Kerzner International Holdings has named Michael P. Wale chief executive officer.
The company owns Atlantis Resort and Residences and One&Only Resorts and manages destination resorts, luxury hotels and residences and entertainment venues worldwide. The company just opened the $1.6 billion Atlantis Sanya resort in China.
According to a statement from the company, “Michael will be responsible for building on this momentum, developing continued strategic growth, driving the successful operation of the existing collection of award-winning resorts and developing talent across the Company.”
Mohammed Al Shaibani, executive director and chief executive officer of Investment Corporation of Dubai, and chairman of Kerzner International, said in a statement: “I am thrilled Michael has joined us at this very important time as we continue our accelerated growth and further expansion of our existing brands, Atlantis and One&Only. We are also aggressively introducing new brands and experiences around the world, from China to Africa to Europe and beyond.”
He added, “Michael has been extremely successful in achieving outstanding guest satisfaction, building a world-class corporate culture and delivering strong financial results. Under his leadership, I look forward to the continued growth of Kerzner International, further prosperity and an expanded strategic global footprint.”
Wale comes to Kerzner after almost four decades with Starwood Hotels & Resorts Worldwide, most recently as president for Europe, Africa and Middle East, where he was responsible for nearly 250 hotels and resorts.
