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 ...

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

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

"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.

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

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

Blackstone acquires Sunseeker Resort from Allegiant Travel for $200M, far below its $720M development cost. Learn why this ...

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

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

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

Allegiant reported a $322.8 million impairment charge related to the Sunseeker Resort in the fourth quarter of last year, contributing to a net loss of $216.2 million for that quarter.