Kerzner International Limited
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Kerzner International Limited - overview
Established
1993
Location
Dubai, -, United Arab Emirates
Primary Industry
Travel & Leisure
About
Kerzner International Limited excels in luxury hotel and resort management, providing high-end experiences through its iconic brands such as Atlantis and One&Only in premier tourist destinations worldwide. Founded in 1993 in Dubai, United Arab Emirates, Kerzner International Limited manages a portfolio of luxury resorts and hotels. The company underwent a significant shift in its ownership structure when the Investment Corporation of Dubai acquired a controlling stake in 2015. Hariyanto Phoa founded the company, which has since evolved without known pivots in its core strategy.
The firm has completed a total of 3 deals, with the most recent funding round being a transition from Public to Private, raising a total of USD 3,800. 00 mn from investors including Colony Capital, Istithmar World Ventures, and Providence Equity Partners. Kerzner International operates as a luxury hotel and resort management company, specializing in high-end hospitality experiences. The company’s core offerings include a portfolio of renowned brands like Atlantis, One&Only, and SIRO, tailored to affluent travelers seeking superior accommodations and exceptional service.
Their properties offer fine dining, wellness experiences, and entertainment options, creating memorable stays for guests. Kerzner serves a diverse clientele, from leisure travelers to corporate clients, and has strategically located resorts in the Bahamas, Dubai, and Morocco. The operational strategy emphasizes personalized service to enhance guest satisfaction in the luxury hospitality market. In the most recent fiscal year, Kerzner International generated revenue of USD 621.
10 mn, with an EBITDA of USD 168. 70 mn. Revenue streams include direct bookings, partnerships with travel agencies, and corporate client engagements. The business model comprises various premium services offered across its resorts, including room rates, dining, and exclusive amenities.
Seasonal demand and targeted marketing strategies significantly influence revenue generation, providing a robust ecosystem of luxury hospitality services. Kerzner International plans to expand its luxury offerings by launching new products and enhancing existing services. The company aims to enter new geographic markets, although specific regions have not been disclosed. The recent funding round raised on June 1, 2015, will be utilized to support these growth initiatives, following the acquisition of a controlling stake by the Investment Corporation of Dubai.
This investment enables Kerzner to explore innovative hospitality experiences and elevate its brand presence in the luxury market.
Primary Industry
Travel & Leisure
Sub Industries
Hotels & Accommodations, Restaurants & Nightlife
Website
www.kerzner.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Kerzner International Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Kerzner International Limited | - | ||||||||
| Public to Private | Completed | Kerzner International Limited | - |
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