Royal Caribbean Cruises Confirms It Will Acquire 50% Stake In Sandals And Beaches Resorts Holding Company For ~$3B In Cash

Royal Caribbean Cruises Ltd. announced on September 23, 2026, that it will acquire a 50% stake in Sandals and Beaches Resorts for approximately $3 billion in cash. The company has arranged committed debt financing from Morgan Stanley to support this investment. The transaction is anticipated to close in early 2027, pending customary approvals and closing conditions.