Hyatt Hotels last week expanded its investment in the wellness market by acquiring resort and spa operator Miraval Partners for $215 million. The hotel operator will spend another $160 million expanding Miraval's Tucson, Ariz., property and redeveloping sites in Austin, Texas, (the Travaasa Austin) and Lenox, Mass., (the Cranwell Spa & Golf Resort) under the Miraval badge within the next three years while exploring ways to integrate the spa's branding, services and products into higher-end Hyatt resorts. Hyatt CEO Mark Hoplamazian spoke with senior editor Danny King.