Blackstone and Allegiant Travel Company have revealed that funds affiliated with Blackstone Real Estate have agreed to acquire Sunseeker Resort Charlotte Harbor on the Gulf Coast of Florida from Allegiant for $200 million.
With 785 rooms spanning 22 waterfront acres in Charlotte Harbor, FL, the resort features 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 sq. ft. of indoor meeting space.
“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,” said Scott Trebilco, senior managing director, Blackstone Real Estate. “Allegiant has built a fantastic property, and we look forward to bringing our extensive experience with large-scale resorts to Sunseeker.”
Gregory C. Anderson, CEO, Allegiant Travel Company, said, “Blackstone’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. Furthermore, it supports Allegiant’s strategy centered around the airline, and we plan to use the proceeds from the sale to repay debt and strengthen our balance sheet.”
Barclays served as financial advisor to Allegiant on this transaction.
The transaction is expected to close in the third quarter of 2025, subject to the satisfaction of customary conditions
Tags: Gregory C. Anderson, Allegiant Travel Company Blackstone and Allegiant Travel Company, Scott Trebilco Blackstone Real Estate Sunseeker Resort Charlotte Harbor