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Royal Caribbean Buys 50% Stake in Sandals Resorts for $3 Billion

Royal Caribbean Group is acquiring a 50% equity stake in Sandals and Beaches Resorts for $3 billion. Announced Wednesday, the deal expands the cruise line's land-based destination portfolio. The transaction is expected to close in early 2027. This partnership aims to accelerate vacation experiences for both brands. While most reports confirm the $3 billion figure, one source suggests a higher deal value of $6 billion, coinciding with the worst single-day drop for RCL stock in six months.

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  • βœ“ Royal Caribbean is acquiring a 50% equity stake in Sandals and Beaches Resorts for $3 billion.
  • βœ“ The transaction is expected to close in early 2027.
  • βœ“ The partnership includes both Sandals and Beaches brands.
πŸ›‘οΈ Source Corroboration: 5 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Royal Caribbean announced the $3 billion acquisition of a 50% stake in Sandals and Beaches Resorts with a projected 2027 closing date.

Live updates

  1. Royal Caribbean to acquire 50% stake in Sandals Resorts for $3 billion

    Royal Caribbean Group is acquiring a 50% equity stake in Sandals and Beaches Resorts for $3 billion. Announced Wednesday, the deal expands the cruise line's land-based destination portfolio. The transaction is expected to close in early 2027. This partnership aims to accelerate vacation experiences for both brands. While most reports confirm the $3 billion figure, one source suggests a higher deal value of $6 billion, coinciding with the worst single-day drop for RCL stock in six months.

    Why it matters

    The move integrates luxury land resorts with cruise operations to create a more comprehensive vacation offering. This diversification reduces reliance on ship-based revenue. The deal involves both the Sandals and Beaches brands.

    What is confirmed

    • Royal Caribbean is acquiring a 50% equity stake in Sandals and Beaches Resorts for $3 billion.
    • The transaction is expected to close in early 2027.
    • The partnership includes both Sandals and Beaches brands.

    Still unconfirmed

    • The deal value is $6 billion.
    • RCL stock experienced its worst day in six months following reports of the deal.

    What to watch next

    • Confirmation of final deal value
    • Regulatory approval of the equity stake
    • Official closing of the transaction in early 2027
    Sources used for this update (6)
    1. CNBC β€” Royal Caribbean nears $3 billion deal to take 50% equity stake in Sandals
    2. Yahoo Finance β€” RCL Stock Drops To Worst Day In Six Months β€” Royal Caribbean Reportedly Nears $6B Deal For Sandals Resorts
    3. Reuters β€” Royal Caribbean acquires stake in resort operator Sandals for $3 billion
    4. Yahoo Finance β€” Royal Caribbean Buys 50% Stake in Sandals Resorts for $3 Billion
    5. PR Newswire β€” ROYAL CARIBBEAN GROUP AND SANDALS RESORTS ANNOUNCE LANDMARK PARTNERSHIP TO ACCELERATE THEIR LEADING VACATION EXPERIENCES
    6. finance.yahoo.com β€” Royal Caribbean plans to buy stake in Sandals Resorts for $3 billion
    confidence 90%
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