China-based Dajai Insurance Group is putting three high-profile resort hotels in the US on the market, aiming for a combined sale price of $1.3B.

Two of the assets are Four Seasons resorts—in Jackson Hole, Wyoming and in Scottsdale, AZ—and the other is the Montage, a resort in Laguna Beach, CA. Bofa Securities and Eastdil Secured are marketing the hotels.

The three properties are part of Dajai's Strategic Hotels & Resorts portfolio, which encompasses 15 luxury US resorts and hotels, including the JW Essex House overlooking Manhattan's Central Park and InterContinental hotels in Chicago and Miami.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.