Kerzner International Holdings Limited, which through its subsidiaries is a leading international developer and operator of destination resorts, casinos and luxury hotels, has entered into an agreement with Hainan Gezhouba Industrial Company Limited with

Luxe lovers, look out - China is preparing to get their first One&Only resort, One&Only Sanya, in 2014. Kerzner International Holdings, the ownership group behind One&Only and Atlantis Resorts, has announced plans for a 180-room luxury property on Tufu B

SANYA, Hainan — An international developer and operator of luxury hotels is targeting the competitive hotel market in Sanya. Kerzner International Holdings Ltd, based in Dubai, whose flagship brand is Atlantis in the Bahamas and Dubai, will locate its fi

Jan. 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 Ker

By Kris Hudson Brookfield Asset Management Inc. has canceled a deal to take control of the huge Atlantis resort in the Bahamas and two other resorts from Kerzner International Holdings Ltd. after other creditors obtained a court ruling delaying the deal.

Over the last four decades, Kerzner helped bring resorts to a new scale and make resort openings over-the-top, celebrity-filled events. He'll remain chairman of the board, while longtime Kerzner executive Alan Liebman becomes the new CEO. The two will wo

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

JOHANNESBURG - To appreciate Sol Kerzner’s loss in transactions with the Canadian property company Brookfield last week, you have to have visited Atlantis in the Bahamas. In my former life as a PR man, Sol once asked me to come over for a couple of days

Kerzner International Holdings handed ownership of two of its Bahama properties to Brookfield Asset Management as part of a debt restructuring deal, Business Day reported on Friday. According to the report, Kerzner's US175 million (about R1.4 billion) de

According to the report, Kerzner's $175-million -- about R1.4-billion -- debt owed to Brookfield would be wiped clean for ownership of the Bahamas-based Atlantis and the Bahamas One&Only Ocean Club. The deal included a 50% interest in the One&Only Palmil

Global resort company Kerzner International said Tuesday that it would transfer ownership of one of the Caribbean's largest and best-known destinations to a Canadian property company to help ease its debt burden. Kerzner said it had reached an agreement

NASSAU, Bahamas -- Prime Minister Hubert Ingraham advised this afternoon that Kerzner intends to transfer its ownership of the Atlantis Resorts and Paradise Island properties including the One and Only Ocean Club to Brookfield, a Canadian publicly-traded

Kerzner International Ltd. unveiled Tuesday a debt-for-equity restructuring that will transfer ownership of its Atlantis mega resort in the Bahamas to a Toronto real estate and asset management company. The resort owner and operator, which has been locke

Drag the "Y!" FILE - In this April 27, 2007 file photo provided by Atlantis on Paradise Island, guests at the Atlantis hotel swim on Paradise Island, Bahamas. Reso

NASSAU, Bahamas Nov 29 (Reuters) - Kerzner International Ltdunveiled on Tuesday a debt-for-equity restructuring that will transfer ownership of its Atlantis mega resort in the Bahamas to a Toronto real estate and asset management company. The resort owne

PARADISE ISLAND, The Bahamas--(BUSINESS WIRE)-- Kerzner International Holdings Limited, through its subsidiaries (collectively, “Kerzner International” or the “Company”), a leading international developer and operator of destination resorts, casinos a

Kerzner International Holdings Ltd. , the company that built Atlantis resorts in the Bahamas and Dubai, handed ownership of its flagship property to Brookfield Asset Management as part of a debt restructuring. Brookfield will forgive $175 million of juni