JW Marriott Gold Coast just swept Queensland's top hotel awards after a $35 million rebrand from Marriott to JW. That's $157K per key in renovation spend on a 223-room property... and the trophies look great on the shelf, but trophies don't service debt.
Hilton is planting the LXR flag in Australia by converting the former Palazzo Versace on the Gold Coast, and the renderings are stunning. The question nobody at headquarters wants to answer is whether a collection brand can actually deliver a luxury promise inside someone else's architectural ego.
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