Jump to navigation

Vol 7 (AAC) No 1

Published 1st November 2013

South Africa

Solomon Kerzner

Chairman, Kerzner International, South Africa

South Africa’s hotel and casino billionaire Sol Kerzner is going into business with China’s Fosun International. The deal is for a huge new resort on China’s Hainan Island, which is expected to cost US$1.5 billion. In October Kerzner International announced the launch of the 62-hectare Atlantis Resort project, which will be based in the city of Sanya. Investors have long trumpeted Hainan as a major new destination for international tourism.

End of preview - This article contains approximately 315 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.