$RCL Nears Historic $6B+ Acquisition of Sandals Resorts to Expand Into Land-Based Vacations

Royal Caribbean Group ($RCL) is nearing an agreement to acquire a majority stake in Sandals Resorts International in a transaction valuing the luxury all-inclusive hospitality operator at over $6 billion, according to the Financial Times. If finalized, the transaction will mark the largest acquisition in Royal Caribbean’s history.
The potential purchase would integrate 20 Caribbean resort properties into Royal Caribbean’s ecosystem, marking a major strategic expansion beyond maritime cruises and into land-based resort travel. The move is designed to capture broader vacation wallet share and cross-sell all-inclusive terrestrial stays directly to Royal Caribbean's existing passenger base across key Caribbean destinations.