Royal Caribbean plans to buy stake in Sandals Resorts for $3 billion

Royal Caribbean is expanding its portfolio of land-based destinations by entering into a partnership with Sandals Resorts in a deal announced Wednesday. The cruise line will acquire a 50% equity stake in Sandals and Beaches Resorts for $3 billion, with the transaction expected to close in early 2027. According to Royal Caribbean Group, the partnership will include Sandals and Beaches’ ...