InterContinental is set for growth with revenge travel and hybrid work trends, offering long-term and short-term investment.

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to expand its presence in Mexico and the Caribbean.

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Hyatt said it would acquire all-inclusive Playa Hotels & Resorts for $2.6 billion to gain Latin American resorts.

ITC plans to expand its hotel business internationally, beginning with neighbouring countries and West Asia, its Chairman and Managing Director Sanjiv Puri said.