Royal Caribbean Buys 50% Stake in Sandals for $3 Billion
Royal Caribbean Group has agreed to acquire a 50% cash stake in all-inclusive brands Sandals Resorts and Beaches Resorts, valuing the hospitality business at $6 billion.
The Hospitality Newsletter
· 🏝️ Resort MarketsCaribbean hospitality news covering island resorts, all-inclusive properties, cruise tourism, and tropical hospitality markets.
Caribbean hospitality accelerates institutional consolidation and luxury expansion while facing environmental resistance and seaweed disruptions.
Cruise Expansion ·Royal Caribbean agreed to acquire a 50% stake in Sandals and Beaches Resorts for $3 billion, valuing the operator at $6 billion.
↑Environmental Friction ·Mexican authorities blocked Royal Caribbean's 107-hectare Perfect Day Mexico resort near the Mesoamerican Barrier Reef over environmental concerns.
↓Sargassum Pressures ·Mexico committed $115 million to combat record sargassum seaweed levels as mounting coastal clean-up costs force hotels to cut room rates.
↓Luxury Pipeline ·Hilton appointed Kolin Pound to oversee 315 operating hotels and 150 pipeline properties across the Caribbean and Latin America.
↑Outlook
Royal Caribbean's planned early 2027 closing for its Sandals joint venture will reshape regional all-inclusive resort competition.
Royal Caribbean Group has agreed to acquire a 50% cash stake in all-inclusive brands Sandals Resorts and Beaches Resorts, valuing the hospitality business at $6 billion.
Cloud5 Communications has signed a definitive agreement to acquire interTouch CALA, expanding its hospitality technology and communications footprint across Mexico, the Caribbean, and…
Royal Caribbean Group has completed its public offering of $1.25 billion in 5.550% senior unsecured notes due in 2034.
Mexico is investing $115 million into specialized vessels, offshore barriers, and monitoring systems to combat record levels of sargassum washing up on Caribbean beaches.
This feed tracks the latest sustainability developments, green certifications, and environmental initiatives within the Caribbean hotel industry.
The Caribbean Hotel and Tourism Association (CHTA) will host the CHIEF 2026 forum from November 16-18 at the Wyndham Grand Barbados.
Andaz Turks & Caicos at Grace Bay has named Matt Skaletsky as General Manager to oversee the 183-key resort's operations and 2027 opening.
IHG Hotels & Resorts is expanding its luxury footprint in the Caribbean with the scheduled November 2026 opening of the InterContinental Grenada-La Sagesse.
Record-breaking volumes of sargassum seaweed are washing ashore across the Caribbean and Gulf regions, creating structural threats to tourism and forcing hotels to adjust pricing.
Mexican authorities have rejected Royal Caribbean's ambitious 'Perfect Day Mexico' development in Mahahual following significant environmental concerns and community backlash.
This report details the Caribbean's post-pandemic tourism surge, highlighting a 10% RevPAR increase while addressing structural risks like demand vulnerability and brand health.
Remington Hospitality has announced the opening of ONE|GT, a 97-suite lifestyle luxury hotel in George Town, Grand Cayman, marking a significant expansion in the Caribbean market.
The HospitalityNet archive feed has reached its page limit, directing users to use search and category filters to discover additional Caribbean sales and marketing content.
Meliá Hotels reports a surge in summer bookings for Spain and the Caribbean as travelers avoid conflict zones in the Middle East.
The Bahamas has been selected to host the 2027 Global Sustainable Tourism Council Conference in Nassau, making it the first Caribbean destination to host the prestigious event.
Aruba Marriott Resort & Stellaris Casino has promoted Aisling Seberry to Director of Sales & Marketing, where she will lead sales, PR, and digital marketing strategies.
Hilton has announced a franchise agreement for the 125-key Paradise Breeze Nassau, marking the Curio Collection's debut in The Bahamas and a strategic return to the island.
Royal Caribbean Group agreed to pay approximately $3 billion for a 50% equity stake in Sandals Resorts and Beaches Resorts, valuing the hospitality business at $6 billion. The joint venture expands the cruise company into land-based all-inclusive resorts and is scheduled to close in early 2027.
Kolin Pound serves as Area President for Hilton's Caribbean and Latin America region. Appointed from Ares Management, Pound oversees operations across 315 existing properties and manages a development pipeline of 150 hotels throughout the region.
Ocean Eden Bay will rebrand to Ocean Allure Eden Bay in November 2026. The 444-suite property, operated by Ocean Signature Resorts, will transition to an upgraded luxury all-inclusive model featuring elevated food and beverage options and standard premium amenities.
The Caribbean Hotel and Tourism Association will host the CHIEF 2026 forum from November 16–18, 2026, at the Wyndham Grand Barbados. The event focuses on preparing hoteliers for 2030 through artificial intelligence integration, sustainability practices, and workforce development.
Get the briefing when it lands
One notification a day, the moment the edition publishes. No email needed.