Allegiant Air’s parent company is selling its Florida resort less than two years after it opened the property, following ...

After facing myriad challenges, Allegiant Travel Co. has announced the sale of its Sunseeker Resort in Charlotte Harbor to ...

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

The 785-key Sunseeker Resort Charlotte Harbor joins Blackstone’s large-scale hospitality portfolio after facing financial ...

"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.

A new executive order from President Donald Trump will charge non-U.S. residents higher fees for national park entry and ...

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

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.