$RCL (ROYAL CARIBBEAN CRUISES) — 8-K: Royal Caribbean takes 50% stake in Sandals Resorts joint venture

Royal Caribbean Group signed an agreement to form a joint venture in the all-inclusive resort space with a 50% investment, partnering with Sandals Resorts and Beaches Resorts. The venture will include Sandals and Beaches premier all-inclusive properties across the Caribbean and expands Royal Caribbean into an adjacent vacation category within the approximately $2 trillion global vacation market. The companies will explore opportunities to broaden distribution and deepen guest engagement across both portfolios.

Royal Caribbean Group signed an agreement to form a joint venture in the all-inclusive resort space with a 50% investment, partnering with Sandals Resorts and Beaches Resorts. The venture will include