Who Owns The Beach Tower?
The Beach Tower was formerly owned by Atlantis Resorts but was closed in 2021 and sold to Pharrell Williams. The artist plans to redevelop the property into his own hotel called Somewhere Else. Atlantis Resorts is owned by Brookfield Asset Management and the Bahamian government.
Parent Company
Atlantis Resorts
Acquired
2021
Status
Private
Headquarters
Paradise Island, Bahamas
Who Owns The Beach Tower?
- Parent Company: Atlantis Resorts
- Ownership Type: Formerly owned
- Acquisition Year: 2021
- Company Type: Privately Held
| Brand | Parent Company | Ownership Type |
|---|---|---|
| The Beach Tower | Atlantis Resorts | Formerly owned |
History of The Beach Tower
- Founded: 1998
- Founders: Sol Kerzner (Atlantis Resorts)
- Acquired by Atlantis Resorts: 2021
The Beach Tower was originally part of the Paradise Island Hotel and Casino complex that opened in 1968 under Resorts International ownership. When South African hotelier Sol Kerzner acquired the property in 1994, the tower was refurbished and incorporated into the newly rebranded Atlantis Paradise Island resort.
The Beach Tower operated as one of the accommodation options at Atlantis Paradise Island from the resort's grand opening in December 1998 until its closure in 2021. The tower provided more affordable accommodation options compared to the luxury Royal Towers, making it accessible to a broader range of visitors.
Throughout its operation under Atlantis Resorts, The Beach Tower underwent various renovations and updates to maintain its standards while providing value-oriented accommodations within the luxury resort complex. The tower served as an important component of Atlantis Paradise Island's diverse accommodation portfolio.
In 2021, Atlantis Resorts made the strategic decision to close The Beach Tower and sell the property to Pharrell Williams. This sale was part of a broader strategy to focus on the resort's luxury positioning while allowing for new development on Paradise Island outside the Atlantis complex.
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
- Revenue: ~$2.0B (est., Kerzner International, FY2024)
- Employees: ~10,000
Where Is The Beach Tower Made / Based?
- Headquarters: Paradise Island, Bahamas
- Manufacturing / Operations: Bahamas, United States
The Beach Tower Sustainability & Ethics
The Beach Tower operated under Atlantis Paradise Island's comprehensive sustainability framework during its operational period, benefiting from the resort's leadership in sustainable tourism and marine conservation in The Bahamas. While the tower was closed in 2021 and sold to Pharrell Williams, its legacy includes participation in Atlantis' environmental initiatives and the resort's commitment to responsible tourism practices.
Marine Conservation Leadership: During its operation under Atlantis, The Beach Tower benefited from the resort's position as a global leader in marine animal rescue, research, and rehabilitation. Atlantis Paradise Island has been honored with Virtuoso's Sustainable Leadership: Protecting the Planet Award for its unwavering commitment to marine life conservation and responsible tourism. The Beach Tower's operations supported these broader environmental commitments through responsible waste management and marine habitat protection.
Environmental Responsibility Initiatives: The Beach Tower implemented Atlantis' comprehensive environmental policies, including the elimination of single-use plastic bottles, styrofoam containers, utensils, and plastic bags. The resort's commitment to protecting marine habitats included prohibiting balloons on property to prevent marine animal ingestion and ocean pollution. These environmental measures directly benefited The Beach Tower's operations and guest experience.
Atlantis Blue Project Foundation Support: The Beach Tower contributed to and benefited from the Atlantis Blue Project Foundation, a 501(c)(3) organization founded in 2005 that sustains, protects, and supports marine species and habitats throughout The Bahamas and Caribbean seas. The foundation supports scientific research, conservation programs, and community outreach efforts funded through guest participation in marine interactions and experiences, including those available at The Beach Tower.
Sustainable Tourism Practices: As part of Atlantis Paradise Island's leadership in sustainable tourism, The Beach Tower operated with a commitment to environmental, social, and economic impact considerations. The resort's approach to sustainable tourism emphasized the coexistence of guests and environment in harmony, with every decision guided by current and future environmental, social, and economic impacts.
Carbon Footprint Reduction: The Beach Tower participated in Atlantis' carbon footprint reduction programs through reusable initiatives and the elimination of single-use plastics. The resort's environmental programs included energy efficiency measures, waste reduction, and sustainable sourcing practices that extended to all tower operations and guest services.
