dedication to the evolution of all inclusive luxury will land Hyatt Ziva Puerto Vallarta as the top resort in this iconic destination,” said Alex Stadlin, CEO of Playa Resorts Management. “We know that guests will delight in all the little unexpected pleasures such as tequila sommeliers, 24-hour in suite dining service with chef-designed menus, romantic fire pits to enjoy the evening with treats such as marshmallow roasts, world-class entertainment and activities, and for quiet moments, the butler service at the adult-only pool will refresh cocktails and offer cool indulgences like frozen fruit treats,” added Mr. Stadlin.

To make a reservation or learn more, please visit: www.allinclusive.hyatt.com or call 800. 233.1234.

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.