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Atlantis targets new restaurant 'concept'

ATLANTIS is aiming to expand and upgrade at least three of its existing eateries, and potentially introduce a new restaurant concept, within the next 12-18 months.

Atlantis to add 192 jobs 'within a week'

Atlantis is adding 192 new jobs “within a week” through the opening of Olives Restaurant and expanded high-end casino lounge, its top executive yesterday disclosing the resort was eyeing July-August occupancies in the mid-high 80 per cent range.

Atlantis 'refreshing' for 24% repeat ratio

Atlantis needs to reward its 20-24 per cent repeat visitor ratio with product that is continually refreshed, the resort’s top executive disclosing it was investing $25 million to upgrade The Cove and Royal Towers.

$6m Atlantis sports betting facility in September opening

Atlantis’s new $6 million sports book will be open “by September 1 this year, its top executive yesterday saying that it would be a question of “how many guests will you lose” if the Bahamas did not reform its casino gaming laws.

Atlantis chief says May, June 'very worrisome'

Atlantis’s top executive yesterday described the outlook for May and June as “very worrisome”, with the resort’s leisure and group traveller segments giving off mixed indicators

Hotel concern over snow storm impact

MAJOR hotel properties on Nassau/Paradise Island have expressed concern over the impact a massive snow storm affecting the northeastern US may have on their business, with one property already reporting “a dozen or more” cancellations.

Markantonis: Theft is a daily problem

KERZNER International president and managing director George Markantonis said employee crime is a problem the Atlantis Resort deals with every day.

'Criminal employees hurting Atlantis'

ATLANTIS employees engaging in criminal behaviour are hurting the hotel, according to Kerzner International (Bahamas) president and managing director George Markantonis.

Bahamas ‘nightmare’ if no Baha Mar visitor increase

The Bahamas faces “a nightmare” if Baha Mar’s opening in 2015 fails to increase stopover visitor numbers, Atlantis’s top executive warning such a scenario would spark “a rate war” and drive hotel sector salary levels to “unsustainable” levels.

Atlantis chief: $14m Air Fare credit ‘unsustainable’

The $14 million spent annually on the Air Fare Credit initiative is “unsustainable”, Atlantis’s senior executive warned yesterday, with the hotel industry looking at dipping into “anticipated 2014 funding” by March to continue supporting it.

Hotels eye 5-7% peak winter rate increases

A leading Bahamian hotelier yesterday said resorts were looking at a 5-7 per cent year-over-year room rate increase for the peak 2013 Winter season, adding that it was “premature to ring the Doomsday Bell” over the so-called US ‘fiscal cliff’.

Atlantis in ‘amazing 15-20% uptick’ over group bookings

Group bookings at Atlantis are on an “amazing 15-20 per cent uptick” pace for 2014 and 2015, the resort’s operator yesterday revealing that it could set a new Thanksgiving Day “record” thanks to its highly-anticipated basketball tournament.

Atlantis set to regain 'lot of lost bookings'

Despite losing “a lot of bookings” due to Hurricane Sandy, Atlantis is set to regain them after “most” rebooked for later in 2012.

No ban for Bahamians, insists Markantonis

PRESIDENT and Managing Director of Kerzner International George Markantonis denied claims yesterday that Bahamians would no longer be allowed on the hotel property following a botched robbery in the Atlantis casino Sunday afternoon.

Atlantis booking paceup 7% on 2011 figures

The Atlantis resort’s booking pace was 7 per cent ahead of 2011 comparatives for August, its operator telling Tribune Business it was confident that 2013 group business would “match, if not exceed” this year’s levels.

Hotels await ‘strong’ July 4

SEVERAL major Nassau-based hotel properties told Tribune Business yesterday they were seeing strong occupancy levels for this week’s July 4 US Independence Day holiday.

Optimism over Atlantis bookings

PRESIDENT and managing director of Kerzner International George Markantonis said despite a 10 per cent decline in summer bookings, he his optimistic things will pick up for fall and winter.

Atlantis chief eyes winter 'stimulus'

ATLANTIS'S top executive yesterday expressed optimism that the Bahamas' upcoming fall/winter 2012 airfare credit would "really stimulate bookings" during peak periods for the hotel industry, after the flagship Paradise Island resort saw a 10 per cent slowdown in its summer booking pace.

85% sold concert boosts Atlantis by 'several thosand' extra room nights

ATLANTIS is set to enjoy a "several thousand room night" boost this Memorial Day weekend, Kerzner International's Bahamas head yesterday telling Tribune Business that with 85 per cent of tickets already sold, the concert was on track for a sell-out.

Atlantis occupancies up 6% points for Q1

ATLANTIS' occupancy levels were up by 6 per cent year-over-year "across the board" for the 2012 first quarter, Tribune Business was told yesterday, with the summer months set to be the recovery "proof in the pudding".

Kerzner 'never received offer of any merit'

KERZNER International (Bahamas) managing director yesterday dismissed the surprise reemergence of a group that made a $3.4 billion offer in October 2010 to acquire the Atlantis and One & Only Ocean Club, telling Tribune Business the company had "never ever received an offer of merit".

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