Ritz-Carlton Laguna Sale Sets OC Hotel Record

Strategic Hotels & Resorts has sold the Ritz-Carlton, Laguna Niguel to private equity firm KSL Capital Partners for $600 million, marking the largest hotel sale in Orange County history. The Dana Point hotel traded hands for $1.6 million per room, according to CoStar, which assessed the property’s value at $447.6 million earlier this year. The deed lists the real estate portion of the transaction at $378 million. KSL declined to comment on the deal. Management firm Peregrine Hospitality, previously known as KSL Resorts and based in Denver, will operate the four-story Ritz-Carlton on behalf of the new owner, CoStar reported. Marriott International will continue to manage the resort. Peregrine, which rebranded from KSL Resorts in 2025, was involved in Orange County’s previous record sale of the Waldorf Astoria Monarch Beach Resort & Club to Ohana Real Estate Investors. The 400-room resort traded for nearly $500 million at the end of 2019.

This excerpt comes from the named source. Read the original for the full reporting.