Sandals Resorts Explores Sale for Over $6 Billion, WSJ Reports
Skift Take
Sandals Resorts, the Caribbean luxury all-inclusive operator, is said to be restarting sale efforts a few years after its founder's death. The potential move comes as the brand makes a multi-million dollar marketing push.
Sandals Resorts International has renewed efforts to sell itself, and hopes to fetch between $6 billion and $7 billion, according to a report Wednesday in the Wall Street Journal.
The Jamaican-based luxury all-inclusive operator, which markets couples-only vacations across the Caribbean, has engaged bankers to explore a sale process, the Wall Street Journal said, citing anonymous sources.
"Sandals Resorts does not comment on market speculation,"
