AUSTIN, Texas
Miraval Group acquired the 220-acre Travaasa Austin Resort in the Hill Country of Texas, which it will redevelop and expand into a 120-room destination wellness resort, its first in Texas and the South.
The purchase, from a wholly owned subsidiary of Amstar Group LLC, closed this week following the approval of Miraval’s development plans. The project is expected to be completed by January 2019.
Miraval Group will renovate the existing inventory, add 50 rooms, more than double the spa space, expand the main restaurant and construct several facilities, including a unique equine experience.
Steven A. Rudnitsky, Miraval Group president & CEO, said the project would “build on the momentum of the company’s nationwide growth plan,” following the opening of the Miraval Life in Balance Spa at Monarch Beach Resort in Dana Point, Calif., and its redevelopment of the Cranwell in Lenox, Mass.
“We selected Travaasa Austin for a host of reasons, including its hilltop location that provides extraordinary views of Lake Travis and a sense of place,” he said. “The campus is surrounded by protected lands, providing privacy and protection from distractions of the outside world—key attributes of the Miraval Experience. In addition, the existing staff is a good fit for the Miraval culture.”
The resort will continue operating as Travaasa Austin throughout the redevelopment process over the next few years, and is expected to be relaunched as Miraval Austin sometime in early 2019.
Travaasa Austin’s largest meeting space is currently the 2,795-square-foot Lone Star Room, which can support 144 attendees seated banquet-style, 122 classroom-style and 46 in a u-shape setup.
