The White Cockatoo Resort in Mossman, near Port Douglas, north Queensland - once billed the nation's top-spot for group sex and swingers - is planning an adults-only month of hedonism for March next year.
Owner of the resort, Tony Fox, said it was time to lift a self-imposed swinger ban.
"Tough economic times call for stiff measures. We've taken the bull by the horns and it's going nuts; we're close to fully booked," the Courier Mail quoted Fox, as saying.
"It will be a hedonism resort, where anything goes for a month. We're not using the words sex or swingers, but it doesn't take rocket science to work out what it means," he added.
Three years ago, the controversial resort hit the headlines when it closed its doors to partner-swapping.
The ban followed a series of out-of-control sex parties and orgies where, in one case, police were called to evict six swingers after a free-for-all sex romp in a chalet.
In another, a naked husband-and-wife in their mid-50s upset others with a rowdy display of balcony sex before breakfast.
Other guests complained of being propositioned for group sex by a stranger in her 30s.
The resort's plans have received backlash, however, with Cairns Catholic Bishop James Foley saying it may end up cheapening the resort for a short-term gain.
Cairns Regional Mayor Val Schier has put her support behind the resort, saying north Queenslanders were "extraordinarily creative".
"If they can create a business opportunity that does not offend any neighbours or harm anybody, that is fine," Schier said.