Allegiant officials: Deal for Port Charlotte's Sunseeker could be done by summer

Allegiant Travel Co.'s president and CEO told investors that talks to sell a majority stake in the resort have advanced to the due diligence stage.

  • By Louis Llovio
  • | 5:00 a.m. February 11, 2025
  • | 0 Free Articles Remaining!
A year after opening, occupancy at the Sunseeker Resort Charlotte Harbor remains low.
A year after opening, occupancy at the Sunseeker Resort Charlotte Harbor remains low.
Photo by Steffania Pifferi
  • Charlotte–Lee–Collier
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In an earnings statement released Feb. 4, Allegiant Travel Co. announced that after a strategic review, it was selling off at least a majority stake in the 750-room Sunseeker Resort Charlotte Harbor.

The news garnered a lot of attention as it spread across the region and country. Why wouldn’t it?

 

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