Sunstone Hotel Investors, Inc., a real estate investor from Irvine, California, which currently owns 17 hotels, acquired Montage Healdsburg, also in the state.
John V. Arabia, President, and CEO of Sunstone Hotel Investors said that the 117-hectare luxury resort with 130 rooms, which was completed in December 2020, was acquired starting at US$265 million.
“Montage Healdsburg is a spectacular resort, ideally located in one of the most sought after and most sought after recreational destinations in the US,” he said in a company briefing on Wednesday (30/4).
The Montage Healdsburg resort has indeed grown rapidly as it features 16 hectares of vineyards, adult and family pools overlooking the gardens, a spa area of 11,500 square feet, more than 12,000 square feet of meeting rooms, etc.