Royal Caribbean in Talks to Buy Half of Sandals in Reported $3 Billion Deal
Royal Caribbean is in talks to acquire a 50 percent stake in Sandals Resorts in a deal that would value the Caribbean hotel company at $6 billion, according to a CNBC report published Tuesday.
Citing a person familiar with the discussions, CNBC said Royal Caribbean would pay about $3 billion for the stake. The talks are ongoing, and there is no guarantee a deal will be reached.
The proposed investment would give Royal Caribbean a major foothold in Caribbean all-inclusive resorts as the cruise company expands its vacation offerings beyond ships and private destinations. Sandals and its Beaches brand operate more than a dozen properties across the region.
Royal Caribbean shares fell roughly 6 percent following reports of the potential transaction, which was first reported by the Financial Times, CNBC said.
Neither company had responded to CNBC’s requests for comment at the time of its report.

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Shermain Bique-Charles is an accomplished journalist with over 24 years of dynamic experience in the industry. Renowned for her exceptional storytelling and investigative skills, she has garnered numerous awards that highlight her commitment to journalistic integrity and excellence. Her work not only informs but also inspires, making her a respected voice in the field.
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