Tilman J. Fertitta has acquired the Montage Laguna Beach Resort Hotel overlooking the Pacific Ocean along the California coastline.
“I am truly thrilled to acquire this world-renowned property and add one of America’s most iconic trophy resorts to our luxury hotel portfolio,” said Fertitta. “I have been traveling to Laguna Beach for over 30 years. It is one of my favorite places to visit and one of the most beautiful areas in the world. The Montage is a stunning oceanfront property and one of the premier hotel brands in the world.”
Located on a coastal bluff overlooking the Pacific Ocean, Montage Laguna Beach Resort offers 30 acres of oceanfront luxury in Laguna Beach. The craftsman-style resort features beachfront accommodations; the 20,000-sq.-ft.hotel; outdoor recreation including two pools and direct beach access; a fine art collection; a number of F&B outlets; and more than 20,000-sq- ft. of indoor and outdoor meeting space. Montage Laguna Beach is part of the Legend Collection of Preferred Hotels & Resorts.
All 260 guestrooms, including 60 suites, beach bungalow-style rooms and multi-bedroom villas, featuring views of the Pacific Ocean. The onsite Spa Montage features eucalyptus steam rooms, dry redwood saunas, ocean air whirlpools, fireplace lounges, a state-of-the-art fitness center, movement studio and a lap pool.
Fertitta is no stranger to luxury hotel properties. In 2018, he built the Post Oak Hotel at Uptown Houston, and also owns 14 other hotel properties around the country, including the San Luis Resort in Galveston, TX, and five Golden Nugget Casinos and Hotels. Also in Fertitta’s luxury portfolio is the Huntting Inn in East Hampton, NY.
In addition to his hospitality portfolio, Fertitta owns a number of seafood and steakhouses throughout California including Catch Seafood and Catch Steak; Mastro’s Ocean Club and Mastro’s Steakhouse; Morton’s The Steakhouse; Del Frisco’s Double Eagle Steakhouse; and The Palm. Fertitta owns and operates more than 60 unique brands amounting to more than 600 concepts nationwide.
In 2017, Fertitta purchased the NBA’s Houston Rockets for a record $2.2 billion and is the sole owner of the team.