Royal Caribbean nears deal for Sandals valuing resorts at more than $6bn

Royal Caribbean is on the brink of acquiring Sandals Resorts in a landmark deal valued at over $6 billion, marking the cruise giant's boldest move yet to diversify its portfolio beyond the seas. This acquisition signifies a strategic shift to cater to tourists who seek integrated land and sea experiences. The transaction underscores the growing trend of all-inclusive resorts merging with cruise operations to offer seamless travel packages, reflecting a broader industry trend towards holistic vacation solutions. For Royal Caribbean, this deal could reshape its business model and set a new benchmark in the travel industry.