Search events by keyword:
    
 Or search by sector, event type and location:
 
 
 
 
 
 
  Your search results will automatically update
 Clear all search options
 

Diary Highlights
Call +44 (0) 1462 431385 to advertise


Friday 16 November 2018
Diary Search
All | Today | This week
Event news powered by leisureopportunities.com
02 Mar 2018
Global head of Miraval unveils plans for growth

Hyatt has plans to grow both Miraval and Exhale following its recent acquisition of the two wellness brands, with the hospitality giant investing another US$100m (€81.4m, £72.5m) in Miraval by the end of this year, according to Marc Ellin, global head of Miraval Group.

Hyatt acquired Miraval in January 2017 for US$215m (€201m, £175m), and the investment is already paying off, said Ellin, speaking at the World Spa and Wellness Convention in London.

According to Ellin, last year, Miraval Arizona’s RevPAR grew 20.4 per cent, he said, while its daily average rate increased by 15 per cent and occupancy grew by another 6 per cent.

Ellin outlined Hyatt’s commitment to preserving the sanctity of the Miraval brand, while at the same time finding ways to expand its reach to Hyatt’s global customer base.

“As a global leader in wellness resorts and spas, we observed that Miraval understood that wellness is a mindset, not a commodity to be thrust upon consumers, which is a distinction that underscores our wellness strategy moving forward,” he said. “Miraval is truly an integrative and authentic approach to wellness and wellbeing – an approach that we, over time, think will go over the broad mention of Hyatt in general.”

Hyatt acquired Exhale – which offers cardio, barre and yoga classes along with a spa – in August 2017 for an undisclosed amount. Exhale currently has 24 locations, with a large portion concentrated across the Eastern seaboard of the US, and Ellin said the brand was a “natural fit to complement the offerings of Miraval, and over time, to expand its reach into locations at certain Hyatt properties, which will expand Exhale’s reach materially”.

Historically, Ellin said, the hospitality industry has interpreted wellness as having a well-equipped gym or healthy menu options, but Hyatt wanted to bring a more holistic, impactful approach to wellbeing to its guests. In order to do that, Hyatt looked beyond traditional segments of hospitality, moving into what he termed “adjacent spaces” to Miraval and Exhale in order to give guests more options.

“The decision to acquire both brands was motivated by our desire to focus on wellness and wellbeing in a way that the hospitality industry had not done before in a material way,” Ellin explained. “We thought it made perfect sense, considering Hyatt’s global footprint, development and structure.”

Hyatt conducted a consumer study in conjunction with The Boston Consulting Group that found consumer interest in mindfulness and wellness is high – 72 per cent of respondents saw mindfulness as being important to overall wellness, 65 per cent were open to meditation, and 41 per cent were looking for new wellness options.

“We didn’t acquire these brands just to end up with more resorts or more spas – we did it for a material kind of growth and to deepen our relationships with our guests, and to increase our involvement in our customers’ lives,” explained Ellin.

Ellin said the company is discussing how to incorporate Miraval teachings or practices into each of Hyatt’s 13 brands, and whether that differs by brand. Things like Mindful Meetings or Conscious Cooking might be brought into various properties, while Miraval Life in Balance Spas are being considered for several urban Hyatt locations, and Miraval’s Floating Meditation programme will be trialled in Exhale locations, but Ellin said he wants to be mindful of not diluting the Miraval brand.

“It’s very very special, and that’s why you’re not going to see a Miraval Resort, or for that matter a Life in Balance Spa in every Hyatt,” he explained.

The biggest opportunity, Ellin said, is exposing the World of Hyatt loyalty programme guests to Miraval programming through downloads and apps, and from allowing those guests to redeem their points at Miraval.

“We hope over time that 12-15 per cent of our business at Miraval will come from our Hyatt Point guests,” said Ellin.

Exhale will be maintained as a standalone business, but Exhale studios will also be brought into Hyatt hotels where it makes sense, said Ellin.

