InsightsSuccess
Subscribe Now!
Get A Chance To Feature In Magazine By Submitting Your Interview Today!
No Result
View All Result
InsightsSuccess
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Blog
  • Conferences
No Result
View All Result
InsightsSuccess
No Result
View All Result

Hyatt hotels acquire Miraval wellness brand

Hyatt hotels acquire Miraval wellness brand - Insights Success

Chicago-based Hyatt Hotels Corporation has acquired the Miraval Group, a wellness resort and spa company best known for its destination wellness spa resort, Miraval Arizona Resort & Spa in Tucson. Hyatt purchased Miraval from an affiliate of KSL Capital Partners, a private equity firm with a number of hospitality investments, with its own recent acquisition of Apple Leisure Group.
Hyatt will be paying $215 million for the Miraval brand and the company’s two flagship destination wellness spa resorts in Tucson, Arizona and the Travaasa Resort in Austin. Hyatt will also be investing an additional $160 million in the next few years to redevelop both resorts and to acquire and redevelop a third, the Cranwell Spa & Golf Resort in Lenox, Mass.
Even though the deal seems relatively small, it signifies that the trend towards wellness has as significant appeal among business travelers, which represent more than 70 percent of Hyatt’s business.
“There is a clear focus on wellness at many corporations to really promote a holistic approach to the individuals that are working for them so they can be more productive and happier,” says Mark Hoplamazian, Hyatt CEO.
Highly influential and a pioneer in the category of wellness research and programming, Miraval’s flagship resort include Mindfulness Stress Mastery, the ABCs of Emotional Intelligence. Its famed Equine Experience lets participants commune with horses as a means to “notice personal patterns of learned behavior that may be holding you back from the life you want to live.” It combines these experiences with five-star luxury accommodations.
Hyatt recognizes the potential in bringing Miraval’s programming and experiences to their own clientele, both by luring them as individuals or in corporate groups via Miraval’s destination resorts as well as by bringing Miraval spas or elements of them to Hyatt’s hotels, which number some 650.
Considering Miraval is relatively small, with only two resort properties and one standalone spa at the moment, Hyatt’s decision to acquire Miraval seems like a strategic move on their part to grow and continues to be in high demand in the global wellness industry.
 

Previous Post

China’s Weibo overtakes Twitter in market capitalization for the First time

Next Post

Researchers Create Artificial 3-D Beating Heart That Harmonizes with Our Existing Ones

Next Post
Researchers Create Artificial 3-D Beating Heart That Harmonizes with Our Existing Ones - Insights Success

Researchers Create Artificial 3-D Beating Heart That Harmonizes with Our Existing Ones

// < ?php // if ( post_password_required() ) // return; // $comment_load = get_theme_mod('jnews_comment_load', 'normal'); // $comment_type = apply_filters('jeg_comment_type', get_theme_mod('jnews_comment_type', 'wordpress')); // $is_normal_load = true; // if($comment_type === 'wordpress') // { // $is_normal_load = true; // } else { // $is_normal_load = ( $comment_load === 'normal' ); // } // if($is_normal_load) // { // get_template_part('fragment/comments'); // } else { // get_template_part('fragment/comments', 'button'); // }

Recent News

After Indian Ministers Fail to Persuade Musk to Incorporate His Tesla Business in India, Musk Has Shifted His Focus to Indonesia
Recent News

After Indian Ministers Fail to Persuade Musk to Incorporate His Tesla Business in India, Musk Has Shifted His Focus to Indonesia

Elon Musk, the CEO of Tesla and SpaceX, is slated to visit Indonesia in November as he wraps up operations...

Read more
Asian-Equities

Asian Equities Struggle Following Crippling China Statistics

Elon-Musk

Elon Musk’s Legal Issues Are Causing Tesla and Twitter Stock to Fall

Google-logo

300 European Publishers Sign Content Deals with Google

A-apple-smartphone

Under a New Digital Watchdog, the UK Is Pushing for Stricter Tech Regulations

Path Breakers

Hubstaff

Hubstaff: Time and Workforce Management at Your Fingertips Virtually

Evonence LLC – Expert Google Workspace Partner Across North America

Evonence LLC – Expert Google Workspace Partner Across North America

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Booster Box – A Passionate International Performance Marketing Agency for PPC Advertising Campaigns

Gary Olson | CEO | GHO Group LLC

GHO Group LLC: Bringing Vision to Reality

Josh Usheroff | Co-Founder | Black Box Productions

Black Box Productions: Crafting Visually Engaging Stories

Insights Success is an archway that caters to Entrepreneurs’ quench of technology and business updates which are currently ruling the business world.
We are ceaselessly proving the best platform for leading companies, which aids indefinite progress while creating meaningful learning experiences for the visitors and invaluable brand awareness for the clients.

  • About Us
  • Advertise With Us
  • General Disclaimer
  • Terms & Condition
  • Privacy Policy
  • Subscribe
  • Contact Us

© Copyright 2022, InsightsSuccess | All Rights Reserved.

No Result
View All Result
  • Home
  • Industry Insider
  • Magazine
  • Franchises
  • Women In Business
  • Blog
  • Conferences
  • IT & Innovations
  • Leadership
  • Healthcare
  • Money
  • Startups

© Copyright 2022, InsightsSuccess | All Rights Reserved.