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Businessweek
Tuesday, May 21, 2013 Tuesday, May 21, 2013 Zainab Fattah |
Kerzner International Holdings Ltd., builder of Atlantis resorts in the Bahamas and Dubai, formed a partnership to construct Saudi Arabia’s first One & Only resort.
Kerzner, based in the Bahamas, joined with Al Khozama Management Co. and Saudi Oger Ltd. to build the project north of Jeddah on the Red Sea, the companies said in a statement today. The resort is designed to include 150 rooms, suites and villas as well as restaurants, meeting rooms and a spa on 95,000 square meters (23.5 acres) of land.
This is an excerpt from Businessweek as it appeared on May 21, 2013. For updates or to read the current version of this post in its entirety, please click here.
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