Funds affiliated with Blackstone Real Estate, a division of the global investment company Blackstone, have agreed to acquire ...

After facing myriad challenges, Allegiant Travel Co. has announced the sale of its Sunseeker Resort in Charlotte Harbor to ...

Blackstone (NYSE: BX) and Allegiant Travel Company (NASDAQ: ALGT) today announced that funds affiliated with Blackstone Real ...

Blackstone Inc. has agreed to purchase Allegiant Travel Co.’s Sunseeker Resort for $200 million, far less than the $720 ...

Blackstone is strengthening its hospitality portfolio by acquiring a recently built asset on the Gulf Coast of Florida for ...

Blackstone Real Estate agrees to acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 million in ...

Allegiant Travel Company is offloading Florida’s Sunseeker Resort Charlotte Harbor to real estate firm Blackstone. Blackstone ...

Allegiant had already booked a $322 million impairment on the resort in the fourth quarter of fiscal year 2024, and the sale ...

Sunseeker Resort for ~$200M, far less than the amount the company spent developing the property, according to a media report ...

The hotel, which had become a drag on Allegiant’s profitability, will be sold to Blackstone at a steep discount.

Sunseeker resort in Charlotte Harbor, previously owned by the Allegiant Travel Company, will be purchased for $200 million.

Blackstone to acquire Sunseeker Resort from Allegiant for $200M, ending the airline’s short-lived hospitality venture.