Kerzner to build Atlantis hotel in Hawaii
The Dubai-based resort operator and developer Kerzner International Holdings expects to manage its first Atlantis property in the United States in Hawaii.
It signed a deal with landowner and community developer China Oceanwide and its subsidiary Oceanwide Resort Paradise HI to develop the Atlantis Ko Olina on the island of O’ahu in Hawaii. The property will have 800 rooms and 524 residences.
Kerzner was not available for comment.
Atlantis has its flagship property in Dubai and expects to open its second one in China in Sanya Hainan near South China Sea next year. Kerzner also operates The Royal Atlantis Resort and Residences in Dubai.
The new hotel will overlook the Honu and Kohola Lagoons, and will include a water park and The Lost Chambers Aquarium, among other attractions.
The project will be located next to Aulani, a Disney Resort. The area also features Four Seasons Resort O’ahu and Marriott’s Ko Olina Beach Club.
In 2014, Investment Corporation of Dubai bought about 46 per cent of Kerzner for an undisclosed sum. Istithmar World, a subsidiary of Dubai World, owns another 25 per cent. Its owners also include the Los Angeles investment firm Colony Capital and Goldman Sachs Group.
Follow The National’s Business section on Twitter