Caribbean News
Jamaican Reggae Month ends with Prime Minister’s Reception
#KINGSTON, March 5 (JIS): Earlier this week, the lawns of Jamaica House came alive with the pulsating sounds of authentic reggae music, with the staging of the Prime Minister’s Reggae Month Reception.
The venue was transformed into the centerpiece for a live stage show, which culminated Reggae Month celebrations in February. The setting was replete with the customary trappings of a popular stage show, including professional lighting and the rhythmic instrumentals of renowned live band – Lloyd Parkes and We the People Band.
The celebratory atmosphere was punctuated by swaying bodies, bobbing heads and tapping feet. So infectious was the music, Prime Minister, the Most Hon. Andrew Holness; and members of the Diplomatic Corps could not resist ‘dropping legs’ to the sounds of reggae acts such as Luciano, Shuga, Julian Marley, Gee Wiz, Rohan Morris, and Michigan, who gave electrifying performances.
Prime Minister Holness, who spoke to JIS News following the event, said it signified a celebration and appreciation of Jamaican music.
“This is the event which marks the end of the Reggae Month celebrations. It was truly a great event, a great display of talent and celebration of what is good about reggae. It is also a demonstration, in a real way, of the Government’s commitment to standing by the development of what is probably the greatest music form to have been created in the 21st Century,” he said.
Mr. Holness noted that through the staging, the Government is ensuring that the organisers of the music, the singers, the managers and all the people who are involved in the industry are brought together to reflect on the music, to discuss the issues and also to have a fraternity.
“As we socialised, we managed to get in a few conversations about what is important for the Government to develop music. Infrastructure came up. The music fraternity is saying they need a place or several places where they can truly develop the art form without having to contend with permits and lockdowns and all the other issues that plagued the music industry last year,” he said.
“We are committed to that. Minister Grange has started one of the entertainment zones, which we have committed to, and I know that this year there might be one or two more developed,” the Prime Minister added.
For her part, Minister of Culture, Gender, Entertainment and Sport, Hon. Olivia Grange, said the reception marked the end of the “biggest and the best” staging of Reggae Month.
“We have been able to cover all the genres, all the age groups, and the different aspects and elements that have gone into making Jamaican music the best in the world,” she added.
Ms. Grange said the celebrations also involved the diaspora for the first time, noting that Reggae Month celebrations were held in Miramar, Florida, in the United States (US) this year, and that there are plans to extend the celebration further across the US to Los Angeles, New York and Toronto next year.
Vice-Mayor, City of Miramar, Florida, Alexandria Davis, who was also in attendance, shared with JIS News that when she visited Jamaica for the launch of Reggae Month in December last year, she decided at that point that she wanted to be a part of “spreading this love of reggae music outside of the island of Jamaica and celebrating Reggae Month”
“I had not heard of such a month… so I wanted to add that [to our other celebrations] and it was very fitting that it fell in the month of February as we celebrate black history, and so we dubbed it ‘Black History Meets Reggae’.”
Ms. Davis further mused that a “sound clash” could be a “nice addition” to the activities for Reggae Month next year.
In the meantime, Chairman, Jamaica Reggae Industry Association (JaRIA), Ewan Simpson, said he was heartened by Reggae Month activities, which he said “brought extra life, extra energy, and extra visibility to brand Jamaica through reggae music.”
Public Relations and Marketing Director, Reggae Month 2020 Secretariat, Jacqueline Knight Campbell, told JIS News that she was extremely excited and pleased about the exposure that the brand, Reggae, has achieved for 2020.
She noted that reggae was exposed globally through multiple marketing streams and activities, including live streams, through the Reggae Month mobile app, which was installed on thousands of cellphones in six different languages across the world.
“We have had over 3,000 [persons] log on to the app [and] over 30 countries being exposed [to Reggae Month activities],” she said.
The reception also featured the work of two local artists – Christopher McKenzie and Patrick Kitson – who have done paintings and illustrations of many of Jamaica’s musical greats.
The Prime Minister was quite impressed with the work of Mr. McKenzie, who was recently diagnosed with a progressive neurodegenerative disease, Amyotrophic Lateral Sclerosis (ALS).
Mr. Holness bought a painting of artiste Koffee, made of coffee. The Prime Minister was also given a painting Mr. McKenzie did of the late former Prime Minister, the Most Hon. Edward Seaga, as a gift.
