WSJ News Exclusive | Chinese Company Aims to Sell 3 U.S. Resorts for $1.3 Billion

📆 28/09/2022 00:30:00
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A Chinese company seeks to sell three major U.S. resort hotels at a combined price tag of $1.3 billion, seeking to cash out during a surge in travel

A Chinese company is looking to sell three major U.S. resort hotels at a combined price tag of $1.3 billion, seeking to cash out these holdings during a powerfulDajia Insurance Group Co. is putting up for sale the Montage in Laguna Beach, Calif.

, the Four Seasons resort in Jackson Hole, Wyo., and the Four Seasons in Scottsdale, Ariz., according to people familiar with the matter. BofA Securities Inc. and real estate banking and brokerage firm Eastdil Secured LLC are marketing the hotels on behalf of the seller, these people said.

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