Canyon Ranch To Receive Additional $150 Million Investment In Growth Partnership With Vici Properties

Jul 27, 2023•over 2 years ago

Amount Raised

$150 Million

Fort WorthHotelHospitality

Investors

ViciCanyon Ranch Wellness ClubsCanyon RanchVici Properties

Description

Canyon Ranch, a pioneer in destination wellness, today announced the Canyon Ranch–VICI Growth Partnership with VICI Properties (NYSE: VICI) ("VICI Properties"), an experiential focused real estate investment trust, aiming to expand the reach of Canyon Ranch's integrative wellness offerings across North America and beyond. The announcement comes as Canyon Ranch sets its sights on Texas as the first location to debut both a destination resort and Canyon Ranch Wellness Clubs within one market. The inaugural Wellness Club opens this fall in Fort Worth, with a Houston location in the summer of 2024, and the Canyon Ranch Austin resort opens in 2025.

Company Information

Company

Canyon Ranch

Location

Fort Worth, Texas, United States

About

Since its founding in 1979, Canyon Ranch has been a trailblazer and an industry-leading proponent of integrative wellness, operating a celebrated collection of immersive, life-changing destinations that inspire the well way of life. Award-winning resorts in Tucson, Arizona, and Lenox, Massachusetts, a new wellness retreat in Woodside, California, and the largest day spa in North America at The Venetian® Resort in Las Vegas offer Canyon Ranch guests lasting transformation, with experience pathways composed to answer their wellness intentions. Behind it all, personal guidance from world-class experts in health and healing, food and nutrition, spa and skincare services, fitness and movement, and mind and spirit impact Canyon Ranch guests long after they leave. ** NOTE ** Please be advised that there has been some fraudulent activity on our Linkedin account regarding false job postings. We encourage all potential candidates to follow the below protocols and to be diligent when sharing any personal information: 1. Check the job posting is live and valid via our careers page: https://careers.canyonranch.com/ 2. Verify any communication with us by contacting our Talent team at Recruiting@canyonranch.com For more information, see the FBI's press release here: https://bit.ly/FBI-Warning

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