Ritz-Carlton Gold Coast shows tourism confidence

Set to open in 2026, the newbuild Ritz-Carlton Gold Coast is being touted as heralding the renaissance of domestic luxury tourism.

THE announcement this week of a newbuild Ritz-Carlton Hotel on the Gold Coast is a “profound indication of strong investor confidence, buoyed by a resurgent affluent domestic travel market,” according to Richard Crawford, Marriott International’s President of Hotel Development for Australia, New Zealand and Pacific.

The property is expected to feature 150 guest rooms and suites, including a massive 275 square metre Ritz-Carlton Suite, alongside refined dining establishments, bars and an outdoor rooftop pool. It’s all part of a $480 million new waterfront development at Mariner’s Cove, which the developers, Pelligra Group and Giannarelli Group, believe will “reinvigorate Australia’s sixth largest city as a luxury travel destination”.

“We are exceptionally excited to embark on this journey with Marriott International to bring The Ritz-Carlton brand to the Gold Coast,” said Ross Pelligra, Chairman at Pelligra Group. “A luxury hotel development like this will draw in more tourism spending from across the globe and fuel the local economy. The Ritz-Carlton, Gold Coast is set to be an iconic landmark not only for the Gold Coast, but for Australia’s hospitality sector,” he enthused.

Dion Giannarelli, Chief Executive Officer at Giannarelli Group, said “the Gold Coast has always been Australia’s most prestigious playground, and once completed, The Ritz-Carlton, Gold Coast anticipates to elevate the city’s tourism pedigree to an entirely new level of energy and quality, redefining Main Beach and The Spit. With the attention to detail and highest quality finishes we are applying to the project, we are confident The Ritz-Carlton, Gold Coast will be one of the world’s finest luxury resorts.”

Marriott International’s regional chief, Sean Hunt, noted that it would be the third Ritz-Carlton for Australia alongside properties in Perth and the soon-to-open Ritz-Carlton Melbourne, describing the deal as a “momentous signing”. The project is anticipated to be completed in 2026.

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