Royal Caribbean acquires stake in resort operator Sandals for $3 billion
23/09/2026 06:02
Royal Caribbean acquires stake in resort operator Sandals for $3 billion Sept 23 (Reuters) - Royal Caribbean Group RCL.N said on Wednesday it had agreed to acquire a 50% stake in Caribbean resorts operator Sandals Resorts International, expanding the cruise company's presence in land-based vacation experiences.
The cruise operator will buy the stake for $3 billion, the company said.
(Reporting by Angela Christy and Abu Sultan in Bengaluru; Editing by Maju Samuel)