Bahamian Cultural Integration: The Beach Tower incorporated Bahamian culture and artistic elements into its guest experience, supporting local cultural preservation and community engagement. This cultural integration represented a form of social sustainability that benefited both guests and the local community while maintaining authentic Bahamian hospitality traditions.
Employee and Community Impact: During its operation, The Beach Tower provided employment opportunities for local hoteliers, entertainers, and culinary professionals, contributing to the economic sustainability of Paradise Island communities. The tower's operations supported indirect employment in the hospitality industry and created positive economic ripple effects throughout the local economy.
Environmental Education and Awareness: The Beach Tower served as an educational platform for environmental awareness, helping guests understand marine conservation and sustainable tourism practices. Through its connection to Atlantis' broader environmental programs, the tower contributed to raising awareness about ocean conservation and responsible tourism among visitors.
Sustainable Business Model Transition: The 2021 closure and sale of The Beach Tower to Pharrell Williams for redevelopment as "Somewhere Else" represents a sustainable business model transition. Rather than demolition, the property is being redeveloped into a boutique hotel, representing adaptive reuse of existing infrastructure and sustainable urban development practices.
Future Sustainability Direction: Under Pharrell Williams' ownership, The Beach Tower's redevelopment as "Somewhere Else" is expected to incorporate modern sustainability standards and innovative environmental practices. The partnership with David Grutman, known for luxury hospitality expertise, suggests a commitment to high-quality, sustainable operations that build on Atlantis' environmental leadership foundation.
Industry Leadership in Sustainable Hospitality: The Beach Tower's evolution from traditional resort accommodation to boutique hotel under celebrity ownership represents innovative thinking in sustainable hospitality development. This transition demonstrates how existing tourism infrastructure can be reimagined for sustainability while maintaining economic viability and cultural significance.
Environmental Stewardship Legacy: During its operational period, The Beach Tower established a legacy of environmental stewardship that continues through Atlantis Paradise Island's ongoing programs and the future "Somewhere Else" development. The tower's contribution to marine conservation and sustainable tourism education created lasting positive impacts on Paradise Island's environmental consciousness.
Awards & Recognition
The Beach Tower received recognition primarily through its association with Atlantis Paradise Island's award-winning sustainable tourism programs and marine conservation initiatives. While the tower itself did not receive individual awards during its operational period, it benefited from and contributed to the resort's numerous accolades for environmental leadership and sustainable hospitality excellence.
Virtuoso Sustainable Leadership Award: The Beach Tower benefited from Atlantis Paradise Island's receipt of Virtuoso's Sustainable Leadership: Protecting the Planet Award, recognizing the resort's unwavering commitment to marine life conservation and responsible tourism in The Bahamas. This prestigious award highlighted the comprehensive environmental programs that The Beach Tower supported through its operations and guest experiences.
Marine Conservation Recognition: Through its connection to Atlantis' marine programs, The Beach Tower contributed to the resort's recognition as a global leader in marine animal rescue, research, and rehabilitation. The resort's marine conservation initiatives have been acknowledged by environmental organizations and tourism industry awards for their innovation and effectiveness in protecting marine ecosystems.
Atlantis Blue Project Foundation Achievements: The Beach Tower supported the Atlantis Blue Project Foundation, which has received recognition for its scientific research contributions and conservation programs throughout The Bahamas and Caribbean region. The foundation's work, partially funded through guest experiences at The Beach Tower and other Atlantis facilities, has been acknowledged for advancing marine species protection and habitat conservation.
Sustainable Tourism Leadership: The Beach Tower operated under Atlantis Paradise Island's leadership in sustainable tourism, which has been recognized by environmental organizations and tourism industry bodies. The resort's comprehensive approach to environmental responsibility, social impact, and economic sustainability has established it as a model for sustainable tourism development in The Bahamas and Caribbean region.
Bahamian Tourism Industry Recognition: The Beach Tower contributed to Atlantis Paradise Island's recognition as a premier destination in The Bahamas tourism industry. The resort's environmental initiatives and cultural programs have been acknowledged by tourism authorities and government officials for strengthening the Bahamian tourism product and demonstrating sustainable tourism best practices.
Environmental Program Awards: The Beach Tower participated in and benefited from Atlantis' various environmental program awards and recognitions, including those related to waste reduction, energy efficiency, and marine habitat protection. These programs have been acknowledged by environmental organizations for their innovation and effectiveness in reducing tourism's environmental footprint.
