FeaturedfinanceSkift··1 min·For: Owner, Investor, GM
Royal Caribbean Eyes 50% Stake in Sandals Resorts
Royal Caribbean is reportedly in discussions to acquire a 50% ownership stake in Caribbean all-inclusive operator Sandals Resorts International. The potential joint venture would mark a major diversification move by the cruise operator into land-based hospitality.
Key Takeaways
- 1Royal Caribbean is exploring a deal to purchase a 50% equity stake in Sandals Resorts.
- 2The move signals a growing trend of cruise lines expanding into land-based resort portfolios.
- 3Sandals operates 18 luxury all-inclusive resorts across the Caribbean, plus three Beaches properties.
Source: Skift
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