
The Royal Towers is owned by Brookfield Corporation (NYSE/TSX: BN), a Canadian alternative asset manager headquartered in Toronto. Brookfield acquired Atlantis Paradise Island in 2012 as part of a debt restructuring from Kerzner International. The Royal Towers has 1,201 rooms and suites and is the flagship accommodation at Atlantis Paradise Island. A $150 million renovation was completed in July 2024.
Parent Company
Acquired
2012
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| The Royal Towers | Kerzner International Holdings Limited | Wholly owned |
The Royal Towers opened on December 11, 1998, marking the official grand opening of Atlantis Paradise Island under the vision of South African hotelier Sol Kerzner. The towers represented the centerpiece of Kerzner's $800 million redevelopment of the former Paradise Island Hotel and Casino, transforming it into a world-class resort destination.
The Royal Towers were designed to embody the mythological theme of Atlantis, with architectural elements and interior design inspired by the lost city. The towers feature luxury accommodations, multiple restaurants, entertainment venues, and direct access to the resort's water attractions and marine habitats. The iconic pink structure has become one of the most recognizable buildings in the Caribbean.
The towers are home to the famous Bridge Suite, which spans the 22-foot bridge connecting the two towers at the 23rd floor. The Bridge Suite is one of the world's most expensive hotel rooms, with 10 rooms spread across approximately 3,000 square feet, including a grand piano in the living room and a dedicated butler. The suite has hosted numerous celebrities and dignitaries since the resort's opening.
In 2012, Brookfield Asset Management acquired Atlantis Paradise Island from Kerzner International through a debt restructuring. Under Brookfield's ownership, the resort has seen significant capital investment. In July 2024, the resort completed a $150 million resort-wide transformation that included fully refashioned guestrooms at The Royal with contemporary Caribbean design, an entirely redefined Atlantis Casino, and new dining venues including Paranza, a restaurant led by Michelin-starred chef Michael White. Other additions included Bar Sol, Silan, Perch, the Caribbean's first Shake Shack, FIELDTRIP, and a Cartier boutique.
In 2024 and 2025, Atlantis Paradise Island achieved record visitation, the highest in the resort's history. In August 2025, Brookfield completed a $1.93 billion refinancing of Atlantis Paradise Island and announced plans for an additional $475 million in capital improvements over the following five years. The planned improvements include a full renovation of The Cove starting in 2026, upgrading guestrooms, public areas, pools, and dining venues. Brookfield is also evaluating plans to redevelop the former Beach Tower and exploring development opportunities on 46 acres of adjacent land.
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.
The Royal Towers participates in the sustainability and conservation programs operated by Atlantis Paradise Island. The most significant of these is the Atlantis Blue Project Foundation (ABPF), a nonprofit organization focused on marine conservation in the Bahamas and Caribbean region. The foundation supports research, habitat restoration, and education programs related to marine ecosystems, including coral reef protection and marine species preservation.
Atlantis Paradise Island operates a large marine habitat complex that includes over 14 lagoons, 250 marine species, and 50,000 aquatic animals. The resort's marine programs serve both as tourist attractions and as platforms for conservation education and research. The Atlantis Blue Project Foundation has funded coral nursery programs, sea turtle rehabilitation, and marine protected area initiatives in the Bahamas.
Atlantis Paradise Island received Virtuoso's Sustainable Leadership: Protecting the Planet Award, recognizing the resort's commitment to marine life conservation and responsible tourism. The resort has eliminated single-use plastic bottles, styrofoam containers, utensils, and plastic bags throughout the property. Balloons are prohibited on resort grounds to prevent marine animal ingestion and ocean pollution.
As part of Brookfield's portfolio, Atlantis Paradise Island is subject to Brookfield's corporate environmental, social, and governance (ESG) standards. Brookfield has committed to achieving net-zero greenhouse gas emissions across its operations by 2050. However, specific sustainability metrics for The Royal Towers or Atlantis Paradise Island are not separately reported in Brookfield's public disclosures.
No independent third-party sustainability certifications specific to The Royal Towers, such as LEED certification or Green Key designation, have been publicly verified as of August 2026.
The Royal Towers does not hold individual awards separate from the broader Atlantis Paradise Island resort complex. Recognition received by Atlantis Paradise Island includes:
Specific, independently verified awards for The Royal Towers as a distinct property within the Atlantis complex are not publicly documented as of August 2026.
Overcrowding and Day Pass Programs: The Royal Towers has faced criticism from overnight guests regarding overcrowding caused by cruise ship day pass programs. When cruise ships dock in Nassau, passengers can purchase day passes to access Atlantis amenities, leading to crowded pools, long wait times at restaurants, and overwhelmed facilities. This creates tension between the resort's dual role as a luxury accommodation and a mass tourism attraction.
