Royal Caribbean buys stake in resort operator Sandals for $3 billion
Royal Caribbean recently acquired a 50 percent stake in operator ​Sandals Resorts International for $3 billion.
This move is aimed at expanding Royal Caribbean's land-based offerings for tourists in order to boost travel spending and give people more experiences.
BloggerAtLarge.com writer Megan Singleton says this will likely lead to a mix of land and cruise-based all-inclusive experiences for travellers.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you