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

"They bought it for about 30 cents on the dollar... I don't think it's going to take them years to turn this around," said Michael Landsberg, CIO at Landsberg Bennett Private Wealth Management.

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

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

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

A new executive order from President Donald Trump will charge non-U.S. residents higher fees for national park entry and ...

The 785-key Sunseeker Resort Charlotte Harbor joins Blackstone’s large-scale hospitality portfolio after facing financial ...

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

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

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

Blackstone Real Estate will buy Sunseeker Resort Charlotte Harbor from Allegiant Travel Co. for $200 million.

Allegiant has brokered a deal to sell its Sunseeker resort to Blackstone for $200 million, which should create some financial ...