
Atlantis is a Kerzner International resort brand, but its properties do not share one real-estate owner. A Brookfield-managed fund owns and operates Atlantis Paradise Island under a Marriott Autograph Collection franchise. Investment Corporation of Dubai owns the Dubai resorts, and Fosun owns Atlantis Sanya. Kerzner owns the Atlantis brand and manages its international resorts. The companySlug therefore identifies the brand owner, not a common owner of every resort property.
Parent Company
Kerzner International Holdings Limited
Founded
1994
Status
Private
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Atlantis Resorts | Kerzner International Holdings Limited | Division |
Sol Kerzner, a South African hotelier, purchased the Paradise Island resort in the Bahamas in 1994 and developed it into Atlantis Paradise Island. Kerzner had previously built the Sun City resort complex in South Africa and saw an opportunity to create a large-scale integrated resort in the Caribbean. The resort opened in phases through the 1990s and 2000s, with the Royal Towers opening in 1998 and The Cove, a more exclusive tower, opening in 2007.
The original Atlantis Paradise Island was built on the site of the former Paradise Island Resort and Casino, which Kerzner acquired from Merv Griffin. The property was transformed into a destination resort featuring water attractions, marine habitats, and luxury accommodations. The concept was novel at the time because it combined a traditional luxury hotel with theme park-style attractions, creating a family-friendly luxury destination.
Kerzner International expanded the Atlantis brand internationally with Atlantis The Palm in Dubai, which opened in 2008 on the Palm Jumeirah artificial island. The Dubai property brought the Atlantis integrated resort concept to the Middle East and was developed in partnership with the Government of Dubai. The resort featured 1,539 rooms and suites, the Aquaventure water park, and a large marine habitat called The Lost Chambers Aquarium.
In 2012, Kerzner International underwent a debt restructuring that transferred ownership of Atlantis Paradise Island in the Bahamas to Brookfield Asset Management. Kerzner retained the Atlantis brand rights for its international properties and continued developing new resorts. The separation meant that the Bahamas property and the international properties would be operated by different companies under the same brand name.
Atlantis Sanya opened on Hainan Island in China in 2018, bringing the Atlantis concept to the Asian market. The resort was developed in partnership with Fosun International and features 1,314 rooms, a water park, and marine attractions.
Atlantis The Royal, a 795-room ultra-luxury tower adjacent to Atlantis The Palm on Palm Jumeirah in Dubai, opened in 2023. The property was developed at a cost of approximately 1.2 billion dollars and is positioned above Atlantis The Palm in terms of pricing and luxury positioning. The opening event featured a private performance by Beyonce and attracted significant media attention. Atlantis The Royal quickly gained recognition as one of the world's leading luxury hotels.
In 2025 and 2026, Kerzner International announced two major expansions. In November 2025, Kerzner signed an agreement with Assets Group to develop Atlantis The Royal in the Maldives, scheduled to open in 2029. The resort will span 1.37 million square meters on Vaaredhdhoo Faru island in South Male Atoll and will feature 493 keys across two islands, 20 dining venues, and a 70,000-square-meter Aquaventure water park. Also in November 2025, Kerzner announced a partnership with Midad Real Estate to bring Atlantis and One&Only resorts to Jeddah, Saudi Arabia, as part of the Jeddah Central Project. Atlantis Jeddah will feature 800 rooms and suites, branded residences, 20 dining concepts, an Aquaventure waterpark, and the Lost Chambers Aquarium.
In August 2025, Kerzner purchased a vacant development site in Miami's Brickell district from Swire Properties for 45 million dollars, though the company has not announced specific plans for the site.
Atlantis The Royal in Dubai ranked second in the Forbes Travel Guide 2026 integrated resort rankings, moving up from number 6 in the prior year.
Who owns Kerzner International?
Investment Corporation of Dubai controls Kerzner International. It is a private company and has no publicly traded shares.
Does Kerzner own Atlantis?
Kerzner owns the Atlantis brand and controls international development. It does not own every Atlantis resort property.
Who owns Atlantis Paradise Island?
A Brookfield-managed fund owns and operates the Bahamian property under a Marriott Autograph Collection franchise.
Does Kerzner own Atlantis The Palm?
Kerzner sold its 50% property interest to Istithmar World in 2012. Kerzner retained brand and management roles.
