Who Owns Harborside Resort at Atlantis?
Harborside Resort at Atlantis 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
1999
Status
Publicly Traded
Headquarters
Paradise Island, Bahamas
Who Owns Harborside Resort at Atlantis?
- Parent Company: Atlantis Resorts
- Ownership Type: Wholly owned
- Company Type: Privately Held
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Harborside Resort at Atlantis | Atlantis Resorts | Wholly owned |
History of Harborside Resort at Atlantis
- Founded: 1999
- Founders: Sol Kerzner (Atlantis Resorts)
Harborside Resort at Atlantis opened in 1999 as part of the continued expansion of Atlantis Paradise Island following the grand opening of The Royal Towers in 1998. The resort was developed to provide villa-style accommodations that appealed to families and larger groups seeking residential-style amenities within the luxury resort environment.
The Harborside concept was created to offer a different accommodation experience from the traditional hotel rooms in The Royal Towers. The property features spacious villas with full kitchens, in-unit laundry facilities, and residential-style layouts that provide guests with the comforts of home while enjoying access to Atlantis Paradise Island's extensive amenities.
The resort is located just across the marina from the main Atlantis property, providing a more secluded atmosphere while maintaining convenient access to all resort attractions. This location offers guests views of Nassau Harbor and the marina, creating a tranquil setting separate from the bustling main resort areas.
Throughout its operation, Harborside Resort has been popular among families and extended-stay guests who appreciate the additional space and residential amenities. The property has undergone various upgrades and renovations to maintain its standards while continuing to offer value-oriented accommodations within the luxury resort 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
Where Is Harborside Resort at Atlantis Made / Based?
- Headquarters: Paradise Island, Bahamas
- Manufacturing / Operations: Bahamas, United States, Canada
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 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...
- The Royal Towers - Iconic hotel towers at Atlantis Paradise Island featuring luxury accommodations,...
Harborside Resort at Atlantis Ownership: Pros & Cons
Advantages
- +Villa-style accommodations with full kitchens and residential amenities
- +Family-friendly layout perfect for larger groups and extended stays
- +Secluded location across the marina from main resort areas
- +Backed by Brookfield's significant financial resources and expertise
- +Access to all Atlantis Paradise Island amenities and attractions
- +Strong positioning in the family resort and vacation rental market
Considerations
- -Separation from main resort requires transportation for access to attractions
- -Higher operational costs for villa maintenance and services
- -Weather dependency affecting outdoor operations in hurricane-prone region
- -Competition from other family-friendly resorts and vacation rentals
- -Dependency on Atlantis Paradise Island's overall resort performance
- -Limited luxury amenities compared to main resort towers
Frequently Asked Questions About Harborside Resort at Atlantis
Competitors to Harborside Resort at Atlantis
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: Harborside Resort at Atlantis 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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