Reggae Month activities were celebrated under the theme ‘Come Ketch di Riddim’ and included an exhibition titled, ‘Jamaica Jamaica,’ at the National Gallery, which showcased the evolution of Jamaican music; the ‘Children of the Icons’ concert, that featured the offspring of some of the industry’s most influential artistes; and the Echoes of Sound Systems event at the National Indoor Sports Complex.
Reggae Month involved collaboration with the Ministry of Tourism, JaRIA, public and private-sector entities and other major stakeholders.
JIS News by ALECIA SMITH
By Deandrea Hamilton | Editor
September 28, 2026 – Wall Street initially flinched at the $3-billion handshake. But in a matter of days, it was smoother sailing.
Perhaps the bigger Caribbean business story is not what Sandals Resorts International is getting from the deal. It is who is writing the
cheque — and what that says about what Gordon “Butch” Stewart built.
As reports of Royal Caribbean Group’s Sandals deal circulated Tuesday, RCL shares plunged 6.14 percent from Monday’s $250.25 close to $234.89, on sharply elevated trading.
When the agreement became official Wednesday — approximately $3 billion for a 50 percent equity interest in Sandals and Beaches Resorts — shares slipped another 1.95 percent to $230.30 and touched $222.22 intraday. Investors were digesting both the size of the investment and committed debt financing secured through Morgan Stanley.
But by Thursday, RCL rebounded 3.77 percent, with shares continuing their recovery Friday to finish the week around $243. Analysts were also looking ahead: JPMorgan reportedly raised its RCL price target from $345 to $394, while Citi placed the company on a 90-day positive catalyst watch.
And just who is RCL?
Royal Caribbean Group is a global vacation giant, publicly traded on the New York Stock Exchange with a market value of roughly $65 billion. Its portfolio includes Royal Caribbean International, Celebrity Cruises and Silversea, alongside private destinations and an
expanding vacation platform.
So when a company of that scale commits $3 billion for only half of Sandals and Beaches Resorts, the transaction puts a striking financial marker on one of the Caribbean’s greatest home-grown hospitality success stories.
The deal, expected to close in early 2027, creates a 50-50 partnership with the Stewart family and takes Royal Caribbean deeper into the all-inclusive resort business.
Butch Stewart started Sandals in Jamaica in 1981 believing a Caribbean company could compete with the world’s best.
Forty-five years later, one of the world’s biggest vacation companies is prepared to pay $3 billion just to own half of what he built.
Now that’s the handshake that does more than seal a deal — it cements a legacy.
Caribbean News
Royal Caribbean Group and Sandals Resorts Announce Landmark Partnership to Accelerate Their Leading Vacation Experiences
Royal Caribbean Group Investment to Advance Sandals and Beaches’ Growth and Broaden the Group’s Vacation Portfolio
Montego Bay, Jamaica and Miami, September 24, 2026 – Royal Caribbean Group (NYSE: RCL) and Sandals Resorts today announced the signing of an agreement to form a partnership in the all-inclusive resort space with a 50% investment from Royal Caribbean Group. Building on Sandals and Beaches Resorts’ more than four decades of leadership in Caribbean hospitality, the joint venture will create new opportunities for continued resort growth while broadening the experiences across Royal Caribbean Group’s vacation platform.
The partnership brings together two of the travel industry’s most celebrated vacation companies, pairing Sandals and Beaches’ all-inclusive resort expertise with Royal Caribbean Group’s vacation platform, including industry-leading brands – Royal Caribbean, Celebrity Cruises and Silversea – a portfolio of private destinations, new river cruising offering, and an industry-first loyalty program. United in a shared history in the Caribbean and connected by a love for their communities, the companies will offer travelers an unparalleled collection of cruise, private destination and resort experiences, serving guests across more vacation occasions and establishing their undisputed leadership in Caribbean vacations.
The joint venture expands Royal Caribbean Group into an adjacent vacation category, growing its participation in the approximately $2 trillion global vacation market, and meets the growing global demand for Sandals and Beaches Resorts by accelerating their expansion. The partnership will include Sandals and Beaches’ collection of premier all-inclusive properties across the Caribbean, and the companies will explore opportunities to broaden distribution, deepen guest engagement, and make it easier for travelers to discover vacation experiences offered across both portfolios.
