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Royal Caribbean Buys 50% Stake in Sandals for $3 Billion
FeaturedfinanceSkift··1 min·For: Owner, Investor, Revenue

Royal Caribbean Buys 50% Stake in Sandals for $3 Billion

Royal Caribbean Group has agreed to acquire a 50% cash stake in all-inclusive brands Sandals Resorts and Beaches Resorts, valuing the hospitality business at $6 billion. The transaction marks the cruise line's major expansion into land-based hospitality, with closing anticipated in early 2027.

Key Takeaways

  1. 1Royal Caribbean is paying approximately $3 billion in cash for the 50% ownership stake.
  2. 2The agreement values Sandals Resorts and Beaches Resorts at approximately $6 billion.
  3. 3The deal represents the cruise giant's largest move onto land and is expected to close in early 2027.

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Source: Skift

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