The property the Atlantis Paradise Island stands on was originally part of the Paradise Island Hotel and Casino, which opened in 1968. It was owned by Resorts International, a Merv Griffin company. Donald Trump at one point owned a majority stake in Resorts International. He spun-off ownership of the Trump Taj Mahal property from the company and sold Resorts in full, including outstanding debts from Taj Mahal construction, to Griffin. Paradise Island was purchased by South African hotel magnate Sol Kerzner and Kerzner International Limited in 1994, and Kerzner's new resort, comprising the Coral and previously built Beach Towers, opened officially in 1998. The property's name was changed to Atlantis when the Royal Towers were built. The Coral and Beach Towers were later refurbished to match the theme of the Royal Towers. On 28 March 2007, a 600-suite luxury hotel named The Cove Atlantis opened on Paradise Island. Another tower, the 497-room The Reef Atlantis, opened 19 December 2007. Currently, the property is owned by Brookfield Asset Management and operated by Brookfield Hospitality. In October 2014, Atlantis, Paradise Island became a member of Marriott International's Autograph Collection Hotels, which includes a marketing partnership with the brand in order for guests to earn or redeem Marriott Rewards at Atlantis.