09:52 AM EDT, 07/07/2025 (MT Newswires) -- Blackstone (BX) and Allegiant Travel ( ALGT ) said Monday that Blackstone Real Estate-affiliated funds have agreed to buy Allegiant Travel's ( ALGT ) 785-room Sunseeker Resort Charlotte Harbor for $200 million.

Proceeds will be allocated toward debt repayment, Allegiant Travel ( ALGT ) Chief Executive Gregory Anderson was quoted as saying.

The deal will likely be completed in Q3, the companies said.

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