Industry Update
Appointment27 February 2018

Michael P. Wale

Named Chief Executive Officer
At Kerzner International Limited in Dubai, United Arab Emirates

Michael P. Wale

erzner International Holdings (the "Company"), the owner of the iconic Atlantis Resort and Residences and ultra-luxury One&Only Resorts brands worldwide, has announced the appointment of Michael P. Wale as its new Chief Executive Officer. The Company manages a portfolio of globally renowned, entertainment destination resorts, ultra-luxury hotels and residences and innovative entertainment experiences.

Mr. Wale joins Kerzner International at a transformational time, with the accelerated growth of both destination-defining brands. The $1.6 billion Atlantis, Sanya resort in China with world-class partner, Fosun, began welcoming guests in February, joining the flagship Atlantis, The Palm resort in Dubai, one of the most recognizable hotels in the world. The One&Only portfolio is also evolving, introducing Nature Resorts, Urban Resorts and Private Homes to the covetable One&Only Beach Resorts, in the most inspiring locations. The legendary One&Only Le Saint Géran in Mauritius began welcoming back guests in December to a completely reborn resort. 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.

Michael's successful career, to date, was with Starwood Hotels & Resorts Worldwide that spanned almost 40 years, most recently as President for Europe, Africa & Middle East, directly overseeing the operations for almost 250 hotels and resorts in 60 countries. He was appointed to this position in June 2013 and was based at the company's EAME divisional office in Brussels, Belgium. During his tenure, he led the successful integration of Le Meridien into Starwood.

Passionate about the development of leadership talent, Michael also created Vita Futura at Starwood, an innovative graduate training programme which shaped the careers of many future leaders. He served as a Next Step Mentor with The Prince's Trust, as well as mentors future leaders in hospitality. Philanthropy has always been a focus for Michael, named a Fellow of UNICEF, in recognition of his work for Checkout for Children, which raised over $35 million over 20 years. Michael's other passions include the environment and sustainability, having initiated an environmental focus within the organisation.

Kerzner International Limited

Kerzner International Holdings Limited, through its subsidiaries, is a leading international developer and operator of destination resorts, ultra-luxury hotels and residences and innovative entertainment and gaming experiences.
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