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Pursuing Service Excellence While Expanding Rapidly

As if pursuing these standards were not enough, Atlantis and Kerzner International are growing at a rapid pace. In 1994, Sol Kerzner acquired the 1,150-room Paradise Island Resort in The Bahamas, which had fallen into bankruptcy. He launched a four year major redevelopment and expansion program which turned the renamed Atlantis, Paradise Island into a 2,300 room resort and casino. The resort has been so successful, that Kerzner has invested more than $2.0 billion USD into expanding Atlantis Bahamas to almost 3,000 rooms. This massive water- world resort opened in December, 1998, at which time Atlantis had become the Bahamas' second-largest employer, after the Bahamian government itself.

Additional expansion since 1998 has included: a 65,000-square-foot marina- based shopping and dining village featuring 21 retail shops, and five distinct restaurants; vacation ownership luxury villas; a spa; a children's learning center;

a golf course; a comedy club; convention facilities; and a movie theater. As of 2006, the property had a total of over 35 restaurants, bars and lounges.

The completion of Atlantis' Phase III development in early 2007 represents a billion dollar expansion to the existing Atlantis property. New amenities include The Cove Atlantis - a 600- room, luxury all-suite hotel with interiors designed by Jeffery Beers and David Rockwell; and an adjoining 495-unit condo-hotel. Aquaventure, a new 63 acre waterscape, includes a 120 foot tall Power Tower with four adrenaline-inducing waterslides, where the guests never have to leave the water and climb back to the start because they are propelled back up the slide tower via water conveyers. Dolphin Cay, the dolphin interaction and education center and the Bahamas' first rescue and rehabilitation facility for dolphins, features 17 dolphins displaced by Hurricane Katrina. The Cove also features Bobby Flay's first Mesa Grill outside of the U.S., private all-adult and family pools, concierge-level suites, 22 private ocean facing cabanas, a 30,000 square foot Mandara Spa, The Intimate Night Club, an additional gaming area, and additional luxury retail shopping.

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