Hyatt Hotels Corporation has acquired Miraval Group, a leader in wellness resorts and spas. Their Miraval Arizona Resort & Spa in Tucson pioneered the destination wellness spa resort category with its comprehensive program of activities, experiences and personal treatments. In April 2016, Miraval opened the Life in Balance Spa at Monarch Beach Resort (formerly St. Regis Monarch Beach) in Dana Point, CA.
For over 20 years, the Miraval Arizona Resort & Spa has been considered one of the nation’s leading wellness resorts, offering a comprehensive program of imaginative, authentic and meaningful activities, experiences and personal treatments designed to help guests live life in balance. 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, Calif. last year.
The acquisition includes an initial investment of $215 million for the Miraval brand and the resorts in Tucson and Austin. Hyatt expects to invest an additional $160 million over the next two to three years to fund the expansion of the Tucson resort, the redevelopment of the Austin resort and the acquisition and redevelopment of the Lenox resort. Miraval will form a distinct new wellness category within the Hyatt portfolio of brands.
Are you excited to use your World of Hyatt (formerly Gold Passport) points at Miraval Group properties?