Weekly Recap: 50% Sandals & Beaches buy for ~$3B and expected $300M EBITDA
Royal Caribbean Group (NYSE:RCL) will buy 50% of Sandals & Beaches for about $3B—creating an $6B JV across ~18—20 Caribbean resorts with CEO Jason Liberty co-chairing alongside Adam Stewart—expected to close early 2027, add ~$300M EBITDA and prompting analyst target revisions and an upgrade.Previou…