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Marriott Vacation Club completes purchase of Surfers Paradise hotel

Surfers Paradise Marriott Resort and Spa Gold Coast

Marriott Vacation Club has finalised the purchase of the Surfers Paradise Marriott Resort and Spa on the Gold Coast.

The announcement further establishes its strategy of expanding in Asia Pacific and adding new destinations to its growing worldwide portfolio of over 55 Marriott Vacation Club resorts.

“Our Owners and guests have long shared with us how Australia is one of their top destinations that they want to experience on vacation, and we listened,” said Stephen P. Weisz, president and chief executive officer of Marriott Vacations Worldwide.

“For decades the legendary Surfers Paradise Marriott has provided unforgettable vacation memories for Australian families and families from around the world. We are truly excited to add this amazing destination to our portfolio and to welcome Owners and guests to this striking property where they will be surrounded by the beauty and hospitality of Australia.”

Plans for this new Marriott Vacation Club resort location include converting eight dedicated floors into 88 timeshare vacation apartment villas in a combination of studio and one bedroom floorplans.

Marriott Vacation Club plans to complete conversion of the initial phase of timeshare vacation apartment villas and to open a new sales gallery by March 2016. The remaining hotel portion of the resort will continue to be operated under the Marriott brand.

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