MIAMI — Royal Caribbean Group has acquired a 50% stake in Sandals and Beaches Resorts, in a deal worth US$3 billion. The transaction is expected to close in early 2027, subject to customary approvals and closing conditions.
MIAMI — Royal Caribbean Group has acquired a 50% stake in Sandals and Beaches Resorts, in a deal worth US$3 billion.
The transaction is expected to close in early 2027, subject to customary approvals and closing conditions.
"My father, Gordon 'Butch' Stewart, founded Sandals Resorts with the belief that a company built in the Caribbean could stand on the world stage alongside the most respected names in hospitality.
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MIAMI — Royal Caribbean Group has acquired a 50% stake in Sandals and Beaches Resorts, in a deal worth US$3 billion. The transaction is expected to close in early 2027, subject to customary approvals and closing conditions. "My father, Gordon 'Butch' Stewart, founded Sandals Resorts with the belief that a company built in the Caribbean could stand on the world stage alongside the most respected names in hospitality.
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