What other brands does Kerzner operate?
Its portfolio includes One&Only, SIRO, and Rare Finds in addition to Atlantis.
Where is Kerzner headquartered?
The company is headquartered in Dubai, United Arab Emirates.
Atlantis properties have implemented sustainability initiatives focused on marine conservation, waste reduction, and environmental responsibility. The sustainability programs are operated independently by each entity, as there is no shared corporate structure between the Bahamas and international properties.
Atlantis Dubai, operated by Kerzner International, has launched the Atlantis Atlas Project, a sustainability initiative focused on environmental conservation, community engagement, and responsible tourism. The project includes investments in renewable energy, waste reduction programs, and marine habitat protection. The company has committed 500,000 dollars in green initiatives to enhance environmental performance across the Dubai properties.
The announced Atlantis The Royal in the Maldives is being designed with an eco-conscious approach. Kerzner International and Assets Group have stated the resort will blend into the natural landscape and celebrate the ocean environment. The Maldives property will include sustainability features in its design, though specific details have not been published.
In marine conservation, Atlantis maintains the Dolphin Cay marine habitat at Atlantis Paradise Island in the Bahamas, serving as both an educational attraction and a facility for marine life. The Dubai properties feature The Lost Chambers Aquarium, which includes marine education programs. However, animal welfare organizations have raised concerns about keeping dolphins in captivity and offering commercial swim-with-dolphins programs.
Atlantis properties have implemented waste reduction programs focused on eliminating single-use plastics, enhancing recycling, and reducing food waste. The company has invested in energy-efficient systems and water conservation technologies, though the scale of water consumption at integrated resorts with large water parks remains a sustainability challenge.
Neither Atlantis entity is a Certified B Corporation. Neither publishes comprehensive sustainability reports aligned with GRI or SASB standards. Kerzner International, as a private company, does not publicly disclose environmental metrics including carbon emissions, water usage, or waste generation data.
Atlantis properties, particularly the Dubai resorts operated by Kerzner International, have received recognition in the luxury hospitality industry.
The awards reflect the Dubai properties' positioning in the ultra-luxury segment. The Bahamas property has received less recent industry recognition, partly reflecting its age compared to the newer Dubai developments.
Atlantis properties face regulatory scrutiny and public controversy related to environmental impacts, marine life practices, and development in sensitive locations.
The most significant controversy involves Kerzner International's partnership with the Robinson family to develop a resort at Pakala Beach on Kauai, Hawaii. In January 2025, Kauai County moved to revoke decades-old development permits for the 250-unit resort project, arguing that changing conditions and long-term inaction no longer justified the entitlements. The Robinson family, Kauai's largest private landowner, partnered with Kerzner to revive the dormant project, sparking intense local opposition. Residents and environmental advocates argue that Pakala Beach represents one of Kauai's last undeveloped shorelines and should remain protected from commercial development.
Environmental concerns include the water consumption required to operate Atlantis resorts, particularly in water-scarce regions like Dubai. The resorts' extensive water parks, marine habitats, and golf courses require substantial water resources. Environmental groups have questioned the adequacy of water conservation measures and the environmental footprint of luxury resort operations in fragile ecosystems.
Marine life controversies involve criticism of Dolphin Cay and marine mammal interaction programs at Atlantis Paradise Island. While the resort promotes its marine conservation and rescue efforts, animal welfare organizations have raised concerns about keeping dolphins in captivity and offering commercial swim-with-dolphins programs. The debate centers on whether marine mammal entertainment programs align with modern conservation ethics and animal welfare standards.
Development controversies include scrutiny of luxury resort expansion in environmentally sensitive coastal areas. The announced Atlantis The Royal in the Maldives and Atlantis Jeddah in Saudi Arabia will both require careful environmental management. The Maldives property, spanning 1.37 million square meters, will need to address concerns about coral reef damage and coastal impact. The Jeddah property is part of a larger government-backed development aligned with Saudi Arabia's Vision 2030 tourism strategy.
Regulatory compliance includes oversight from environmental agencies regarding water usage permits, coastal development regulations, and marine life protection standards. Atlantis must navigate complex regulatory requirements across multiple jurisdictions with different environmental standards.
No direct competitors found in the same category. This could be because Atlantis Resortsoperates in a unique market segment or we're still building our competitor database.
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