That’s too big a question...
Is it a reasonable baseline price, Am I on a leisure weekend or special occasion, will I be spending a lot of time in the resort?
Does it come with club access, nicer amenities? Most luxury suites come with balcony, patio, a view, bigger tub, larger TV, sound system, area for entertaining, toiletries, robes, wine & chocolates... Rarely are they exactly the same even if the same size. Then yes, I would be willing to pay double.
If I’m already paying $4-500, it’s a business trip, I won’t be spending a lot of time and there’s not a lot to offer other than nicer furniture or less shabby interiors, Unlikely...