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

Royal Caribbean is nearing a deal worth approximately $3 billion to acquire a 50% equity stake in Sandals Resorts International, according to reports.

The potential transaction would mark a significant step in Royal Caribbean's strategy to diversify beyond its core cruise business and position itself as a broader leader in the vacation and hospitality industry.

Sandals, known for its all-inclusive resorts across the Caribbean, would give Royal Caribbean a foothold in land-based luxury travel, complementing its existing fleet of cruise ships and private island destinations.

Details of the deal, including its structure and timing, have not been fully disclosed, and both companies have not issued detailed public statements confirming final terms.

The move comes as major travel and leisure companies increasingly look to expand their offerings across multiple types of vacation experiences in order to capture a larger share of consumer travel spending.