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Royal Caribbean Group plans a US$3-billion purchase of half of Sandals and Beaches resorts. Jamaican tourism and private-sector groups welcome the deal, while the government seeks commitments on local benefits.



5 reports from 2 outlets · First reported Fri, Sep 25
Royal Caribbean Group plans to acquire a 50% stake in Sandals and Beaches resorts for US$3 billion.
Jamaica Gleaner +1The deal is expected to close in early 2027, while Jamaican officials and industry groups have broadly welcomed it.
Jamaica Gleaner +2Minister Edmund Bartlett wants talks on impacts for Jamaican jobs, suppliers, training, procurement and investment.
Jamaica Gleaner +1Specific commitments from the companies on benefits for Jamaica were not detailed in the coverage.
Jamaica Gleaner +1Automatically summarised from the coverage below.

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