Allegiant Travel, the parent entity of Allegiant Air (G4, Las Vegas Harry Reid), announced that Blackstone Real Estate has agreed to acquire the Sunseeker Resort Charlotte Harbor for USD200 million after weeks of speculation concerning the resort’s future.

The transaction is expected to close in the third quarter of 2025. Gregory C. Anderson, CEO at Allegiant Travel Company, said the sale “supports Allegiant’s strategy centred around the airline, and we plan to use the proceeds from the sale to repay debt and strengthen our balance sheet.”…

Source: ch aviation
Read more: US’s Allegiant to sell Sunseeker resort to Blackstone