The son of Jewish immigrants, Sol Kerzner, 74, grew up in a poor Johannesburg suburb. In 1979, after building a number of successful resorts, he embarked on his most ambitious - Sun City. It became a popular destination, attracting musicians such as Queen, Elton John and Ray Charles. In 1985, it sparked controversy when it became the focus of Artists United Against Apartheid, a music-industry activist group. He sold it at the end of the 1980s. He has since developed resorts in the Bahamas, Mexico, the Maldives and Mauritius. In 2008, he opened Atlantis, a 1,500-room resort on the Palm in Dubai.
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Friday, May 7, 2010
Choice could buy, develop brands and assets
LAS VEGAS—Choice Hotels International remains on the hunt for an upscale full-service brand to complement its existing 10-brand lineup while also trying to launch a funding program to jump-start a slow development pipeline hampered by the economy.
Steve Joyce, Choice’s president and CEO, said during a media briefing held in conjunction with the company’s 56th annual convention that the company is aggressively trying to increase its portfolio, which already numbers more than 6,000 hotels worldwide.
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Steve Joyce, Choice’s president and CEO, said during a media briefing held in conjunction with the company’s 56th annual convention that the company is aggressively trying to increase its portfolio, which already numbers more than 6,000 hotels worldwide.
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