Who Owns Royal Atlantis Dubai?
The Royal Atlantis Dubai is an iconic luxury resort located on the Palm Jumeirah in Dubai. It is one of the most exclusive and sought-after destinations in the world.
But who exactly owns this magnificent property? Let’s find out.
Atlantis Resorts
Before diving into the ownership details of Royal Atlantis Dubai, it’s essential to understand its connection to Atlantis Resorts. Atlantis Resorts is a renowned hospitality brand that operates some of the most extravagant resorts across the globe.
The Atlantis brand is known for its opulence, attention to detail, and extraordinary experiences. It has become synonymous with luxury and has a significant presence in Dubai with two exceptional properties: Atlantis, The Palm and The Royal Atlantis.
The Ownership Structure
When it comes to ownership, The Royal Atlantis Dubai is a joint venture between Investment Corporation of Dubai (ICD) and Kerzner International Holdings Limited (KIHL).
Investment Corporation of Dubai (ICD):
- The Investment Corporation of Dubai is a sovereign wealth fund owned by the Government of Dubai.
- ICD focuses on strategic investments in various sectors, including finance, transportation, energy, and hospitality.
- As one of the major shareholders, ICD plays a crucial role in shaping the vision and direction of The Royal Atlantis.
Kerzner International Holdings Limited (KIHL):
- Kerzner International Holdings Limited is an international developer and operator of destination resorts, luxury hotels, residences, and entertainment experiences.
- KIHL has a rich history in developing iconic properties worldwide under various brands like Atlantis, One&Only Resorts, and Mazagan Beach & Golf Resort.
- Their partnership with ICD brings together their expertise in creating exceptional hospitality experiences.
Collaboration and Expertise
The collaboration between ICD and KIHL ensures that The Royal Atlantis Dubai is backed by significant financial resources, extensive industry knowledge, and a shared vision for delivering unparalleled luxury to its guests.
The Vision:
Together, ICD and KIHL aim to redefine the concept of luxury hospitality through innovative design, world-class amenities, and exceptional service. The Royal Atlantis Dubai stands as a testament to this shared vision.
Conclusion
In conclusion, The Royal Atlantis Dubai is jointly owned by Investment Corporation of Dubai (ICD) and Kerzner International Holdings Limited (KIHL). Their partnership brings together the best of both worlds – the financial strength of ICD and the expertise of KIHL – to create an extraordinary luxury resort experience on the Palm Jumeirah.
With its stunning architecture, breathtaking views, and world-class facilities, The Royal Atlantis Dubai continues to capture the imagination of travelers worldwide. It truly reflects the commitment of its owners to deliver an unforgettable experience in one of the most prestigious destinations in the world.