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lackstone and Allegiant Travel Company today announced that funds affiliated with Blackstone Real Estate have agreed to acquire Sunseeker Resort Charlotte Harbor from Allegiant for $200 million. The resort, located on 22 waterfront acres in Florida's Gulf Coast, features 785 rooms, multiple dining options, two pools, a spa, fitness center, and over 60,000 square feet of meeting space.

    The acquisition highlights Blackstone's confidence in the hospitality industry and its growth potential in group-oriented destinations. Scott Trebilco, Senior Managing Director at Blackstone Real Estate, stated that they look forward to bringing their expertise in large-scale resorts to Sunseeker.

    Gregory C. Anderson, CEO at Allegiant Travel Company, noted that Blackstone's extensive experience and capabilities make them an ideal partner for the transaction. The sale supports Allegiant's strategy centered around its airline business and will be used to repay debt and strengthen its balance sheet.

    The transaction is expected to close in the third quarter of 2025, subject to customary conditions. Barclays served as financial advisor to Allegiant on this deal.

    Blackstone Real Estate is a global leader in real estate investing with over $320 billion in investor capital under management. The company has a diverse portfolio across various sectors, including logistics, data centers, residential, office, and hospitality.