Employee Recognition Programs: During its operational period, The Beach Tower maintained employee recognition programs that acknowledged staff contributions to sustainability initiatives and environmental stewardship. These internal programs helped foster a culture of environmental responsibility among tower employees and supported broader resort sustainability goals.
Guest Experience Excellence: The Beach Tower contributed to guest experience awards and recognition that highlighted Atlantis Paradise Island's commitment to combining luxury hospitality with environmental responsibility. The tower's operations supported guest satisfaction while maintaining high standards of environmental stewardship.
Community Engagement Recognition: The Beach Tower's community engagement programs and cultural integration initiatives received recognition for their positive impact on Paradise Island communities. These programs helped strengthen local connections and demonstrated the resort's commitment to social responsibility beyond traditional hospitality operations.
Innovation in Hospitality Development: The Beach Tower's redevelopment as "Somewhere Else" under Pharrell Williams and David Grutman has been recognized as an innovative approach to hospitality development. The partnership has been acknowledged for bringing celebrity vision and luxury hospitality expertise to Paradise Island, representing a new model for boutique hotel development in the Caribbean.
Investor Confidence Recognition: The Somewhere Else partnership received recognition from Bahamian government officials, including Deputy Prime Minister Chester Cooper, who hailed the redevelopment as affirming investor confidence in The Bahamas and demonstrating the strength of the tourism product. This recognition highlighted the economic significance of the project for Paradise Island and the broader Bahamian economy.
Future Award Potential: The "Somewhere Else" development is positioned to receive recognition for sustainable design, innovative hospitality concepts, and celebrity-driven development approaches. The project's combination of adaptive reuse, luxury positioning, and environmental consciousness represents multiple categories for potential future awards in hospitality and sustainable development.
Industry Leadership Position: Through its evolution from traditional resort accommodation to innovative boutique hotel, The Beach Tower has positioned itself as a leader in sustainable hospitality transformation. This transition represents an innovative approach to adaptive reuse and sustainable development in the tourism industry.
While The Beach Tower may not have extensive individual awards separate from Atlantis Paradise Island, its contribution to the resort's comprehensive recognition and awards program represents significant achievement in sustainable tourism and environmental stewardship.
The Beach Tower Recalls & Controversies
The Beach Tower faced several significant controversies during its operational period and subsequent closure, primarily related to employment practices, operational challenges, and the transition to new ownership. These controversies reflected broader challenges in the hospitality industry during and after the COVID-19 pandemic, as well as specific issues related to the tower's closure and redevelopment process.
Employee Redundancy Controversy: In 2021, approximately 700 employees were made redundant at Atlantis Paradise Island, including many from The Beach Tower, as the resort prepared for the tower's closure and sale. The Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) expressed concern about the staff reductions, particularly noting that management "reached out" to union executives about the Beach Tower redevelopment plans before the public announcement. The union president suggested that the tower's outdated condition necessitated renovations anyway, making the staff reductions particularly concerning for affected employees.
Closure and Sale Process: The 2021 closure and sale of The Beach Tower to Pharrell Williams generated controversy regarding transparency and employee communication. While management informed union representatives of the plans before public announcement, critics questioned the adequacy of communication with affected staff and the timing of the closure relative to employee welfare and job security concerns.
Operational Challenges Prior to Closure: The Beach Tower faced operational challenges in its final years, including aging infrastructure that required significant renovations. The resort's decision to close the tower rather than invest in comprehensive upgrades was controversial among stakeholders who questioned whether alternative solutions could have preserved employment and maintained the property's contribution to the resort's overall guest capacity.
Redevelopment Delays and Uncertainty: Following the 2022 announcement of the Somewhere Else partnership between Pharrell Williams and David Grutman, the redevelopment project faced delays and uncertainty. US casino developer Vici Properties Ltd.'s $382 million interest in Atlantis Paradise Island was related to the stalled beach tower redevelopment, raising questions about the project's financial viability and timeline. These delays created uncertainty about the future of the property and employment opportunities for local hospitality workers.
Celebrity Ownership Controversy: The involvement of celebrity musician Pharrell Williams in redeveloping The Beach Tower generated mixed reactions from stakeholders. While government officials hailed the partnership as a sign of investor confidence, some industry observers questioned whether celebrity ownership would prioritize luxury development over employee welfare and community benefits. The partnership with Miami-based hospitality entrepreneur David Grutman also raised questions about local versus external management expertise.
