I don't know if you're allowed to divulge such details on these boards but what makes this t/s so attractive that people are willing to shell out nearly $500 per day for it?
The Marriotts and Westins are the highest rated TS's in Hawaii,
CLICK HERE
The Westin is the newest TS on Maui (although the Marriott has some phases that are newer - but not the whole resort.) At the Westin, phase one was completed in 2003 and phase II completed in 2007.
Maui has more demand than the other islands for rentals.
I think you pay for the "Westin" brand name as well.
Also, why are the MFs so high?
Mostly because the developer/management company (Starwood) controls the BOD.
The cost of living is also very high in Hawaii, and local taxes are terrible - Maui county has developed a "special" property tax just for timeshares that is much higher than their regular rate.
Since the resort opened in 2003, my maintenance fees have
DOUBLED!
This year I also paid about $300 to cover the MF of other owners who defaulted.
So, no, I will not be discounting the rent any time soon...