Clive Palmer says dilapidated luxury resort will reopen after decade in mothballs

Billionaire Clive Palmer plans to revive a luxury resort on Australia's Sunshine Coast that was shuttered a decade ago. The former owner of the Hyatt Regency resort, which featured 300 rooms and a 18-hole golf course, announced in 2021 a $100 million redevelopment project including replicas of famous landmarks. Tradespeople have been hired for the ongoing renovations, with the resort expected to reopen in mid-2024.

However, local residents remain skeptical given the repeated delays and broken promises to reopen the facility. Despite the skepticism, many hope Palmer's restoration efforts can breathe new life into the region, potentially addressing an accommodation shortage ahead of the Brisbane 2032 Olympics.