Marriott International Signs Agreement to Bring The Ritz- Carlton to Australia’s Gold Coast

Marriott International, Inc., today announced the signing of an agreement with Australian property developers Pelligra Group and Giannarelli Group to bring Australia’s third Ritz-Carlton hotel to the Gold Coast by 2026. The Ritz-Carlton, Gold Coast,, will serve as an integral component of a $480 million new waterfront development at Mariner’s Cove, set to reinvigorate Australia’s sixth largest city as a luxury travel destination.

“Marriott International is recognized as the global leader in the upper upscale and luxury segments. Today’s signing with Pelligra Group and Giannarelli Group is a profound indication of strong investor confidence, buoyed by a resurgent affluent domestic travel market,” said Richard Crawford, Vice President of Hotel Development, Australia, New Zealand, and Pacific, Marriott International. “Once opened, the resort expects to set a new benchmark for luxury on Australia’s Gold Coast with the property’s enviable waterfront location.”

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