Originally Posted by
SonicFlyer
Looks like once repairs are complete, Allegiant is looking to get out of the hotel in hurricane zone business....
By Mary Schlangenstein,
Bloomberg (Subscription Publication). “Allegiant Travel Co. expects to wrap up the sale of its troubled Sunseeker Resort this summer after having expressions of interest from potential buyers, including what the company’s chief executive officer called ‘well-known, high-quality’ investors. A ‘high-single digit’ number of investors are considering making a bid for the resort in Port Charlotte, Florida, Allegiant CEO Greg Andersontold investors on a quarterly conference call Tuesday.”