Royal Caribbean Sandals Resorts marks a major strategic partnership between the global cruise group and the Jamaican all-inclusive hotel operator. Royal Caribbean Group will acquire a 50% stake in Sandals Resorts for approximately $3 billion. The transaction values the business at around ten times expected EBITDA and represents Royal Caribbean’s largest acquisition to date. The...Read More

Lefay Resorts & Residences has formed a strategic partnership with Marriott International through a 50-50 joint venture. The deal marks the Italian brand’s entry into Marriott’s global portfolio. The partners will create a jointly owned NewCo. It will support Lefay’s international expansion and strengthen its positioning in the luxury wellness segment. The brand aims to...Read More