Skip to content

Sandals Hotels Looks to Wall Street to Fund Caribbean Expansion

  • Privately held company to take on debt to build new resorts
  • CEO dismisses rumors that luxury hotel chain is up for sale
Sandals hotel and resort in Jamaica.
Photographer: John Greim/LightRocket via Getty Images

Sandals Resorts International is looking to Wall Street to help finance as many as a dozen new Caribbean hotels as the luxury resort manager ditches its conservative strategy of building just one project per year and keeping debt right down.