“Exhale really does have more legs to be integrated into Hyatt than Miraval does for the obvious reason: studios are small – between 2,500 and 4,000sq ft – while a Miraval Resort takes hundreds and hundreds of acres,” said Ellin. “We’ve put dots in the map all over the United States for the opportunity to grow Exhale. We are going lightspeed.”



Back to previous page
15 Nov 2018
Susan Cain to deliver opening keynote at 2019 ISPA
New York Times best-selling author and top TED Talk speaker Susan Cain will be the opening keynote speaker at the 2019 ISPA Conference & Expo taking place 11-13 September 2019 in Las Vegas, US. The event’s theme, ‘Evolve’, will highlight the growth of the industry and the positive road that lies ahead.
14 Nov 2018
IAAPA 2018: WhiteWater and Cirque du Soleil announce plans to 'redefine' waterpark experience
WhiteWater West and Cirque Du Soleil have announced a brand new partnership to bring Cirque-themed waterparks to life in multiple locations worldwide.
14 Nov 2018
Good Spa Guide names best UK spas
Winners of this year's Good Spa Guide Awards were announced last night (13 November) at a gala dinner at the SpaLife Conference in Birmingham, UK.
14 Nov 2018
Breaking: Calgary public votes 'no' to 2026 Olympics
Canadian city Calgary's hopes to host the 2026 Winter Olympics Games are all but over, after a public vote saw the city's residents reject the plans.
09 Nov 2018
IAAPA 2018: 35,000 gather in Orlando for record-breaking attractions expo
More than 35,000 buyers, suppliers and representatives of the attractions sector from more than 100 countries are heading to Orlando, Florida, ahead of this year's IAAPA Attractions Expo, which is set to break records once again as the organisation celebrates its centenary year.
01 Nov 2018
Leicester City, Warwickshire CCC and Leeds Rhinos among winners of 2018 IOG Awards
Groundscare teams at Leicester City FC and Leeds Rhinos rugby club are among the winners of the 2018 Institute of Groundsmanship’s (IOG) awards for groundskeeping.
29 Oct 2018
Active IQ wins Innovation of the Year award at FAB 2018
Active IQ has been declared the winner of the Innovation of the Year Award at the FAB 2018 Awards, organised by the Federation of Awarding Bodies (FAB).
29 Oct 2018
STA secures Collaboration of the Year prize at FAB Awards
Safety Training Awards, the awarding organisation of the Swimming Teachers' Association (STA), has been handed the Collaboration of the Year award at this year’s FAB Awards.
Back to previous page
Diary dates
24 Apr - 26 Nov 2018
MAPIC Russia
Expocentre
Moscow
Russia
12-16 Nov 2018
IAAPA Attractions Expo 2018
Orange County Convention Center
Orlando
United States
14-16 Nov 2018
MAPIC
Palais des Festivals
Cannes
France
19-20 Nov 2018
Israel Hotel Investment Summit (IHIS)
Hilton Hotel
Tel Aviv
Israel
20-21 Nov 2018
Sleep + Eat
Olympia
London
United Kingdom
27-27 Nov 2018
BASES Conference
Harrogate Convention Centre
Harrogate
United Kingdom
28-29 Nov 2018
MIPIM Asia
Grand Hyatt Hotel
Hong Kong SAR
05-06 Dec 2018
ARCHITECT@WORK - Germany
Messe Stuttgart - Hall 9
Stuttgart
Germany
05-06 Dec 2018
International Sports Convention (ISC)
Palexpo Convention Center
Geneva
Switzerland
05-06 Dec 2018
Esports Conference
Palexpo Convention Center
Geneva
Switzerland
05-06 Dec 2018
Turf and Grass Conference
Palexpo Convention Center
Geneva
Switzerland
05-06 Dec 2018
Stadium Connected Conference
Palexpo Convention Center
Geneva
Switzerland
05-06 Dec 2018
Sports and Sustainable Development Goals Conference
Palexpo Convention Center
Geneva
Switzerland
05-06 Dec 2018
Sports Broadcast Conference
Palexpo Convention Center
Geneva
Switzerland
more diary dates
Published by The Leisure Media Company Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © 2018 Cybertrek Ltd