Hyatt Hotels has agreed to acquire spa operator Exhale, continuing
to expand its presence in the wellness field. The purchase price was not
disclosed.
Hyatt will oversee 25 Exhale locations in the U.S. and
Caribbean. Hyatt is planning to expand Exhale to Hyatt hotels and in freestanding
locations.
Exhale, founded in 2002, already has hotel locations at New
York's Gansevoort Meatpacking NYC, Santa Monica's Fairmont Miramar and Loews
hotels in Atlanta and Miami. Hyatt says the acquisition won't impact those
operations. Hyatt said will consider expansion to non-Hyatt hotels in the future.
Hyatt plans to offer Exhale-related perks for to members of
the World of Hyatt loyalty program.
Earlier this year, Hyatt acquired resort and spa operator
Miraval Group from KSL Capital Partners for $215 million, and said at the time
that it would spend another $160 million expanding the Miraval Arizona and
building out the brand's Texas and Massachusetts sites within the next three
years.