PHOTO: The Playa Hotels & Resorts crew at the Nasdaq Marketsite. (photo courtesy of Christopher Galluzzo / Nasdaq, Inc.)
WHY IT RATES: Playa Hotels & Resorts celebrated multiple milestones by ringing the Nasdaq closing bell on Tuesday. - Eric Bowman, TravelPulse Senior Editor
Playa Hotels & Resorts celebrated at the Nasdaq Marketsite this afternoon as Bruce Wardinski, Chairman and CEO of Playa Hotels & Resorts, rang the closing bell. Joining in on the celebration was Playa Hotels & Resorts Board of Directors, executive team and other VIP guests.
The celebration, which marks Playa becoming a publicly traded company is also part of a larger milestone in the hospitality business. The recent transaction also results in Playa Hotels & Resorts becoming the first and only company devoted exclusively to the all-inclusive space to become publicly traded.
Wardinski addressed the group, stating: “Our arrival on Nasdaq is an important milestone for us and marks the next step in our growth in the all-inclusive hospitality sector. It offers our stakeholders the opportunity to re-imagine all-inclusive hotels & resorts – and for our guests to experience what an all-inclusive can be. Today is a great moment for our company, and importantly, it’s another step forward in the evolution of our industry. Wardinski continued, “I would like to thank the entire team at Playa for their hard work and dedication to our vision of becoming the leader in the all-inclusive resort segment.”
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SOURCE: A Playa Hotels & Resorts press release.