![]() 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. Zillow has 45 photos of this 39700000 5 beds, 8 baths, 9305 Square Feet single family home located at 11 Montage Way, Laguna Beach, CA 92651 built in 2010. See 2,151 traveller reviews, 1,537 candid photos, and great deals for Montage Laguna Beach, ranked 1 of 23 hotels in Laguna Beach and rated 4. He also owns pro basketball’s Houston Rockets. Now £1,082 on Tripadvisor: Montage Laguna Beach, Laguna Beach. 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. For two decades, the sun-soaked beaches and iconic Southern California location have welcomed guests to create cherished memories along the Pacific coast. China-based Dajia Insurance Group had been trying to sell the Montage and other high-end hotels in their portfolio since 2019. Montage Laguna Beach Celebrating 20 Years. Fertitta adds to his growing list of luxury hotel properties across the U.S. A representative for Fertitta declined to comment. Multi-billionaire and NBA Houston Rockets owner Tilman Fertitta purchased the five-star Montage Laguna Beach for a reported 650 million. 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. ![]() Below are the current Montage Residences for sale and for lease. The unique bungalow style with commanding views of the ocean from most of the rooms makes it one of the most desired locations in all of Laguna Beach. ![]() The Wall Street Journal reported a possible Montage sale without naming a buyer and put the price tag near $700 million. The Montage Resort & Spa is an beach Front 5 start Luxury Hotel in Laguna Beach, 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. After years of reading about the Montage Laguna Beach resort in celebrity magazines and hearing rave reviews from. ![]()
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