The Canyon RanCh PoRTfolioAccording to the Global Wellness Institute, wellness is now a $3.72 Trillion industry. This is an increase from approximately $2 Trillion in 2006. Global markets have taken note and many consumer product, and service companies are finding that they cannot maintain their market positions without a strategy around wellness.

Despite its size, the wellness industry is not an organized movement, but is a category of goods and services that consumers have assembled around health, wellbeing and general happiness. Typically, the wellness category includes:

• Beauty & Anti-Aging,• Healthy Eating, Nutrition and Weight Loss• Wellness Tourism• Fitness and Mind-Body• Preventive and Personalized Health• Complementary and Alternative Medicine• Wellness Lifestyle Real Estate• Spa Industry• Thermal/Mineral Springs• Workplace Wellness

In 1979, Mel and Enid Zuckerman decided to create a place where wellness would be viewed as a cohesive whole, and opened the Canyon Ranch Wellness Resort in Tucson, Arizona. This was followed by the Canyon Ranch Wellness Resort in Lenox in 1989.

In 1999, Canyon Ranch opened what is now the largest spa in the world in the Venetian and Palazzo hotels. In 2004, the SpaClub onboard Cunard’s Queen Mary 2 ocean liner was launched and SpaClubs were launched onboard Regent & Oceania, and Celebrity cruise lines in 2009, and 2014 respectively.

Canyon Ranch was recapitalized in 2015, resulting in the controlling interest being held by Crescent Real Estate Equities in Ft. Worth, Texas. Susan Docherty, Canyon Ranch CEO has now assembled a new Executive Board to drive the growth of the enterprise.

Canyon Ranch continues to be known as an authentic, original provider of healthy vacations and lifestyle transformation. The Canyon Ranch brand and operational excellence continue to provide industry leading average daily rates and exceptional pricing lift for branded real estate.

TUCSon

oPened 1979• 120,000 sq. ft. Spa/Fitness/Wellness Facilities • 17,000 sq. ft. Life Enhancement Center• 165 Rooms• 57,327 Guest Nights in 2015• 100 Residences – highest real estate values in Tucson – 300% PSF premium over immediate neighborhood

lenoxoPened 1989• 120,000 sq. ft. Spa/Fitness/Wellness Facilities• 126 Rooms• 42,966 Guest Nights in 2015• 19 Condominiums under construction

laS VegaS

oPened 1989• 120,000 sq. ft. Spa/Fitness/Wellness Facilities• 126 Rooms• 42,966 Guest Nights in 2015• 19 Condominiums under construction

oPened 1999• 140,000 sq. ft. Spa/Fitness/Wellness Facilities, serving • 7,100 Hotel Rooms (not managed by Canyon Ranch)• 94 Treatment Rooms• 274,160 Experiences and access passes sold in 2015• 8 Consecutive years as Forbes 4-Star Spa• Currently #1 of 1 12 Spas in Las Vegas as rated by Trip Advisor

KaPlanKayaoPened 2016• 75,000 sq. ft. Spa/Fitness/Wellness Facilities• 141 Rooms• 150 Villas • 38 Treatment rooms

SPa ClUB aT SeaoPened 2016• 75,000 sq. ft. Spa/Fitness/Wellness Facilities• 141 Rooms• 150 Villas • 38 Treatment rooms

laUnChed 2004 – Queen Mary 2

laUnChed 2009 – Regent & Oceania Cruises

laUnChed 2014 – Celebrity Cruises

PaRT 1: feaSiBiliTy aSSeSSmenT

initial Contact / Site ParametersCanyon Ranch understands acutely the locations, site size, entitlements, and market conditions that are necessary for our business models. We can quickly determine site suitability without excessive expenditure of time or money.

loiIf the parties agree that the proposition makes business sense, Canyon Ranch prefers to lay out terms and intentions right away.

model Refinement / due diligenceOnce terms for the partnership are in place, the parties work diligently to refine the model, test sensitivities, and collect any additional information that is neces-sary for the development.

Site VisitIf a site looks good on paper, we will visit and explore the immediate area to learn what we can about arrival sequence, adjacencies, and site conditions.

Spatial & financial modelingWe believe that feasibility is determined both architecturally and from an operational and financial modeling perspective. We share these findings with partners so that both parties can agree whether or not to proceed.

go / no-go deCiSion

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PaRT 2: deVeloPmenT PRoCeSS

Partnership agreementsCanyon Ranch and the partner enter into several agreements in alignment with LOI terms: 1) A Technical Services Agreement, in which Canyon Ranch agrees to provide design, marketing and operational startup services, 2) A Management Agreement, in which Canyon Ranch agrees to manage the property to an exceptional standard, and 3) A Brand & Name License Agreement, in which Canyon Ranch agrees to license its brand for the promotion and operation of the property.

designCanyon Ranch has architects on staff who work with the project architects to lay out the most efficient and effective spaces to deliver world class wellness resorts, spas, fitness clubs, restaurants and medical facilities.

ConstructionCanyon Ranch observes construction activities at critical junctures to ensure adherence to design intent.

operational StartupCanyon Ranch uses its financial, planning, hiring, training, communication and project management skills to ensure a successful startup and a successful business.

Sales, marketing, PRCanyon Ranch uses its strong internal marketing team, nationally prominent branding agency (SS+K), nationally prominent PR company (MMGY Global), tremendous web presence and deep customer database to ensure the success of the venture.

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DEVELOPMENT CAPABILITIES

GARY MILNER

Canyon Ranch is one of the few global health and wellness companies with the infrastructure to expand quickly. With a dedicated new business development team, 11 integrative medical doctors on staff, numerous PhD and Masters level professionals, we offer unparalleled industry expertise. Canyon Ranch also has a tremendous amount of intellectual property and content that is packaged and ready for infusion into new ventures. The Canyon Ranch Development team manages these resources to move quickly and deliver top-of-market results.

Chief Development OfficerDYLAN MCNERNEY

DOUG WILSONCHRIS CAPOBIANCO MARY DE RANITZ ROBERT WOLFSET

Director of Project & Business PlanningLESLIE SHAMMASGlobal Director – Design & Development

Corporate Director – Special ProjectsFinance Director – Development Corporate Counsel Assistant Project Manager

2017 iniTiaTiVeSdestination Wellness Resorts• 100 – 160 Resort Keys• Healthy Restaurants• 55,000 SF Wellness Spa and Fitness Facility• 100 + Residences• Beach Club and Kids Club (where applicable)• Wellness Retail

Urban fitness Club and Spa• Exclusive, Marketing Leading Fitness Club• Healthy Fast Casual Restaurant• Luxurious Spa• Wellness Retail

Urban Wellness hotel• 80 – 120 Hotel Keys• In-room Wellness Amenities• Urban Fitness Club and Spa

healthy fast Casual Restaurants• Fresh, Healthy Cuisine Featuring Superfoods• Unparalleled Ingredient Quality• Elevated Experience• Targeted Convenience

For investment interest or to present new opportunities, please contact:

gary milner Chief Development Officergmilner@canyonranch.com+1 (520) 749-9655 x4387

For investment interest or to present new opportunities, please contact:

gary milner Chief Development Officergmilner@canyonranch.com+1 (520) 749-9655 x4387