Revolution Places, the owners of the Miraval Resort & Spa in Tucson, Arizona, has entered into a joint ownership agreement with private equity firm KSL Capital Partners.
The new partnership will drive the expansion of the Miraval spa and wellness brand into new markets, with plans to launch in other US locations, in Europe, and in other destinations around the world.
Nestled at the base of the stunning Catalina Mountains, Miraval Arizona Resort & Spa's 400 acres of lush Sonoran Desert creates an inspiring backdrop that is warm and welcoming year-round with luxurious accommodations and a world renowned spa.
Steve Case, chairman of Revolution, said: "For many years, we have been working to grow Miraval, to bring it to new locations and new people. Partnering with KSL allows us to accelerate these efforts, build on our success in Tucson, and take Miraval to new locations around the country and the world."
Miraval's focus on sustainable living, casita-style guest accommodations, and the spectacular new Life in Balance Spa are consistently recognized by SpaFinder, Travel+Leisure and Condé Nast Traveler year after year.
Miraval began in 1996 with a powerfully simple vision: life is more meaningful and enjoyable when physical, emotional, social, spiritual and intellectual components are in balance. Guests came to Miraval individually or with family and friends to relax, refresh, and learn to live and feel better. There were no strict regimens. Instead, choice was the guiding principle, with a wide range of programs and experiences designed to create overall well-being and help guests become more aware of themselves and their surroundings – live in the moment through the means that works best for them. In 2004, Steve Case, co-founder of AOL, became the majority owner of Miraval. Through his own memorable experience at the resort, he saw the opportunity to grow Miraval into a global lifestyle brand.