RCL Acquires 50% Equity in Sandals and Beaches Resorts for $3.0 Billion
· The NYC Memo
On September 23, 2026, Royal Caribbean Cruises Ltd. announced definitive agreements to acquire a 50% equity interest in Sandals and Beaches Resorts for approximately $3.0 billion in cash. The transaction is expected to close in early 2027, subject to customary conditions, and is projected to be accretive to earnings next year.