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Atlantis….The Legend ** Pictures had to be deleted to fit online.

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1 Atlantis….The Legend ** Pictures had to be deleted to fit online

2 3 Girls and A Baby plus one Team members: Team members: Ana Garces Ana Garces Thomas Smith Thomas Smith Molly Matel Molly Matel Kelli Crubaugh Kelli Crubaugh Alec Smith Alec Smith

3 KERZNER INTERNATIONAL Strategy/Mission Statement: “Blow away the customer” Sustain Bottom Line Performance

4 Company Overview Kerzner International Limited is a resort company based in The Bahamas which develops and manages premier resort and casino properties. Kerzner International Limited is a resort company based in The Bahamas which develops and manages premier resort and casino properties. Founded in 1964 by Sol Kerzner Founded in 1964 by Sol Kerzner

5 Locations Currently operates resort hotels and or casinos in The Bahamas, the Indian Ocean, and Dubai. As well as earns income based on the gross revenue of the Mohegan Sun Casino Resort in Connecticut Currently operates resort hotels and or casinos in The Bahamas, the Indian Ocean, and Dubai. As well as earns income based on the gross revenue of the Mohegan Sun Casino Resort in Connecticut

6 Kerzner Properties BAHAMAS *Atlantis, Paradise Island Nassau, Bahamas *One&Only Ocean Club Nassau, Bahamas MEXICO * One&Only Palmilla Cabo San Lucas, Mexico MALDIVES (about 600 mi. SW of the southern tip of India) *One & Only Maldives at Reehti Rah *One&Only Kanuhura Lhaviyani Atoll MAURITIUS (Indian Ocean- 1,200 miles off SE coast of Africa) *One&Only Le Saint Géran *One&Only Le Touessrok *Sugar Beach Resort *La Pirogue *Le Coco Beach DUBAI * *One&Only Royal Mirage Jumeria Beach AFRICA-COMING SOON LATE 2007 *One & Only Cape Town

7 One & Only Corporate Overview “One&Only is a guarantee that each of our hotels will provide a distinctive and unique experience” –Butch Kerzner, chairman of One&Only. Brand built on experience, which they believe makes them better than anyone else at understanding the business Brand built on experience, which they believe makes them better than anyone else at understanding the business * Five star- deluxe end of the market * Five star- deluxe end of the market

8 Current Leaders Sol Kerzner: Sol Kerzner: Founder, Chairman Founder, Chairman Started working in family’s café. Qualified as an accountant and worked with family- Duban Hotel Business Started working in family’s café. Qualified as an accountant and worked with family- Duban Hotel Business Full Time Hotel Employee in his late 20s Full Time Hotel Employee in his late 20s Decided to start a business of his own Decided to start a business of his own Greatest Achievement: Sun City Resort in late 1970s. Greatest Achievement: Sun City Resort in late 1970s. “Visionary of the destination business who pretty well invested the concept of integrating resorts with casinos” “Visionary of the destination business who pretty well invested the concept of integrating resorts with casinos” Published books- “Search of Excellence in Project Management” Published books- “Search of Excellence in Project Management” 20% of Kerzner International is in the Kerzner 20% of Kerzner International is in the Kerzner Family’s hands Family’s hands Awards Awards

9 Current Leaders Butch (Herald) Kerzner Butch (Herald) Kerzner Son of Sol Kerzner, and now the CEO of Kerzner- since 2004 Son of Sol Kerzner, and now the CEO of Kerzner- since 2004 Has obtained a Stanford MBA Has obtained a Stanford MBA Joined with father when he was 27 years old Joined with father when he was 27 years old Handles all the companies finances, operations, and marketing functions Handles all the companies finances, operations, and marketing functions

10 Leadership Style “ Doesn’t build companies, he changes nations” – talking about Sol Kerzner “ Doesn’t build companies, he changes nations” – talking about Sol Kerzner Loyal to those who work for him Loyal to those who work for him Hardworking, dedicated Hardworking, dedicated Effective management characteristics Effective management characteristics To be successful, you must be dynamic To be successful, you must be dynamic and flexible rather than static and rigid. and flexible rather than static and rigid. Balance tasks and relationships Balance tasks and relationships Butch vs. Sol Butch vs. Sol Butch gives a “safer”, more corporate face, is detailed, neat, and stable Butch gives a “safer”, more corporate face, is detailed, neat, and stable Butch is trying to not be like his father- “if you copy what someone else is doing, you set yourself up for a fall” Butch is trying to not be like his father- “if you copy what someone else is doing, you set yourself up for a fall”

11 Vision To include gaming ventures in the UK and a mega-resort for Europe, Middle East, and South East- like the “Next Atlantis” To include gaming ventures in the UK and a mega-resort for Europe, Middle East, and South East- like the “Next Atlantis” Would like to go to the Orient- China- in 5 or 10 years Would like to go to the Orient- China- in 5 or 10 years

12 Strategic Management o Leading Developer & Operator of Luxury resorts and gaming properties worldwide. o Gaming Business is focused on owning, Developing or Managing casino properties. o Attractive Markets o Development & Operating expertise

13 Strategic Management Cont’d o Luxury Resort Hotel business consist of premier properties, primarily in located in the Five-Star, deluxe end of the Resort Market. o The Bahamas o Mauritius o Dubai o The Maldives o Mexico ( One & Only )

14 Charities o 10 Million to local charities o program o Culture o Health o Sports o Community Groups o 1.2 Million to Family Parks o 1 Million to the Bahamas National AIDS

15 Organization Structure& Design Work Specialization Work Specialization ♠Casino Workers, Hotel Workers, Grounds & Maintenance, Marine Biologist, ext… Departmentalization Departmentalization ♣Housekeeping, Accounting, Casino, Biologist, Grounds & Maintenance, ext… Chain of Command Chain of Command ♥Frontline workers -> Dept. Heads -> GM

16 Organizations Structure & Design Span of Control Span of Control ♦ Wide, More efficient the organization. ♠ 2 nd largest employer in Bahamas Centralization Centralization ♣ Sol Kerzner, his imagination is basically law. Formalization Formalization ♥Provide employees w/ advancement oppt. & with hard work & commitment to excellence.

