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Atlantis The Palm, opened on 24 September 2008 as a joint venture between Kerzner International Holdings Limited and Istithmar World. In April 2012, Istithmar World acquired Kerzner's 50-percent stake in the property for US$250 million.
Atlantis Resorts, a subsidiary of Kerzner International, is a resort company that was created to operate the Atlantis resorts in Dubai (United Arab Emirates), and Sanya . Kerzner operates three resorts that include Atlantis The Palm, Dubai ; Atlantis Sanya, China ; and Atlantis The Royal, Dubai .
Kerzner extended the Atlantis brand globally with the development of Atlantis, The Palm, Dubai, with a 1,500-room, water-themed resort opened in late-September 2008 on The Palm Jumeirah; a multibillion-dollar leisure and residential development in Dubai.
After acquiring the entertainment resort Atlantis the Palm in 2013, ICD has purchased significant equity interest in the international firm that manages it, Kerzner International. This was followed by Mohammed Al Shaibani replacing Sol Kerzner as the chairman of the international luxury hotels developer after the latter's retirement in April ...
The iconic Atlantis The Palm, Dubai is a luxury hotel resort located at the apex of the Palm Jumeirah in the United Arab Emirates. It was the first resort to be built, in 2008, on the island and is themed on the myth of Atlantis. Source Hotel Atlantis at Sunset, The Palm - Dubai. Date 2020-02-06 16:26 Author Sergio Boscaino from Busseto, Italy
17% of ICD's assets consist of eight major holdings, including the Dubai World Trade Centre (“DWTC”), Kerzner International Holdings Limited (“Kerzner”), the UNESCO-protected Porto Montenegro in the Bay of Kotor, Atlantis The Palm, [65] Atlantis The Royal at The Palm, Mandarin Oriental New York, One&Only Palmilla, and One&Only Cape Town ...