News

Blackstone Real Estate has announced plans to acquire Sunseeker Resort on Charlotte Harbor, a 785-room hotel located in Punta Gorda, about 24 miles north of Fort Myers, Fla. Barclays served as ...
With a $200 million transaction on July 7, 2025, Allegiant Travel Company (NYSE:ALGT) sold its 785-room Sunseeker Resort ...
About Allegiant Travel Co. Allegiant Travel Co. engages in the provision of leisure travel services. It operates through the Airline and Sunseeker Resort segments. The Airline segment involves the ...
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Budget airline Allegiant Air expects to add inflight Wi-Fi in the future, and has confirmed past talks with Starlink about ...
Allegiant Travel Company (NASDAQ:ALGT) is one of the Top 10 Transportation and Industrial Stocks to Buy Now. Evercore ISI ...
"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 ...
What happened to Sunseeker Resort in SW Florida's Charlotte? On July 7, Blackstone and Allegiant Travel Co., both publicly-traded companies, said they'd struck a deal for the 785-room resort that sits ...
The company lost $520 million on the sale of its ill-fated Sunseeker Resort, which is equal to over half of the company's current market value.
The company lost $520 million on the sale of its ill-fated Sunseeker Resort, which is equal to over half of the company's current market value. The sale of the South Florida hotel follows a ...
Allegiant offloads its costly resort for $200M, but analyst warns airline fundamentals remain shaky.
Blackstone will acquire Allegiant Air’s beleaguered Sunseeker Resort for $200 million, the companies said Monday, marking a major loss for the airline just 18 months after opening the Florida ...