Financial Ports

$3bn Deal: Royal Caribbean Takes Over Sandals in Caribbean Power Play

CLAVE 1 / 4Royal Caribbean Group will pay $3 billion for a 50% equity interest in Sandals and Beaches Resorts.

CLAVE 2 / 4The deal values the Caribbean luxury resort chain at over $6 billion, one of the largest in hospitality history.

CLAVE 3 / 4Sandals operates 17 couples-only resorts and 3 family-focused Beaches properties across the Caribbean.

CLAVE 4 / 4Royal Caribbean aims to cross-sell cruise and resort packages, leveraging its 71-ship fleet and 175,000 berths.

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