Kerzner Worldwide has introduced the appointment of Michel Checoury as its new chief monetary officer.
The corporate manages a portfolio of leisure vacation spot resorts, ultra-luxury resorts and residences and modern leisure experiences world wide below the Atlantis and One&Solely manufacturers.
Checoury joins Kerzner at a transformational time, with the corporate centered on accelerating development of each manufacturers.
The $1.6 billion Atlantis, Sanya resort in China with associate, Fosun, started welcoming company in February final yr, becoming a member of the flagship Atlantis, The Palm resort in Dubai.
The One&Solely portfolio can also be evolving, with the opening of One&Solely Nyungwe Home in Rwanda, becoming a member of the gathering.
Checoury will probably be chargeable for growing and executing the corporate’s monetary technique that drives the present enterprise and future development plans.
“I’m delighted that Michel has joined us at this pivotal time of strategic development and additional enlargement of our current manufacturers, Atlantis and One&Solely,” stated Michael Wale, chief govt of Kerzner Worldwide.
“Michel has been very profitable in driving robust monetary leads to industry-leading hospitality corporations.
“He has intensive luxurious expertise and can add a brand new dimension to our management workforce, driving fiscal self-discipline inside all features of Kerzner Worldwide, and supporting the enlargement of our world footprint.”
Most just lately Checoury was chief monetary officer of Movenpick Lodges & Resorts, overseeing a portfolio of 85 properties in 27 international locations.
“Kerzner Worldwide is an thrilling enterprise and I’m thrilled to be becoming a member of the Firm.
“Each Atlantis and One&Solely are globally recognised manufacturers with robust monetary efficiency.
“I sit up for persevering with to construct and develop long-term monetary success for the corporate and being a part of the workforce that leads Kerzner into the longer term,” stated Checoury.