ORLANDO,
Fla., /PRNewswire/ -- Marriott Vacation Club, a
global leader in timeshare vacation ownership, announced today that
it has finalized the purchase of the iconic Surfers Paradise
Marriott Resort & Spa Gold Coast,
Australia. 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.
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"Australia has
long been considered as one of the top destinations our Members and
guests say that they want to experience for their holidays,"
said Bill
Minnock, senior vice president and managing
director, Asia
Pacific, Marriott Vacations Worldwide. "The legendary
Surfers Paradise Marriott has provided unforgettable holiday
memories for Australian families and families from around the
world. We are truly excited to add this amazing destination to our
portfolio and are continually looking for additional development
opportunities to further our growth in the Asia
Pacific region."
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.
Guests
will enjoy lush accommodations with outdoor balconies, scenic views
of the Pacific Ocean and stunning hinterland views of the Nerang
River and mountains. The resort offers a paradise within a paradise
featuring sparkling lagoons, white sandy beaches, cascading
waterfalls, quiet pool zones and unique aquatic experiences.
The
resort is ideally situated in Queensland on Australia's Gold
Coast, which enjoys temperate year-round weather and 300
days of sunshine per year. The Gold Coast is home
to Queensland's most
popular tourist destination and offers a diverse selection of
retail shops, restaurants, internationally renowned surf beaches,
national parks and entertainment districts. Additionally, the
resort is just a short drive away from several major theme parks
and attractions. For guests seeking to further explore the east
coast of Australia,
the Gold
Coast is a perfect base with Brisbane a
short drive away and Sydney, Melbourne and
the Great Barrier Reef within a 1- to 2-hour flight.
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.
About Marriott Vacation
Club
Marriott Vacation Club is a global leader in
vacation ownership with a diverse portfolio of 56 resorts and more
than 12,100 timeshare villas throughout the U.S., Caribbean, Europe and Asia.
Marriott Vacation Club is an upscale vacation ownership program
that provides Owners and their families with the flexibility to
enjoy high-quality vacation experiences. For more information,
please visit www.marriottvacationclub.com.
For nightly rentals, visit www.marriott.com. Follow us
on Twitter at www.twitter.com/MarriottVacClub and
find us on Facebook at www.facebook.com/marriottvacationclub.
Visit Marriott Vacations Worldwide
Corporation (NYSE: VAC) for company information.