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 ...

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

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