{"id":866909,"date":"2025-07-07T09:17:40","date_gmt":"2025-07-07T13:17:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/"},"modified":"2025-07-07T09:17:40","modified_gmt":"2025-07-07T13:17:40","slug":"blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/","title":{"rendered":"Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span> and <span class=\"xn-location\">LAS VEGAS<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">July 7, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Blackstone (NYSE: BX) and Allegiant Travel Company (NASDAQ: ALGT) today announced that funds affiliated with Blackstone Real Estate have agreed to acquire Sunseeker Resort Charlotte Harbor from Allegiant for <span class=\"xn-money\">$200 million<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/486546\/AllegiantLogoBlue__NoTagline_2014_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/486546\/AllegiantLogoBlue__NoTagline_2014_Logo.jpg\" title=\"Allegiant Travel Company releases December 2024 traffic report.\" alt=\"Allegiant Travel Company releases December 2024 traffic report.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>With 785 rooms spanning 22 waterfront acres on the Gulf Coast of <span class=\"xn-location\">Florida<\/span>, Sunseeker Resort Charlotte Harbor is a brand-new resort with extensive core amenities, including multiple food and beverage concepts, two pools, a spa, a fitness center, a rooftop adult pool and bar, a championship golf course and more than 60,000 square feet of combined indoor meeting space.<\/p>\n<p>\n        <span class=\"xn-person\">Scott Trebilco<\/span>, Senior Managing Director at Blackstone Real Estate, said: &#8220;The acquisition of this brand new, highly-amenitized resort demonstrates our strong conviction in hospitality and travel and the continued growth in group-oriented destinations. Allegiant has built a fantastic property and we look forward to bringing our extensive experience with large scale resorts to Sunseeker.&#8221;<\/p>\n<p>&#8220;Blackstone&#8217;s extensive hospitality holdings and their execution capabilities make them the ideal counterparty for this transaction and also to help realize the full potential of Sunseeker Resort,&#8221; said <span class=\"xn-person\">Gregory C. Anderson<\/span>, CEO at Allegiant Travel Company. &#8220;Furthermore, it supports Allegiant&#8217;s strategy centered around the airline and we plan to use the proceeds from the sale to repay debt and strengthen our balance sheet.&#8221;<\/p>\n<p>Barclays served as financial advisor to Allegiant on this transaction.<\/p>\n<p>The transaction is expected to close in the third quarter of 2025, subject to satisfying customary conditions.<\/p>\n<p>\n        <b>About Blackstone Real Estate<br \/><\/b>Blackstone is a global leader in real estate investing. Blackstone&#8217;s real estate business was founded in 1991 and has US <span class=\"xn-money\">$320 billion<\/span> of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone&#8217;s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).<\/p>\n<p>\n        <b>Allegiant \u2013 Together We Fly\u2122<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-location\">Las Vegas<\/span>-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart,\u00a0focused on connecting customers with the people, places and experiences that matter most.\u00a0Since 1999,\u00a0Allegiant Air\u00a0has linked travelers in small-to-medium cities to world-class vacation destinations\u00a0with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4462818-1&amp;h=291656501&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3008513-1%26h%3D3830454561%26u%3Dhttp%253A%252F%252Fgofly.us%252FiiFa303wrtF%26a%3Dhttp%253A%252F%252Fgofly.us%252FiiFa303wrtF&amp;a=http%3A%2F%2Fgofly.us%2FiiFa303wrtF\" target=\"_blank\" rel=\"nofollow\">http:\/\/gofly.us\/iiFa303wrtF<\/a><\/p>\n<p>\n        <b>Contacts<br \/><\/b>Blackstone<br \/><span class=\"xn-person\">Jeffrey Kauth<\/span><br \/>212-583-5395<br \/><a href=\"mailto:Jeffrey.Kauth@blackstone.com\" target=\"_blank\" rel=\"nofollow\">Jeffrey.Kauth@blackstone.com<\/a><\/p>\n<p>\n        <b>Media Contact <\/b><br \/>\n        <br \/>Phone: 702-800-2020<br \/>Email: <a href=\"mailto:mediarelations@allegiantair.com\" target=\"_blank\" rel=\"nofollow\">mediarelations@allegiantair.com<\/a><\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA24550&amp;sd=2025-07-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million-302498586.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million-302498586.html<\/a><\/p>\n<p>SOURCE  Allegiant Travel Company<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA24550&amp;Transmission_Id=202507070900PR_NEWS_USPR_____LA24550&amp;DateId=20250707\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK and LAS VEGAS, July 7, 2025 \/PRNewswire\/ &#8212; Blackstone (NYSE: BX) and Allegiant Travel Company (NASDAQ: ALGT) today announced that funds affiliated with Blackstone Real Estate have agreed to acquire Sunseeker Resort Charlotte Harbor from Allegiant for $200 million. With 785 rooms spanning 22 waterfront acres on the Gulf Coast of Florida, Sunseeker Resort Charlotte Harbor is a brand-new resort with extensive core amenities, including multiple food and beverage concepts, two pools, a spa, a fitness center, a rooftop adult pool and bar, a championship golf course and more than 60,000 square feet of combined indoor meeting space. Scott Trebilco, Senior Managing Director at Blackstone Real Estate, said: &#8220;The acquisition of this brand new, highly-amenitized resort &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-866909","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK and LAS VEGAS, July 7, 2025 \/PRNewswire\/ &#8212; Blackstone (NYSE: BX) and Allegiant Travel Company (NASDAQ: ALGT) today announced that funds affiliated with Blackstone Real Estate have agreed to acquire Sunseeker Resort Charlotte Harbor from Allegiant for $200 million. With 785 rooms spanning 22 waterfront acres on the Gulf Coast of Florida, Sunseeker Resort Charlotte Harbor is a brand-new resort with extensive core amenities, including multiple food and beverage concepts, two pools, a spa, a fitness center, a rooftop adult pool and bar, a championship golf course and more than 60,000 square feet of combined indoor meeting space. Scott Trebilco, Senior Managing Director at Blackstone Real Estate, said: &#8220;The acquisition of this brand new, highly-amenitized resort &hellip; Continue reading &quot;Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-07T13:17:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/486546\/AllegiantLogoBlue__NoTagline_2014_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million\",\"datePublished\":\"2025-07-07T13:17:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\\\/\"},\"wordCount\":517,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/486546\\\/AllegiantLogoBlue__NoTagline_2014_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\\\/\",\"name\":\"Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million - 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With 785 rooms spanning 22 waterfront acres on the Gulf Coast of Florida, Sunseeker Resort Charlotte Harbor is a brand-new resort with extensive core amenities, including multiple food and beverage concepts, two pools, a spa, a fitness center, a rooftop adult pool and bar, a championship golf course and more than 60,000 square feet of combined indoor meeting space. Scott Trebilco, Senior Managing Director at Blackstone Real Estate, said: &#8220;The acquisition of this brand new, highly-amenitized resort &hellip; Continue reading \"Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/","og_site_name":"Market Newsdesk","article_published_time":"2025-07-07T13:17:40+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/486546\/AllegiantLogoBlue__NoTagline_2014_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million","datePublished":"2025-07-07T13:17:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/"},"wordCount":517,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/486546\/AllegiantLogoBlue__NoTagline_2014_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-real-estate-to-acquire-sunseeker-resort-charlotte-harbor-from-allegiant-travel-company-for-200-million\/","name":"Blackstone Real Estate to Acquire Sunseeker Resort Charlotte Harbor from Allegiant Travel Company for $200 Million - 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