Tom Klein joined Playa Hotels & Resorts as Member of the Board of Directors
Playa Hotels & Resorts B.V. (“Playa”), a leading owner, operator, and developer of premium all-inclusive resorts, and Pace Holdings Corp. (“Pace”) (NASDAQ: PACE), a special-purpose acquisition company sponsored by an affiliate of TPG, announced today that Tom Klein will join Playa’s Board of Directors (the “Playa Board”) upon completion of the recently announced transaction between Playa and Pace. Klein is an industry veteran with more than 20 years of experience in the travel and leisure sector. Most recently, Klein served as President, CEO, and member of the Board of Directors of Sabre Corporation (“Sabre”), a leading technology provider to the global travel and tourism industry. His addition to the Playa Board is expected to represent the first step toward accelerating Playa’s growth strategy and furthering its leading position in an emerging, high-growth sector. Before serving as CEO and President, Klein held a variety of executive roles at Sabre, including group President of both Sabre Travel Network and Sabre Airline Solutions as well as company President in 2010. Early on in his career at the company, Klein led Sabre’s joint venture in Mexico. Klein earned his BS in business administration from the Villanova School of Business and currently serves on the University’s Board of Trustees. He serves on the Board of Directors of Cedar Fair LP (NYSE: FUN) and the executive committee of World Travel and Tourism Council. Klein was appointed by US Secretary of Commerce Penny Pritzker to both the President’s Advisory Council for Doing Business in Africa and the board of Brand USA where he currently serves as Chairman.