“For nearly 60 years, we’ve reimagined what a vacation can be, constantly expanding the ways we inspire our guests to explore, connect and create lifelong memories,” said Jason Liberty, Chairman and CEO, Royal Caribbean Group. “We have been building a vacation platform that brings joy to millions of people around the world and creates meaningful relationships that last with our guests. Our partnership with
Sandals and Beaches Resorts is an important next step on that journey – bringing together two iconic leading vacation companies to further strengthen and grow one of the most admired resort portfolios in the world. The Stewart family has created powerful and beloved brands, and we are honored to build on that legacy. Together, we see tremendous opportunity to expand the reach of Sandals and Beaches Resorts and continue turning the vacation of a lifetime into a lifetime of vacations.”
“My father, Gordon ‘Butch’ Stewart, founded Sandals Resorts with the belief that a company built in the Caribbean could stand on the world stage alongside the most respected names in hospitality. Today is proof of how far that vision can go,” said Adam Stewart, Executive Chairman of Sandals Resorts and Beaches Resorts. “This partnership is the natural next step in building on that conviction. It gives us the ability to grow faster with a partner that shares our values of exceptional hospitality, long-term investment, and the power of enduring brands. Together, we will introduce more guests to Sandals and Beaches Resorts while creating even more extraordinary experiences for those who have made our resorts part of their lives for decades.” Stewart added, “As we continue to grow, we will remain true to what has always defined us: delivering authentic vacations that exceed expectations while creating opportunities for our team members, travel advisor partners and the communities we call home. The future has never been brighter, and I know this moment would make my father incredibly proud.”
The joint venture will be governed by a board under the shared leadership of Stewart and Liberty. Stewart will maintain a leadership role in
guiding the company’s long-term strategic growth as Executive Chairman of Sandals and Beaches Resorts. Existing reservations, loyalty programs, resort operations and cruise operations will continue as usual, with the partnership bringing additional resources to support future opportunities.
Under the terms of the agreement, Royal Caribbean Group will acquire a 50% equity interest in Sandals and Beaches Resorts for approximately $3 billion, representing a forward EBITDA multiple of approximately 10x. Royal Caribbean Group has secured committed debt financing from Morgan Stanley to fund the investment. The transaction is expected to close in early 2027, subject to customary approvals and closing conditions, and is expected to be accretive to earnings next year.
BofA Securities and PJT Partners acted as financial advisors, and Latham & Watkins and Jones Day acted as legal advisors to the Sandals Group. Perella Weinberg Partners and Morgan Stanley acted as financial advisors and Kirkland & Ellis LLP acted as legal advisor to Royal Caribbean Group.
PHOTO CAPTION: Jason Liberty, Chairman and CEO of Royal Caribbean Group, and Adam Stewart, Executive Chairman of Sandals Resorts, mark the signing of an agreement to form a landmark partnership that expands Royal Caribbean Group into the all-inclusive resort space and supports the future growth of Sandals and Beaches Resorts. The signing took place at Royal Caribbean Group’s new headquarters in Miami, with the city’s skyline in the background.
The Caribbean tourism deal first reported as a possibility on Tuesday is now a signed agreement. Royal Caribbean Group plans to pay
approximately US$3 billion for a 50% stake in Sandals and Beaches Resorts, putting the value of the business at about US$6 billion. The purchase is expected to close in early 2027, subject to approvals.
Founded in Jamaica by the late Gordon “Butch” Stewart in 1981, the resort business has a presence across nine Caribbean destinations, including Jamaica, The Bahamas and Turks and Caicos. Sandals has described its workforce as nearly 20,000 people, most of them Caribbean nationals.
“My father, Gordon ‘Butch’ Stewart, founded Sandals Resorts with the belief that a company built in the Caribbean could stand on the world stage alongside the most respected names in hospitality,” said Adam Stewart in the announcement carried by PR Newswire. He will remain executive chairman, while the Stewart family retains a stake. The companies say existing reservations and resort operations will continue as usual.
-
Bahamas News1 week agoThe Bahamas Reaffirms Support for Ukraine at International Conference in Toronto
-
News7 days agoInvest Turks and Caicos Officially Opened Caya Hico Collective, Grand Turk MSME Storefront
-
Bahamas News1 week agoWalk for the Cure Every Saturday This October
-
Health1 week agoTCI Hospital Marks Breast Cancer Awareness Month 2026 with “Know. Check. Act. Support.” Campaign
-
Health4 days agoCleveland Clinic First in Ohio to Perform Robotic Nipple-Sparing Mastectomy