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

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

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

6. Kerzner Properties 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 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

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 • * Five star- deluxe end of the market

8. Current Leaders Sol Kerzner: Founder, Chairman 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 Decided to start a business of his own Greatest Achievement: Sun City Resort in late 1970s. “Visionary of the destination business who pretty well invested the concept of integrating resorts with casinos” Published books- “Search of Excellence in Project Management” 20% of Kerzner International is in the Kerzner Family’s hands Awards

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

10. Leadership Style • “Doesn’t build companies, he changes nations” – talking about Sol Kerzner • Loyal to those who work for him • Hardworking, dedicated • Effective management characteristics • To be successful, you must be dynamic and flexible rather than static and rigid. • Balance tasks and relationships • Butch vs. Sol • 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”

11. Vision • 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

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

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

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

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

16. Organizations Structure & Design • Span of Control ♦ Wide, More efficient the organization. ♠ 2nd largest employer in Bahamas • Centralization ♣ Sol Kerzner, his imagination is basically law. • 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

18. Stock •  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: • Romantic getaways • A cultural experience • Or simply getting away from life for a while

23. $1 Billion in Atlantis Phase III Aug. 2005-Marina Village (shop till you drop) Royal Towers + 600 luxury All-Suit rooms Beach Condos- 400 units New Convention Center-200,000sq.ft New Water Attractions Tropical jungles Underground rivers Above ground rapids. Dolphin Experience (30) Mandara Spa- Double in size Nobu & Bobby Flay’s Mesa Grill. Atlantis Paradise Future Plans

24. Future Plans cont… • Location: Dubai • Opening Date: End of 2008 • Sticking to their core value to “Blow away the customer” 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. • Ana will now discuss Kerzner’s unique culture.

26. Organization’s Culture • Unique • Well positioned • New • Outstanding design • 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 Committed to attracting and retaining the best people Interested in employees success Opportunities of promoting within the organization

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

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

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

32. References • Atlantis Paradise Island, Bahamas, Accommodations, Casino, Activities, Photo Gallery, and the Bahamas. Retrieved March 23, 2006, from http://www.atlantis.com/ • Copeland, Samantha. (2004, Summer). 'Leadership' A Pre-requisite for Success. Project Magazine, Volume 5 Issue 2. • International Guild of Hospitality & Restaurant Managers, Kerzner InternationalLimited. Retrieved March 23, 2006, from http://www.hospitalityguild.com/Financial/Casinos/Kerzner.htm • Kerzner International. Properties and Investor. Retrieved March 27, 2006, from http://www.kerzner.com/ • One and Only. Retrieved March 25, 2006, from http://www.oneandonlyresorts.com/flash.html • Roberts, Clifford. (2001, December). Gamble With Your Head Not Your Heart. Hotel and Restaurant News. Retrieved March 22, 2006, from http://www.hotelandrestaurant.co.za/news/2001/december/casino.asp • Rock, Matthew. (2003, October). COVER STORY: Life after Sol. Real Business. Retrieved March 23, 2006, from http://www.realbusiness.co.uk/showdetail.asp?ArticleID=2540

33. Any Questions???