Hyatt Hotels is in talks to spend around $1.5 billion to buy publicly traded Playa Hotels, but will likely sell them as part of its asset-light business model.

Hyatt Hotels said Monday it's in exclusive talks to potentially acquire Playa Hotels & Resorts, a move that would add many all-inclusives.

Key Takeaways Shares of Playa Hotels jumped Monday after the hotel operator said it is in discussions to be acquired by Hyatt Hotels.The exclusivity agreement Playa and Hyatt signed will run until either a deal is reached,

Hyatt is in talks to acquire Playa Hotels & Resorts, Despegar has agreed to a $1.7 billion buyout by Prosus, and a report suggests hotel websites could surpass OTAs by 2030.