Union Relations and Labor Concerns: The BHCAWU expressed cautious concern about the Somewhere Else partnership, with the union president noting it was "definitely something to keep an eye on" from a labor perspective. Questions about staff complement, working conditions, and union representation in the new boutique hotel created uncertainty for hospitality workers about future employment opportunities and labor standards.
Economic Impact Disputes: While government officials promoted the redevelopment as creating employment opportunities, the transition from traditional resort operations to boutique hotel development raised concerns about job quality and quantity. Critics questioned whether the new luxury-focused development would provide the same level of employment for local hoteliers, entertainers, and culinary professionals as the previous Beach Tower operations.
Community Integration Challenges: The redevelopment of The Beach Tower into "Somewhere Else" raised questions about maintaining local cultural integration and community connections. Some stakeholders expressed concern that celebrity-driven luxury development might prioritize international guest experiences over authentic Bahamian cultural elements that were present in the original tower operations.
Tourism Industry Transition Concerns: The Beach Tower's closure and redevelopment represented a broader shift in Paradise Island's tourism landscape, with some industry observers questioning whether the move from traditional resort accommodation to boutique luxury hotel aligned with mass tourism needs and accessibility. This transition raised concerns about the tower's role in serving diverse visitor segments and maintaining Paradise Island's appeal to different market demographics.
Future Viability Questions: The stalled redevelopment and financial uncertainties surrounding Vici Properties' involvement raised questions about the long-term viability of the Somewhere Else project. These concerns created uncertainty about whether the redeveloped property would successfully open as planned in 2024 and fulfill its promised economic and employment benefits for Paradise Island.
Current Status: As of 2026, The Beach Tower remains closed while redevelopment plans continue to evolve. The Somewhere Else project faces ongoing challenges related to financing, development timelines, and market positioning. The controversies surrounding the tower's closure and transition continue to influence perceptions of the project's success and its potential impact on Paradise Island's tourism industry.
Legacy and Future Opportunities: Despite these controversies, The Beach Tower's redevelopment represents an opportunity for innovative hospitality development that could set new standards for sustainable luxury tourism in The Bahamas. The project's success in addressing past controversies and delivering on its promises will be crucial for establishing trust with stakeholders and achieving its economic and employment goals.
Industry Learning and Best Practices: The Beach Tower's challenges provide valuable lessons for other hospitality properties considering similar transitions or redevelopments. The tower's experience highlights the importance of transparent communication, employee consideration, and community engagement in major hospitality development projects.
Brands Owned by Atlantis Resorts
- Aquaventure Waterpark - 141-acre water park at Atlantis Paradise Island featuring high-speed slides, riv...
- Dolphin Cay - 14-acre marine habitat and conservation center at Atlantis Paradise Island offer...
- 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,...
The Beach Tower Ownership: Pros & Cons
Advantages
- +Prime location on Paradise Island with established infrastructure
- +Opportunity for creative redevelopment under new ownership
- +Separation from mass-market tourism focus of Atlantis Resorts
- +Potential for unique boutique hotel concept
- +Established tourism market and destination appeal
- +Access to Paradise Island's amenities and attractions
Considerations
- -No longer part of Atlantis Resorts' brand and marketing network
- -Loss of established hotel operations and management systems
- -Competition from other Paradise Island and Bahamas accommodations
- -Significant investment required for redevelopment and repositioning
- -Need to establish new brand identity and market position
- -Dependency on individual owner's vision and resources
Frequently Asked Questions About The Beach Tower
Sources & Further Reading
- Atlantis Paradise Island Official Website
- Atlantis Sustainable Tourism Page
- Atlantis Blue Project Foundation
- Virtuoso Sustainable Leadership Award Coverage
- The Tribune - Beach Tower Sale Coverage
- Nassau Guardian - Beach Tower Redevelopment Update
- TripAdvisor - Beach Tower Discussion
- Pharrell Williams Official Website
- Groot Hospitality - Somewhere Else Project
- Brookfield Asset Management - Atlantis Ownership
- Bahamas Ministry of Tourism - Tourism Industry Statements
- BHCAWU Union - Labor Relations Statements
- Virtuoso Travel Awards - Sustainable Leadership Recognition
- Caribbean Tourism Organization - Sustainable Tourism Guidelines
- United Nations World Tourism Organization - Sustainable Tourism Standards
Competitors to The Beach Tower
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 | Premium | Asia pacific | Adults |
Competitive Analysis
Market Positioning: The Beach Tower 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.
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