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Nobody could have seen what would happen in the last quarter of 2008 ... The world darkened. In those circumstances, the debt issue had to be resolved.
– Sol Kerzner SOURCE: Yahoo! Canada Finance -
31 (Bloomberg) -- At.mosphere restaurant on the 122nd floor of Burj Khalifa, Dubai’s final extravagance before the financial crisis, offers a vista of the boom years. Floor-to-ceiling windows look out over the sail-shaped Burj al-Arab hotel, Sol...
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The buyers piled $2.5 billion of debt on the Bahamian Atlantis and the two other resorts to finance the buyout.Kerzner continues to manage a handful of other One & Only resorts as well as the Atlantis The Palm resort in Dubai, which it owns with...
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The two will work closely on overall corporate strategy and on growth of both its Atlantis and its highest-end One&Only brands, the Tribune's story says. The Nassau Guardian's story from Friday points out that the CEO change comes as Kerzner...
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This transaction will permit Kerzner to move forward as a management company, allowing us to get back to doing what we do best – designing and managing world-class destination and luxury resorts under the Atlantis and One&Only brands
– Sol Kerzner SOURCE: Street Insider -
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By Kris Hudson Five years after resort operator Kerzner International Holdings Ltd. was taken private in a $4 billion buyout by a group of big-name investors—including Goldman Sachs Group Inc.'s Whitehall funds and Colony Capital LLC—the deal has turned
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In my former life as a PR man, Sol once asked me to come over for a couple of days to discuss a problem. Having seen the Lost Palace at Sun City, I was expecting something spectacular but nothing could have prepared me for the reality. The hotel and...
About Sol Kerzner
Wikipedia
Solomon (Sol) Kerzner (born 23 August 1935) is a South African hotel and gambling magnate. Full Article
