 FAIRFAX, Va., Nov. 16, 2020 GLOBE NEWSWIRE -- Playa Hotels Resorts N.V. NASDAQ: PLYA Playa today announced that certain selling shareholders the Selling Shareholders affiliated with Farallon Capital Management, L.L.C. collectively, the Farallon Funds have commenced an underwritten secondary offering of 12,500,000 of our Ordinary Shares. The Selling Shareholders expect to grant the underwriter an option to purchase up to 1,875,000 additional Ordinary Shares. Upon consummation of the offering for the proposed number of shares offered, excluding any exercise of the option described above, the Farallon Funds aggregate beneficial ownership interest in Playa will be reduced to approximately 13.5. 