Hyatt Acquires Miraval Group, Plans New Resorts

Hyatt announced yesterday its plan to acquire the New York-based wellness resort chain Miraval Group. The deal is estimated at $375 million, and includes Miraval’s two existing resorts in Tucson, Arizona, and Austin, Texas. In addition to the buyout, Hyatt is also planning the creation and rebranding of additional resorts under the Miraval name by 2019. [Read more…]