Schwartz Family takeover with $12million vision

Paradise Resort Gold Coast, re-launched over the weekend, with new owner, Dr Jerry Schwartz, pledging $12 million towards a major upgrade and revitalization of...

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March 2, 2020 1:06am EST

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PARADISE RESORT RE-LAUNCHES WITH MAJOR CHARITY EVENT AND $12 MILLION NEW VISION

Paradise Resort Gold Coast was relaunched on Saturday following completion of the takeover of the resort by the Schwartz Family Group.

To celebrate the landmark, a charity event was held at the resort on Saturday night, with over 20 charities invited and given rooms to raise funds for their individual organisations.

Charities included Baby Give Back, Paradise Kids, Brave Hearts, ACT for Kids, Mark Hughes Foundation, Destiny Rescue, Camp Quality, Clown Doctors, Heart Kids, Variety’s The Children’s Charity, YHES House, Guide Dogs, WIRES, The Gold Coast Hospital Foundation, Starlight Children’s Foundation and The Ronald McDonald House.

It is estimated that the charities raised almost $180,000 as a result of the rooms donated and attendance at the event at Paradise Resort on Saturday, February 29.

The official re-launch was undertaken by Queensland Tourism Minister, Kate Jones, along with Schwartz Family Company Director, Dr Jerry Schwartz.

Tourism Minister Kate Jones

and new owner Dr Jerry Schwartz dives right in

It is the company’s second hotel on the Gold Coast, following the acquisition of Hilton Surfers Paradise in 2019.

Paradise Resort has been consistently rated as Australia’s number one family resort over the past decade, and with completion of the takeover, a major refurbishment program will commence.

Immediate renovation plans include a complete fit-out of guest rooms, modernized entrance and lobby, enhanced children’s facilities – including a movie cinema and a full size games room – and the introduction of a brand-new Adults Only Zone which will include an additional swimming pool, bar and dining outlet just for mums and dads to enjoy.

Dr Schwartz said that it was important that Paradise Resort have a renewed vision, as premium family resorts in such prime locations were very rare. “Paradise Resort has accommodated families from all over Australia and overseas for four decades, providing one of the most enjoyable holiday experiences imaginable,” said Dr Schwartz, who has three young children himself.

“It would have been a terrible loss for Gold Coast and Queensland tourism if the original plans to bulldoze the resort had gone ahead. “Certainly, the resort is in need of an injection of funds to upgrade rooms, restaurants and public areas, and

I am very pleased to announce that we will invest over $12 million in the first two years alone to ensure Paradise Resort remains Australia’s favourite family resort.

“I am very optimistic about the Gold Coast market, despite the current issues affecting the tourism industry. Both Paradise Resort and my previous purchase – the Hilton Surfers Paradise – have established very strong reputations, and with further investment in both hotels, aligned with the established reputation of the Gold Coast in the domestic and international markets, I am very optimistic about the future.”