They were part of a portfolio that Anbang agreed to sell in 2019 as part of a deal that fell through as the pandemic crippled the global hotel industry. Find a listing of all luxury hotel rooms at Montage Laguna Beach in Orange County, California. Strategic sold itself to New York-based Blackstone, which then sold Montage and other Strategic hotels to Anbang in 2016.ĭajia, took over the properties when the Chinese government restructured Anbang, began looking to sell the Montage and Anbang’s luxury US hotels earlier this year. 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 Montage opened in 2003, and in 2015 was bought by Strategic Hotels for $360 million – then the highest price paid per hotel room in California, according to the Register. Perched on a coastal bluff high above the Pacific, Montage Laguna Beach resort offers 30 acres of seaside luxury at the heart of Southern Californias. We saw lots of families from the moment we walked into the hotel. Rooms cost between $1,240 and $11,200 a night, according to its website. The Montage Laguna Beach is extremely family friendly. Halfway between San Diego and Los Angeles, the Montage Laguna Beach. It has three restaurants, two pools and a 20,000-square-foot spa. A mere picture of this stunning coastline paints a thousand words much like its ancestors. The 258-room Craftsman-style Montage Laguna Beach spans 30 acres atop a seaside bluff within the artist colony.
“Irreplaceable real estate still commands very high prices and seems to be unaffected by the increase in the cost of borrowing/interest rates,” Reay said.
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