Admiral Cruises, a company Royal Caribbean acquired in 1988, leased the island until 2050 in 1985, according to Royal Caribbean. In 2019, the island got a $250 million makeover.

The company’s private island, previously just CocoCay, was relaunched in 2019 following a $250 million renovation. The destination has water slides, pools, a zip line, cabanas, dining venues and ...