An aerial view of Montage Laguna Beach in California. Photo: Handout
China’s Dajia weighs US$1 billion sale of US luxury hotels including Four Seasons, Montage to cash in on travel demand
- State-owned vehicle could raise more than US$1 billion from the sale of Montage Laguna Beach in California and Four Seasons hotels in Wyoming and Arizona
- Hotels formed part of a collection of assets in the US$5.8 billion deal with Mirae Asset Management, which collapsed in 2020
An aerial view of Montage Laguna Beach in California. Photo: Handout