
Allegiant Travel Co. Sells Majority Stake in Sunseeker Resort
News Summary Allegiant Travel Co. is set to sell a majority stake in Sunseeker Resort in Charlotte Harbor, a move aimed at addressing financial struggles since its launch in December 2023. Despite initial setbacks from the COVID pandemic and hurricanes, the resort is engaged in community events and seeks new investors to enhance its performance and overall value. With occupancy rates only reaching 54% in its first year, Allegiant hopes