VICI Properties and Canyon Ranch, a provider of destination wellness, announced the Canyon Ranch-VICI Growth Partnership, a focused real estate investment trust, aiming to expand the reach of Canyon Ranch’s integrative wellness offerings across North America and beyond. 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. The two Canyon Ranch Wellness Clubs in development in Fort Worth and Houston will be membership-based only. VICI’s first investment in Canyon Ranch occurred in October 2022 when it announced its commitment to providing development financing for the Canyon Ranch Austin resort, which has begun construction and is scheduled to open in 2025.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on VICI:
- VICI Properties sees FY23 AFFO $2.11-$2.14, consensus $2.12
- VICI Properties reports Q2 AFFO 54c, consensus 53c
- Century Casinos, Inc. Completes Acquisition of Rocky Gap Casino Resort Operations; Expands into Maryland
- Vici Properties (VICI) Q2 Earnings Cheat Sheet
- VICI Properties management to meet with Mizuho
