Who Owns Aquaventure Waterpark?
Aquaventure Waterpark is owned by Atlantis Resorts, which is owned by Brookfield Asset Management and the Bahamian government. Brookfield acquired Atlantis Resorts in 2012 and operates the resort through a complex ownership structure. Brookfield is publicly traded on NYSE under ticker BAM and headquartered in Toronto, Canada.
Parent Company
Atlantis Resorts
Founded
1998
Status
Publicly Traded
Headquarters
Paradise Island, Bahamas
Who Owns Aquaventure Waterpark?
- Parent Company: Atlantis Resorts
- Ownership Type: Wholly owned
- Company Type: Privately Held
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Aquaventure Waterpark | Atlantis Resorts | Wholly owned |
History of Aquaventure Waterpark
- Founded: 1998
- Founders: Sol Kerzner (Atlantis Resorts)
Aquaventure Waterpark opened in December 1998 as part of the grand opening of Atlantis Paradise Island under the vision of South African hotelier Sol Kerzner. The water park was designed as a centerpiece attraction for the newly rebranded resort, featuring innovative water slides and marine habitats that would set new standards for resort entertainment.
The original Aquaventure featured the Mayan Temple waterslide complex, multiple swimming areas, and the world's largest open-air marine habitat. The park was built around the concept of combining thrilling water attractions with educational marine experiences, creating a unique entertainment destination.
Throughout the 2000s and 2010s, Aquaventure expanded significantly with new slides, river rides, and swimming pools. The park grew to encompass 141 acres of water-based attractions, including the iconic Leap of Faith slide and the Power Tower complex. The water park became one of the largest and most elaborate in the Caribbean region.
In 2012, Brookfield Asset Management acquired Kerzner International Limited, including Atlantis Resorts. Under Brookfield's ownership, Aquaventure has continued to receive investments in new attractions, facility upgrades, and enhanced guest experiences. The water park remains a major draw for visitors to Atlantis Paradise Island and the Bahamas tourism industry.
About Atlantis Resorts
Who owns Atlantis Paradise Island in the Bahamas?
Atlantis Paradise Island in the Bahamas is owned by Brookfield Asset Management following a 2012 debt-for-equity restructuring with Kerzner International. The property is operated by Marriott International under a management agreement. Kerzner International no longer owns or operates the Bahamas property.
Who owns the Atlantis resorts in Dubai?
Atlantis The Palm and Atlantis The Royal in Dubai are owned and operated by Kerzner International, a private luxury hospitality company headquartered in Dubai. Kerzner International also owns Atlantis Sanya in China and the One&Only resort brand.
Is Atlantis publicly traded?
No. Neither Brookfield's Atlantis Paradise Island operation nor Kerzner International is separately publicly traded as an Atlantis entity. Brookfield Asset Management itself is publicly traded on the NYSE and TSX under BAM, but the Atlantis property is one asset within its broader portfolio.
When was Atlantis founded?
Atlantis Paradise Island in the Bahamas opened in 1994 under Sol Kerzner's development. The resort expanded through the 1990s and 2000s. Atlantis The Palm in Dubai opened in 2008, and Atlantis The Royal opened in 2023.
How many Atlantis resorts are there?
There are four Atlantis-branded resorts: Atlantis Paradise Island (Nassau, Bahamas), Atlantis The Palm (Dubai), Atlantis The Royal (Dubai), and Atlantis Sanya (Hainan, China).
What is Aquaventure?
Aquaventure is the water park brand operated at Atlantis properties, featuring water slides, a lazy river, wave pools, and other water attractions. Aquaventure operates at Atlantis Paradise Island in the Bahamas and at Atlantis The Palm in Dubai.
- Founded: 1994
- Headquarters: Paradise Island, Bahamas (Atlantis Paradise Island); Dubai, UAE (Kerzner International)
- Company Type: Privately Held
Where Is Aquaventure Waterpark Made / Based?
- Headquarters: Paradise Island, Bahamas
- Manufacturing / Operations: Bahamas, United States, Canada
Brands Owned by Atlantis Resorts
- Dolphin Cay - 14-acre marine habitat and conservation center at Atlantis Paradise Island offer...
- The Beach Tower - Former hotel tower at Atlantis Paradise Island that was closed in 2021 and acqui...
- The Cove Atlantis - 600-suite luxury adults-only tower at Atlantis Paradise Island offering elevated...
- Harborside Resort at Atlantis - Villa-style accommodation complex at Atlantis Paradise Island featuring resident...
- The Royal Towers - Iconic hotel towers at Atlantis Paradise Island featuring luxury accommodations,...
Aquaventure Waterpark Ownership: Pros & Cons
Advantages
- +World's largest marine habitat integrated with water park attractions
- +Extensive variety of slides, pools, and river rides for all ages
- +Backed by Brookfield's significant financial resources and expertise
- +Prime location within the prestigious Atlantis Paradise Island resort
- +Continuous investment in new attractions and facility upgrades
- +Strong brand recognition as a premier Caribbean water park destination
Considerations
- -High operational costs due to extensive water treatment and maintenance
- -Weather dependency affecting outdoor operations in hurricane-prone region
- -Intense competition from other Caribbean water parks and attractions
- -Seasonal demand fluctuations impacting visitor numbers
- -Regulatory requirements for marine habitat and animal welfare
- -Dependency on Atlantis Paradise Island's overall resort performance
Frequently Asked Questions About Aquaventure Waterpark
Competitors to Aquaventure Waterpark
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Finns Bali Group | Indonesia | 2012 | Mass Market | Global | Male |
Competitive Analysis
Market Positioning: Aquaventure Waterpark competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Jobs at Atlantis Resorts
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