Allegiant Travel Co. posted a $65.2 million net loss in the second quarter of 2025, driven largely by $103.3 million in special charges related to the pending sale of Sunseeker Resort in Charlotte County. The $200 million deal, which includes a write-down to fair value and other costs, is expected to close during the third quarter. Sunseeker reported 51% occupancy for the quarter, with an average daily rate of $225 excluding resort fees. The resort generated $20.6 million in revenue but posted a $110.6 million operating loss. Allegiant said the sale aligns with its strategy to simplify operations and refocus on its core airline business. Year to date, Sunseeker has contributed $100.4 million in losses, plus a $3.4 million non-operating loss tied to debt extinguishment.