Blackstone Inc. has reportedly reached an agreement to acquire the Allegiant Resort in a deal valued at approximately $200 million, according to people familiar with the matter. The deal underscores the private equity giant’s continued interest in high-profile hospitality assets, particularly in high-growth markets.
The Allegiant Resort, known for its proximity to Allegiant Stadium and its popularity among sports and entertainment tourists, has been seen as a strategic asset given its strong performance and location. The agreement is said to be in the final stages, though terms could still change and the deal has not yet been formally announced.
If completed, the acquisition would mark another significant addition to Blackstone’s expansive real estate portfolio, as the firm continues to bet on a rebound in travel and tourism. Neither Blackstone nor representatives for Allegiant Resort have commented publicly on the potential transaction.
This article is published by Epic Click Travel & Tourism.
Epic Click Travel & Tourism is a professional travel agency based in Dubai.
Epic Click Travel & Tourism will handle everything for you from flights to hotels including fast-track airport check-in, private car transfers and visas.
To learn more about Epic Click Travel & Tourism, visit https://epicclicktravel.com.
You can also contact the company directly by E-mail info@epicclicktravel.com and WhatsApp +971 52 427 5718
