Montage Laguna Beach.(Photography courtesy of Montage Resorts) Texas billionaire Tilman Fertitta has acquired the Montage Laguna Beach Resort Hotel for a reported $650 million.Fertitta's company has confirmed the purchase of the high-end, bluff-top hotel.The Montage sits on 30 acres of oceanfront land with 260 rooms, including 60 suites, bungalows and villas.
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