Hyatt buys wellness pioneer
Chicago – 20 January 2017
Hyatt Hotels Corporation acquires Miraval Group, a provider of wellness and mindfulness experiences, from an affiliate of KSL Capital Partners. Along with acquiring the flagship Miraval Arizona Resort & Spa, Hyatt will continue Miraval’s plans to redevelop the recently acquired 220-acre Travaasa Resort in Austin, Texas and pursue the acquisition and redevelopment of the 380-acre Cranwell Spa & Golf Resort in Lenox, Mass.
The transaction also includes the acquisition of the Miraval Life in Balance Spa brand, which opened its first location in Dana Point, California, last year.
“The Miraval acquisition reflects our commitment to super serving the high-end traveller and finding new ways … Read More