The 376-room Laguna Cliffs Marriott Resort has been put up for sale for an expected $200 million.
Prudential Real Estate Investors, part of New Jersey’s Prudential Financial Inc., owns the hotel.
It bought the 20-year-old hotel for $84 million in 2004 from Cigna Hotels. Back then, Prudential paid $242,775 per room.
Now the hotel is expected to sell for roughly $531,915 per room.
Last year, the nearby 393-room Ritz Carlton Laguna Niguel sold for $338.5 million, or $861,323 per room, the highest price per room in Southern California.
