Blackstone Acquires Florida Resort From Allegiant for $200M

Blackstone acquires Florida resort from Allegiant for $200M

The 785-key Sunseeker Resort Charlotte Harbor joins Blackstone’s large-scale hospitality portfolio after facing financial troubles that led to its disposition.

Blackstone to pay $200M for Allegiant resort (BX:NYSE)

Blackstone Said to Agree $200 Million Deal for Allegiant Resort

Blackstone Inc. has agreed to purchase Allegiant Travel Co.’s Sunseeker Resort for about $200 million, far less than the $720 million that the parent of Allegiant Airlines spent building the beleaguered retreat, according to people familiar with the matter.

Blackstone acquires Florida resort for $200M

Overseers of funds affiliated with Blackstone Real Estate have agreed to acquire the Sunseeker Resort Charlotte Harbor in Florida from Allegiant Travel Co. for $200 million. The 785-room Sunseeker Resort Charlotte Harbor covers 22 waterfront acres on the Gulf Coast. The property has multiple food and beverage concepts,

Allegiant Shares Rise After Bloomberg Reports Blackstone’s Deal to Buy Sunseeker Resort

US’s Allegiant to sell Sunseeker resort to Blackstone

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…