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Allegiant
Announces Sunseeker Resorts, Transformational
Waterfront
Development on Florida’s Gulf Coast
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Punta
Gorda, FL – August 2017 / Newsmaker Alert / Allegiant
(NASDAQ: ALGT) announces plans for Sunseeker
Resorts, including its inaugural development, a one-of-a-kind hotel/condo
resort on the Gulf Coast. The project marks an important step in Allegiant’s
evolution as a travel company, offering customers more opportunity for
leisure experiences.
Encompassing
20 acres of waterfront land in Charlotte County, Florida, the new development’s
master plan envisions a resort hotel and up to nine condominium towers,
an array of restaurant, bar and retail concepts – including an on-site
grocery store and pharmacy, a marina and a property-spanning resort pool
designed to be the largest in North America.
“This
project builds on Allegiant’s profile as a leader and innovator in leisure
travel,” said John Redmond, Allegiant president. “Our growth and success
with air service in Punta Gorda, visitor trends in the region, and this
unique, spacious waterfront property all point to an exceptional opportunity
for a resort that vacation home owners and hotel visitors will love. In
my years of experience developing resort properties around the world, it’s
rare to find such a perfect alignment of factors.”
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The
project will have a deep and lasting impact on Florida’s economy, bringing
hundreds of construction jobs, and at master plan buildout up to 500 permanent
jobs. The project is anticipated to spark an increase of 300,000 visitors
annually to the area, and conservative modeling estimates up to $1 billion
in economic impact at a ten-year horizon.
Interested
buyers will have the option to purchase one-, two- and three-bedroom condominiums.
Owners will have the opportunity to place their condos in a resort rental
program, creating easy-to-manage income properties.
Those
interested in the resort or condominium purchase options may visit www.SunseekerResorts.com
for more information and to designate interest. Further information, such
as projected construction dates, will be shared when available. Initial
renderings of the property (including video) are available
here.
Since
launching a first Florida destination in 2005, Allegiant’s air service
in the state has grown to six cities and more than 200 routes. Allegiant
currently generates more than $2 billion in annual economic impact in Florida,
and the company’s presence supports nearly 21,000 jobs.
Allegiant®
Las
Vegas-based Allegiant (NASDAQ:
ALGT) is focused on linking travelers in small cities to world-class leisure
destinations. The airline offers industry-low fares on an all-jet fleet
while also offering other travel-related products such as hotel rooms and
rental cars. All can be purchased only through the company website, Allegiant.com.
Beginning with one aircraft and one route in 1999, the company has grown
to more than 85 aircraft and 350 routes across the country with base airfares
less than half the cost of the average domestic roundtrip ticket. For downloadable
press kit, including photos, visit: gofly.us/iiFa303wrtF.
Media
Contact:
Jessica
Wheeler
Director
of Marketing Communications
702-853-4625 |
