Royal Caribbean plans $3 billion investment in Sandals and Beaches Resorts
The cruise group has agreed to acquire a 50% equity interest as part of a partnership targeting the all-inclusive resort market.
Royal Caribbean Group announced on September 23, 2026, that it had signed an agreement with Sandals Resorts to establish a partnership in the all-inclusive resort market.
Under the agreement, Royal Caribbean Group will acquire a 50% equity interest in Sandals and Beaches Resorts for approximately $3 billion. The company said it has secured committed debt financing from Morgan Stanley for the transaction.
The deal is expected to close in early 2027, subject to customary approvals and other closing conditions. No additional details about the partnership’s operations were included in the announcement.
Royal Caribbean shares traded at EUR 246.45 through Lang & Schwarz at 6:46 p.m. CEST on October 4, 2026. The price was unchanged from the EUR 246.45 close recorded on the previous Xetra trading day, October 2.
