Proudly owned by the Schwartz Family Company
A family owned business
Dr Jerry Schwartz became the official owner of Paradise Resort on 29 February 2020 and upon purchasing the resort said that it was important that Paradise Resort should 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.
The Schwartz Family Company network has 15 hotels and over 4000 rooms in four states and territories. It is the company’s second hotel on the Gold Coast, following the acquisition of Hilton Surfers Paradise in 2019.
Where Paradise Resort began...
In 2010, the resort was purchased by Melbourne family the Zagame's who invested $6million over the following 5 years into a refurbishment of the waterpark, outdoor pool area, guest rooms and a number of facilities including the installation of Australia's first hotel based ice-skating rink under the leadership of General Manager David Brook.
By 2015 the resort was earmarked for demolition in a sale to the Ralan Group who aspired to build 4 towers on the site, set to be called The Ruby Collection. By July 2019 plans had fallen through and Paradise Resort was again up for sale.