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$XAU
Royal Caribbean acquires 50% of Sandals resorts for $3 billion
Royal Caribbean Group (F:RCL) announced that it has acquired a 50% stake in Sandals and Beaches resorts for roughly $3 billion, as the cruise company expands its business to include the all-inclusive resort market, according to what the two companies said on Wednesday.
This investment will lead to the establishment of a joint venture that combines the Sandals and Beaches resort portfolio in the Caribbean region, along with Royal Caribbean’s operations in the cruise, destinations and tourism sectors.#AIStocksWhatNext #ZECBreaksAbove$1600AtRecordHigh #BitcoinBreaksAboveMayHighNears$86K
$XAU
Royal Caribbean acquires 50% of Sandals resorts for $3 billion
Royal Caribbean Group (F:RCL) announced that it has acquired a 50% stake in Sandals and Beaches resorts for roughly $3 billion, as the cruise company expands its business to include the all-inclusive resort market, according to what the two companies said on Wednesday.
This investment will lead to the establishment of a joint venture that combines the Sandals and Beaches resort portfolio in the Caribbean region, along with Royal Caribbean’s operations in the cruise, destinations and tourism sectors.#AIStocksWhatNext #ZECBreaksAbove$1600AtRecordHigh #BitcoinBreaksAboveMayHighNears$86K
