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A Hyatt-owned resort hotel in Austin is letting people 'test drive' life in Texas for $18,500 a month - see inside Miraval Austin

Miraval Austin.Miraval Austin

  • Miraval Austin created an extended stay program that lets people "test drive" what it's like living in Austin, Texas.
  • The program starts at $18,504 for a month-long single occupancy stay.
  • Tech companies like Oracle and Tesla recently announced plans to relocate from California to Austin.
Miraval Austin created an extended stay program that lets people "test drive" what it's like living in Austin, Texas as tech companies continue to flock to the "next Silicon Valley."

The new migration boom to Austin is no secret. Companies like Oracle and Tesla recently announced their plans to relocate from the Bay Area to Austin, Texas, a city that offers benefits like more advantageous tax laws and cheaper living costs.

Tech giants are the only ones eyeing a move to Texas. According to data from U-Haul, Texas saw the arrival of more one-way U-Haul trucks than any other state from 2016 to 2018.

The Lone Star State may have fallen from first place in 2019 and 2020, but it still hung on in second place after Florida and Tennessee, respectively.

Read more: Elon Musk and other tech powerhouses are flocking to Texas, pushing an already bonkers real-estate market to new heights. Take a look inside Austin, which is quickly becoming the next Silicon Valley.

"Austin offers people the cachet of a cool cultural center and a burgeoning tech hub paying high wages, while still remaining much more affordable than coastal markets like San Francisco, San Jose, and Seattle," Jeff Tucker, a senior economist at Zillow, told Insider's Natasha Solo-Lyons in December.

Now, Miraval - a Hyatt-owned chain with three locations - is taking advantage of this new spotlight on Austin by offering guests a chance to see all the city has to offer.

Are you a travel industry employee or have a travel industry story to share? Contact this reporter at bchang@insider.com

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