All articles tagged with #sandals resorts
Royal Caribbean Group and Sandals Resorts have signed a definitive agreement for Royal Caribbean to acquire a 50% equity stake in Sandals for approximately $3 billion. The deal, funded by Morgan Stanley, is expected to close in early 2027. This joint venture aims to integrate cruise and land-based resort operations, expand Sandals globally, and unify loyalty programs across both brands.
Royal Caribbean Group and Sandals Resorts have signed an agreement for Royal Caribbean to acquire a 50% stake in Sandals for approximately $3 billion. The deal, expected to close in early 2027, creates a joint venture to expand Sandals globally and integrate loyalty programs across cruise and resort platforms.
Royal Caribbean Group has officially signed an agreement to acquire a 50% equity stake in Sandals Resorts for approximately $3 billion, valuing the all-inclusive resort chain at $6 billion. The deal, funded by committed debt from Morgan Stanley, is expected to close in early 2027 and will create a joint venture governed by a shared board led by Royal Caribbean CEO Jason Liberty and Sandals Executive Chairman Adam Stewart. This move expands Royal Caribbean’s portfolio into land-based vacations, leveraging Sandals’ 40-year legacy in the Caribbean while maintaining existing operations and loyalty programs.
Royal Caribbean is close to a deal to acquire a 50% equity stake in Sandals, valuing the Caribbean all-inclusive resort group at about $6 billion and signaling a broader push into land-based vacations. The talks could still fail, with reports of a near-$3 billion deal; RC shares fell about 6% on the news as investors weighed potential growth versus risks.