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.

The Sunseeker Resort Charlotte Harbor will change hands for $200 million. On July 7, Blackstone and Allegiant Travel Co., both publicly-traded companies, announced they'd struck a deal via a press ...