{"id":1718,"date":"2017-05-11T18:57:51","date_gmt":"2017-05-11T18:57:51","guid":{"rendered":"http:\/\/antiguanewsroom.net\/?p=1718"},"modified":"2017-07-23T17:36:10","modified_gmt":"2017-07-23T17:36:10","slug":"this-is-not-new-sandals-responds-to-reports-of-a-sale","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/","title":{"rendered":"\u201cThis is not new\u201d Sandals responds to reports of a sale"},"content":{"rendered":"
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Sandals Resorts International has told Antigua News Room that \u201cit\u2019s business as usual,\u201d in response to Reuters News Agency report that the hotel chain could be sold.<\/p>

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\u201cSandals Resorts International is exploring options to accelerate the company\u2019s long-term growth and development plans,\u201d the company said in a statement.<\/p>\n

\u201cThis is not new\u201d the statement said adding \u201cmeanwhile, it\u2019s business as usual.\u201d<\/p>

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Reuters reports today that Sandals Resorts International, is exploring strategic alternatives including a potential sale of the company.<\/p>

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The report said a sale would mark the first change in ownership for the company since it was founded 36 years ago by Gordon “Butch” Stewart, who built it into the largest non-government employer in Jamaica and created resorts across the Caribbean.<\/p>\n

According to the report, Sandals has hired investment bank Deutsche Bank AG (DBKGn.DE<\/a>) to explore several options, including a sale of a majority stake in the company.<\/p>

\"\"<\/a><\/div>\n

Reuters sources said it could be worth well over $1 billion, including debt. There is no certainty the move will result in any deal, the sources added.<\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

Sandals Resorts International has told Antigua News Room that \u201cit\u2019s business as usual,\u201d in response to Reuters News Agency report that the hotel chain could be sold. \u201cSandals Resorts International is exploring options to accelerate the company\u2019s long-term growth and development plans,\u201d the company said in a statement. \u201cThis is not new\u201d the statement said […]<\/p>\n","protected":false},"author":3,"featured_media":1719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"yoast_head":"\n\u201cThis is not new\u201d Sandals responds to reports of a sale - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cThis is not new\u201d Sandals responds to reports of a sale\" \/>\n<meta property=\"og:description\" content=\"Sandals Resorts International has told Antigua News Room that \u201cit\u2019s business as usual,\u201d in response to Reuters News Agency report that the hotel chain could be sold. \u201cSandals Resorts International is exploring options to accelerate the company\u2019s long-term growth and development plans,\u201d the company said in a statement. \u201cThis is not new\u201d the statement said […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-11T18:57:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-07-23T17:36:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2017\/05\/Anr-Sandals-new-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"910\" \/>\n\t<meta property=\"og:image:height\" content=\"466\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"\u201cThis is not new\u201d Sandals responds to reports of a sale\",\"datePublished\":\"2017-05-11T18:57:51+00:00\",\"dateModified\":\"2017-07-23T17:36:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/\"},\"wordCount\":188,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:910\/h:466\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2017\/05\/Anr-Sandals-new-1.jpg\",\"articleSection\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/\",\"url\":\"https:\/\/antiguanewsroom.com\/this-is-not-new-sandals-responds-to-reports-of-a-sale\/\",\"name\":\"\u201cThis is not new\u201d Sandals responds to reports of a sale - 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