Royal Caribbean Moves Onto Land With $3 Billion Deal for Half of Sandals

Photo Credit: Sandals Resorts This story has been updated with the official announcements from Royal Caribbean Group and Sandals Resorts. Royal Caribbean Group is buying half of Sandals Resorts and Beaches Resorts, the family-owned Caribbean all-inclusive brands. The deal is Royal Caribbean's biggest step yet from sea to land. The companies announced the deal Wednesday, confirming reports from a day earlier. Royal Caribbean will pay about $3 billion in cash for a 50% stake, which values the business at about $6 billion. Royal Caribbean disclosed the 50% figure in a filing with the U.S. Securities and Exchange Commission. The deal is expected to close in early 2027, subject to approvals. The deal covers Sandals' adults-only resorts in Jamaica, Antigua, Saint