Recognized as one of Atlantic City’s Top 40 Under 40, Sid Vaikunta has amassed over a decade of experience in the hospitality sector. He developed an interest in the hotel and restaurant industries while working at the Muscat Oman Sheraton as a teenager, later relocating to the United States to pursue a bachelor of science in hotel, restaurant, and travel administration at the University of Massachusetts Amherst. Sid Vaikunta gained initial management experience at the Hyatt in Atlanta before opting to expand his understanding of finance and business leadership at Cornell University. While working toward his master of management in hospitality, Mr. Vaikunta formed connections with development executives at Boyd Gaming Corporation in Las Vegas.
Following graduation, he joined Boyd Gaming Corporation to aid in the $1 billion development of Borgata Hotel Casino & Spa in Atlantic City, New Jersey, eventually advancing to the position of vice president of marketing. As the city’s first new resort casino in over a decade, the project grew to become one of the most prominent entertainment venues on the East Coast. Sid Vaikunta secured Borgata’s partnerships with prominent entertainers, like Eric Clapton and Aerosmith; globally recognized brands, such as Live Nation and Maxim; and leading chefs, including Bobby Flay and Wolfgang Puck.
An international hospitality executive, Sid Vaikunta’s accomplishments also include the large-scale redevelopment of The Star, an Echo Entertainment Group resort casino in Sydney, Australia. As the managing director, he oversaw 4,000 employees through the transition to establish Sydney’s first 5-star hotel in more than 10 years. Sid Vaikunta currently draws on his extensive hospitality development experience to serve as the managing director at Sobha Developers, an international real estate firm based in Dubai. Sid Vaikunta has assisted the company’s foray into the hospitality sector with the development of STRADA, a line of 4-star hotels set to break ground on the first of three Dubai locations in early 2015.