• Royal Caribbean acquires fifty percent stake
• Landmark three billion dollar joint venture
• Expansion into all-inclusive land resorts
• Joint leadership under Liberty and Stewart

The travel industry is witnessing a monumental transformation as Royal Caribbean Group officially announces a groundbreaking partnership to acquire a fifty percent equity stake in Sandals Resorts International. Valued at approximately three billion dollars, this strategic joint venture expands Royal Caribbean beyond the cruise sector and into the premier all-inclusive land-based resort market. By uniting two of the most celebrated and trusted names in Caribbean hospitality, the alliance brings together industry-leading cruise brands with world-renowned adults-only Sandals properties and family-friendly Beaches resorts. Leadership from both companies emphasizes that this collaboration aims to accelerate global expansion, broaden guest engagement, and create seamless, multi-faceted vacation experiences across land and sea.

Under the terms of the agreement, existing resort operations, guest reservations, and loyalty programs will continue smoothly without interruption as the companies work toward a planned transaction closure in early 2027. Adam Stewart will maintain his visionary leadership role as Executive Chairman, preserving the rich family legacy and deep regional roots established by his late father, Gordon Butch Stewart. Meanwhile, Royal Caribbean Group Chairman and CEO Jason Liberty highlights that the partnership serves as a natural evolution of the company’s overarching vision to provide a lifetime of unforgettable vacation memories. This forward-thinking alliance strengthens both portfolios and unlocks exciting new horizons for travelers seeking the ultimate tropical getaway.