17 Competition “We are the one and only of our kind, we have no competitors” - Representative at headquarters - Representative at headquarters

18 Stock Get Hyperlink to Internet site for Stock Exchange Info on Kerzner Int. Get Hyperlink to Internet site for Stock Exchange Info on Kerzner Int.

19 Organizational Environment All locations in warm, tropical climates This brings about a relaxed atmosphere Kerzner is trying to put out an image, a statement Elite, exotic environments

20 Image They Are Trying To Get Across

21 Statement they don’t want to make

22 Who does this appeal to? Kerzner Intl provides an environment that appeals to high class families or couples looking to get away for: Kerzner Intl provides an environment that appeals to high class families or couples looking to get away for: Romantic getaways Romantic getaways A cultural experience A cultural experience Or simply getting away from life for a while Or simply getting away from life for a while

23 Atlantis Paradise Future Plans $1 Billion in Atlantis Phase III $1 Billion in Atlantis Phase III Aug Marina Village (shop till you drop) Aug Marina Village (shop till you drop) Royal Towers luxury All-Suit rooms Royal Towers luxury All-Suit rooms Beach Condos- 400 units Beach Condos- 400 units New Convention Center-200,000sq.ft New Convention Center-200,000sq.ft New Water Attractions New Water Attractions Tropical jungles Underground rivers Above ground rapids. Dolphin Experience (30) Mandara Spa- Double in size Nobu & Bobby Flay’s Mesa Grill.

24 Future Plans cont… Location: Dubai Location: Dubai Opening Date: End of 2008 Opening Date: End of 2008 Sticking to their core value to “Blow away the customer” Sticking to their core value to “Blow away the customer” Atlantis, The Palm, Dubai Atlantis, The Palm, Dubai

25 Tropical climate = Tropical culture Having a tropical environment to be based in means that you must have a tropical culture as well. Having a tropical environment to be based in means that you must have a tropical culture as well. Ana will now discuss Kerzner’s unique culture. Ana will now discuss Kerzner’s unique culture.

26 Organization’s Culture Unique Unique Well positioned Well positioned New New Outstanding design Outstanding design Distinctive experiences Distinctive experiences

27 Company’s Gaming business “Focused on owning, developing or managing casino properties in attractive markets where it can capitalize on its development and operating expertise”.

28 Employees Strive to have only the best employees Strive to have only the best employees Committed to attracting and retaining the best people Committed to attracting and retaining the best people Interested in employees success Interested in employees success Opportunities of promoting within the organization Opportunities of promoting within the organization

29 Benefits Medical Medical Dental Dental Vision Vision Paid life insurance Paid life insurance Long/Short term disability Long/Short term disability Discounts Discounts Paid Holidays Paid Holidays Paid Vacations Paid Vacations

30 Communication and Information Technology Sol and Butch- Telephone daily Sol and Butch- Telephone daily

31 Summary Overview Overview Properties Properties Leaders Leaders Leadership style Leadership style Future Plans Future Plans Strategic Management Strategic Management Charities Charities Organizational Structure Organizational Structure Stock Stock Organizational Environment Organizational Environment Organizational Culture Organizational Culture

32 References Atlantis Paradise Island, Bahamas, Accommodations, Casino, Activities, Photo Gallery, and the Bahamas. Retrieved March 23, 2006, from Atlantis Paradise Island, Bahamas, Accommodations, Casino, Activities, Photo Gallery, and the Bahamas. Retrieved March 23, 2006, from Copeland, Samantha. (2004, Summer). 'Leadership' A Pre-requisite for Success. Project Magazine, Volume 5 Issue 2. Copeland, Samantha. (2004, Summer). 'Leadership' A Pre-requisite for Success. Project Magazine, Volume 5 Issue 2. International Guild of Hospitality & Restaurant Managers, Kerzner International Limited. Retrieved March 23, 2006, from International Guild of Hospitality & Restaurant Managers, Kerzner International Limited. Retrieved March 23, 2006, from Kerzner International. Properties and Investor. Retrieved March 27, 2006, from Kerzner International. Properties and Investor. Retrieved March 27, 2006, from One and Only. Retrieved March 25, 2006, from One and Only. Retrieved March 25, 2006, from Roberts, Clifford. (2001, December). Gamble With Your Head Not Your Heart. Hotel and Restaurant News. Retrieved March 22, 2006, from Roberts, Clifford. (2001, December). Gamble With Your Head Not Your Heart. Hotel and Restaurant News. Retrieved March 22, 2006, from Rock, Matthew. (2003, October). COVER STORY: Life after Sol. Real Business. Retrieved March 23, 2006, from Rock, Matthew. (2003, October). COVER STORY: Life after Sol. Real Business. Retrieved March 23, 2006, from

33 Any Questions???


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