Check-in and Lobby Congestion: With 1,201 rooms to process, check-in lines at The Royal Towers can become long, particularly at the 3 p.m. check-in time. The lobby serves as the main artery between the towers, the Convention Center, casino, restaurants, and shops, creating heavy pedestrian traffic that has been criticized by guests seeking a more tranquil experience.
Accessibility Concerns: The Royal Towers' design has faced criticism regarding accessibility for guests with strollers or mobility impairments. The main promenade features series of stairs that can be difficult to navigate, and some guests have reported challenges accessing different levels of the resort complex.
Beach Tower Closure: The 2021 closure of the Beach Tower, which was Atlantis's value accommodation option, has concentrated more guests in the remaining accommodations. This has potentially increased demand and pressure on Royal Towers facilities and amenities, contributing to overcrowding concerns.
Service Quality During Peak Periods: During high-demand periods, particularly when multiple cruise ships are in port, The Royal Towers has faced criticism about service quality consistency. Guests have reported longer wait times for services, reduced attention to detail in housekeeping, and difficulty accessing resort amenities due to overcrowding.
Environmental Impact: As part of a large mega-resort, The Royal Towers faces scrutiny regarding its environmental footprint, including water consumption for pools and marine habitats, energy usage, and waste generation. While Atlantis has implemented sustainability programs, some environmental advocates have questioned whether luxury mega-resorts can operate sustainably at this scale.
Hurricane Risk: The Bahamas is located in the Atlantic hurricane belt, and the resort faces seasonal weather risks from June through November. Hurricanes can cause temporary closures, property damage, and travel disruptions. No major hurricane-related incidents at The Royal Towers have been reported in recent years.
Pricing and Value Perception: The Royal Towers' premium pricing has been questioned by some travelers who feel the rates do not provide sufficient value, particularly during overcrowded periods when the luxury experience may be compromised.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Kerzner International | Bahamas | 2007 | Luxury | Global | All-ages | |
| Kerzner International | Bahamas | 1998 | Mass market | Global | All-ages | |
| Kerzner International | Bahamas | 1998 | Premium | Global | All Genders | |
| Kerzner International | Bahamas | 2007 | Premium | Global | All-ages | |
| Kerzner International | Bahamas | 1999 | Mass market | Global | All-ages | |
| Ritz Hotel London Limited | United Kingdom | 1906 | Luxury | Global | All-ages |
Travel HospitalityOwned by Kerzner International Holdings Limited
600-suite luxury adults-only tower at Atlantis Paradise Island offering elevated accommodations, private pools, and exclusive amenities.
Travel HospitalityOwned by Kerzner International Holdings Limited
Former hotel tower at Atlantis Paradise Island that was closed in 2021 and acquired by Pharrell Williams for redevelopment into Somewhere Else hotel.
Travel HospitalityOwned by Kerzner International Holdings Limited
141-acre water park at Atlantis Paradise Island in the Bahamas, featuring high-speed slides, river rides, and marine habitat experiences, operated by Brookfield Asset Management.
Travel HospitalityOwned by Kerzner International Holdings Limited
14-acre marine habitat and conservation center at Atlantis Paradise Island offering dolphin encounters and marine education programs.
Travel HospitalityOwned by Kerzner International Holdings Limited
Villa-style accommodation complex at Atlantis Paradise Island featuring residential-style layouts, full kitchens, and family-friendly amenities across the marina from the main resort.
Travel HospitalityOwned by Ritz Hotel (London) Limited
Iconic five-star luxury hotel on Piccadilly in London, founded by Cesar Ritz in 1906 and privately owned by Qatari businessman Abdulhadi Mana Al-Hajri since March 2020.
Market Positioning: The Royal Towers competes with 6 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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Travel HospitalityOwned by FINNS Bali Group
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Finns Beach Club is privately owned, unlike The Royal Towers which is under a publicly traded parent company.
Travel HospitalityOwned by Ritz Hotel (London) Limited
Iconic five-star luxury hotel on Piccadilly in London, founded by Cesar Ritz in 1906 and privately owned by Qatari businessman Abdulhadi Mana Al-Hajri since March 2020.
The Ritz London is privately owned, unlike The Royal Towers which is under a publicly traded parent company.
Travel HospitalityOwned by Tata Group
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Taj Hotels is privately owned, unlike The Royal Towers which is under a publicly traded parent company.
Travel HospitalityOwned by Porter Aviation Holdings Inc.
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Travel HospitalityOwned by The Travel Corporation
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WestJet is privately owned, unlike The Royal Towers which is under a publicly traded parent company.
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141-acre water park at Atlantis Paradise Island in the Bahamas, featuring high-speed slides, river rides, and marine habitat experiences, operated by Brookfield Asset Management.