Caribbean News
‘Black is Beauty’ Caribbean Connection: Activist, National Hero Marcus Mosiah Garvey
By Dana Malcolm
Staff Writer
#Jamaica, February 9, 2023 – Born in Saint Ann, Jamaica in 1887 Marcus Mosiah Garvey was one of the most influential Black leaders of the 20th century; his influence is recognized throughout the Caribbean as well as in the
United States.
Garvey, born into a middle class family had the opportunity to travel extensively as a young man in the early 20th century, visiting places like Costa Rica and the UK where observed the conditions of the black working class, who were often poor and disenfranchised.
This awakened the activist in the man who believed Africans would be better off in Africa, as a unified nation, with one leader living and working and dreaming in solidarity.
A Pan-Africanist at heart; after seeing the reality of Black people globally and reading black scholars like Booker T Washington he returned to Jamaica and at 28 years old, in 1914 Garvey founded the Universal Negro Improvement Association and African Communities League UNIA-ACL more commonly known as the UNIA with his wife Amy Ashwood.
Only two years later he moved to Harlem, often described as a Black cultural Mecca at the time and began to share his ideas with the Black people there. The idea grew and soon, his newspaper Negro World was born. 
Needless to say his writings ruffled feathers and drew strong opposition from powerful groups in the United States. History chronicles that Garvey became the target of repeated raids from US investigators at the hand of the Director of the then Bureau of Investigation Edgar Hoover.
Garvey would marry a second time in 1922; Amy Jacques, a Jamaican journalist who remained his partner until death.
Marcus Garvey had several specific goals and beliefs that he hoped the Black community globally would adopt including:
- The end of colonial rule (which at the time was still prevalent)
- Unity between Africa and the African diaspora
- The Back-to-Africa movement which encouraged Black people to go back to their ancestral homes instead of settling where they had been forced
After being charged and convicted in a US court on mail fraud charges, he was deported to Jamaica. There he continued his work with the UNIA.
He passed away in England in 1940 and was posthumously named a Jamaican national hero.
Marcus Garvey was a controversial figure not least of all because of his belief in black separatism and while his
launch pad for a global black economy based off of trade, a shipping company called the Black Star Line, eventually failed he was a powerful symbol of what black people could do, had they the right means.
He constantly refuted long-held stereotypes about Black people, and planted the seeds of black equality that civil rights leaders would build on in the years following, a true contributor to the black diaspora.
Curiously, despite this burning passion about Africa and its far flung descendants, it continues to stun lovers and followers of Garveyism that this great advocate never had the opportunity to step foot on – that is to say, visit – the mighty motherland, the Continent of Africa.
Today, streets and monuments are named and erected in his honour in the various countries of Africa, including Namibia and there is a voice that will not be quieted; calling for the civic leader to be cleared of all charges as the campaign to have Garvey publicly exonerated, builds momentum.
He is saluted here during Black History Month, where we share the stories of those who have proven that Black is Beauty.
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.
-
News1 week agoInvest Turks and Caicos Officially Opened Caya Hico Collective, Grand Turk MSME Storefront
-
Health7 days agoCleveland Clinic First in Ohio to Perform Robotic Nipple-Sparing Mastectomy
-
News3 days agoBeaches Turks & Caicos strengthens year-round commitment with local craft vendors and transport operators
-
News1 day agoBeaches Turks & Caicos gives Enid Capron Primary a pre-term facelift
-
Bahamas News4 days agoTwo Months On, The Bahamas Academy of Sciences Turns Fifty Years of Research into Action