If the $650 million price is correct, the Montage will sell for the second highest price per room ever paid in California, says hotel analyst Alan Reay, president of Atlas Hospitality Group. Plus, Fertitta recently reported holding a 6.2% stake in Wynn Resorts Ltd., the operator of hotels and casinos in Las Vegas and Macau. He also owns pro basketball’s Houston Rockets. 381 Forest Avenue Laguna Beach, CA 92651 U.S. An Orange County hotel along the coast of California, Montage Laguna Beach offers ideal Laguna Beach hotel rooms and suites for families, weekend getaways. Though it’s not the most pirate-y of all Laguna’s beaches. Perched on a coastal bluff high above the Pacific, Montage Laguna Beach resort offers 30 acres of seaside luxury at the heart of Southern California’s preeminent artist colony. The result is pristine sand and excellent facilities. Dajia officials did not respond to a request for comment.įertitta, who built his fortune from the restaurant company Landry’s, also owns hotels including multiple Golden Nugget casinos and the upscale Post Oak Hotel in Houston. The beach is managed in a partnership between the city and Montage Resort. The Loft Situated on the fourth floor, this popular Orange County restaurant features stunning panoramic views the perfect backdrop for enjoying creative American cuisine. A representative for Fertitta declined to comment. Set to shimmering Pacific views, Montage Laguna Beach’s gourmet dining destinations offer unique, chef-driven interpretations of coastal California flavors. The group is shedding much of its hotel portfolio including the Orange County resort. The seller is China’s Dajia Insurance Group Co., which took over most of the operations of Anbang Insurance Group Co. This California-Craftsman bluff-top resort with a shingle roof sits above the Pacific. The Wall Street Journal reported a possible Montage sale without naming a buyer and put the price tag near $700 million. Beautiful, perhaps the loveliest waterfront site in California. Is the Montage Laguna Beach luxury resort about to get a new owner?īloomberg News reports billionaire Tilman Fertitta is close to acquiring the 250-room oceanview hotel in Orange County for about $650 million, according to people with knowledge of the matter who asked not to be identified because the discussions are private. A 250-room craftsman-style resort on 30 Pacific-front acres in Laguna Beach, California.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |