Hilton Grand Vacations Announces New Development In Waikiki

[bizaro86]

However in (admitted infrequent) checking, I'm not seeing this same trend at the NYC locations. A little inventory, but not much.

Cheers.

There are probably way fewer HGVC members who can easily get to Oahu at 45 days than NYC though. So whatever is left at 45 days is probably more likely to last. Also, this will probably come in at higher points. So I could see some folks who buy here wanting to try to stretch points by staying at the lower point towers at Hilton Hawaiian Village when available, especially Lagoon.

One pro of this model I can see is that its better for people who can't plan in advance. There are folks who know they want to go on a vacation, but can't nail the week down a year out. Something like this might make sense, because I bet availability at 5-6 months out will be pretty good for most weeks.

 

[frank808]

However in (admitted infrequent) checking, I'm not seeing this same trend at the NYC locations. A little inventory, but not much.

Cheers.

One thing working for me is you can't drive here on spur of the moment trips. Airfare bought so 4 to 8 weeks before flying is usually higher, so that would likely work in my favor. I like hokulani as i do not use the resort and this appeals to me. Price to park my vehicle does not though.

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[Maverick1963]

HGVC announced the 6th timeshare project in the Waikiki area. It will be a 32 story tower with 191 units at King's Village. I understand that redevelopment project was planned but not easily realized. It looks like a bit of surprise that HGVC bought the land. They kept the same strategy - strategic dominance. Multiple resorts in one place. The new tower may not be as gorgeous as Ritz but will require the point level of Grand Islander, I assume. Completion will be 2022. I may try at the early stage.

 

[frank808]

Has been posted a few days ago on another thread. Scroll down and you should see it.

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[Maverick1963]

Thanks．I thought so, but I did not go down further enough.

 

[rog2867]

Wonder why they keep putting them there, and nothing in Maui. Being a starwood owner also its great to have all these options now though with starwood having 3 on maui.

 

[alwysonvac]

Maybe one of the Moderators can merge the two threads.

Here’s the initial thread - https://tugbbs.com/forums/index.php...-announces-new-development-in-waikiki.279740/

 

[GT75]

Maybe one of the Moderators can merge the two threads.

Sorry, it took me awhile to figure out how to do that.

 

[alwysonvac]

Sorry, it took me awhile to figure out how to do that.

Thanks

 

[jehb2]

Last summer we stayed at the Lagoon Tower and we also stayed at the Hokulani. We switched from the Big Island because of the erupting volcano. Staying smack dab in the middle of all the action was fun and I can see the appeal. But truthfully no other HGVC Hawaii tower beats the Lagoon tower. Which is the reason why the Lagoon Tower is the first to be booked at 9 months out, and why people get up in the middle of the night over the course of many nights to complete their reservation.

 

[GregT]

I am here in Oahu now (staying at Marriott Ko Olina) and we visited Waikiki earlier in the week. We walked past this property and I really like it’s location. It’s primary issue (for me) is that it is not ocean-front (nor is Hokulani) but it is very well located. It’s an easy one block walk to a great part of Waikiki beach (shorter than Hokulani) and is in the heart of Waikiki. I think Hokulani has easier access to excellent shopping, but this isn’t much farther. I do think this will be a very successful property, however I don’t see me staying there. If nothing else, this will reduce the demand pressure on the HHV properties that I seek as others value the intangible qualities of the new property.

Best,

Greg

 

[CalGalTraveler]

@GregT Since this will be a high rise, do you think it will have direct ocean views from the Lanai? or will it be blocked by the buildings in front of the beach?

If it has a great ocean view, it might be better than some of the back-end properties of HHV (e.g. Grand Waikikian, Grand Islander) because the building is closer to the beach. (albeit without the HHV resort vibe.)

Since this is bHC, one could reserve a hotel room or HHV and cancel if there is availability at this property at 44 days. I imagine that there might be more availability because many mainland HGVC owners would not opt for this given the 44 day rule and it will take a while to sell the units to owners. Could be a way to get a nice oceanfront during peak unless the points values are staggering.

 

[frank808]

Most of the views will be blocked by the hotel tower that sits directly in front of this parcel. Closer to the beach than Hokulani is situated. Parcel is right across the street from the Sheraton Princess Kaiulani. The site for the bHC is the former Kings Village if you want to look it up on a map.

I figure the point stays will be the same higher point requirements like the other bHC properties.

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[Tamaradarann]

This looks like a pretty good location for "urban resort" in Hawaii.. I could possibly see myself staying here as one stop on a longer Hawaii trip.

I am not sure i would buy here, but there are starting to be enough bHC locations that i will take a better look at benefits you get if you own at one of these.

The higher buy in cost for bHC makes ownership expensive unless it gives you something you really want like NYC or Washington DC. As far as exchanging in; it will be more points than a regular HGVC resort, and you will not be able to use cash for Open Season unless you are an owner. Also, the cash cost for Open Season will be higher than other Open Season booking if the rates are like NYC.

 

[brp]

The higher buy in cost for bHC makes ownership expensive unless it gives you something you really want like NYC or Washington DC. As far as exchanging in; it will be more points than a regular HGVC resort, and you will not be able to use cash for Open Season unless you are an owner. Also, the cash cost for Open Season will be higher than other Open Season booking if the rates are like NYC.

Agreed. With a fair amount of property already in Oahu, it remains to be seen whether the new property brings enough uniqueness in location/amenities/etc. to garner the higher buy-in price in a location where lower prices are already available. As you say- in NYC or DC bHC is your only HGVC option. Not so Oahu.

Cheers.

 

[GregT]

@GregT Since this will be a high rise, do you think it will have direct ocean views from the Lanai? or will it be blocked by the buildings in front of the beach?

If it has a great ocean view, it might be better than some of the back-end properties of HHV (e.g. Grand Waikikian, Grand Islander) because the building is closer to the beach. (albeit without the HHV resort vibe.)

Since this is bHC, one could reserve a hotel room or HHV and cancel if there is availability at this property at 44 days. I imagine that there might be more availability because many mainland HGVC owners would not opt for this given the 44 day rule and it will take a while to sell the units to owners. Could be a way to get a nice oceanfront during peak unless the points values are staggering.

The view will definitely be impacted because of the two Hyatt Regency towers, however there should be enough development opportunity (and space between the two Hyatt towers) for Marriott to be able to secure some view plane. We will see and I think this is an interesting addition.

Best,

Greg

 

[dayooper]

Agreed. With a fair amount of property already in Oahu, it remains to be seen whether the new property brings enough uniqueness in location/amenities/etc. to garner the higher buy-in price in a location where lower prices are already available. As you say- in NYC or DC bHC is your only HGVC option. Not so Oahu.

Cheers.

I think they are banking on two things with this property.

1. Enticing prospective and current owners to buy/trade up to a bHC property they can get an advantageous booking window. Having a 365 days to 60 days advantage to book for peak seasons is huge for some people, especially those that have a hard time being able to book nine months out.
2. It also gives the Asian customers a closer bHC resort. They are already selling a bHC spa in Japan and they might want another bHC to sell.

This is all about bHC getting a Hawaii resort and giving owners an exclusive booking window.

 

[alwysonvac]

Link to dedicated website https://hgvkahaku.com

 

[tompalm]

All hotel and Timeshare properties on Oahu are hot, but Waikiki demand just keeps going up the most. Effective August 1st, 80 percent of Air BnB properties are shut down and now anyone that wants to stay on Oahu will need to book hotels or timeshares. Most tourist that go to Waikiki don’t rent cars and stay there for the shopping, dining, booking tours and being able to spend time next to the ocean. So the new Hilton tower will be fine. It is in the middle of all the activity where there is lots to do. That is not for everyone and more people will start going to other islands because Oahu will be more expensive and too crowded. The Mayor was pushed by union lobbyist to shutdown Air BnB so that hotels workers would have better job security and higher wages. I just hope it doesn’t hurt the economy when 1000s of people stop visiting Oahu because prices are going up.

 

[buzglyd]

That artist's rendering shows it will have quite a bit of ocean view. Just the ends will be blocked and that can be sold as partial depending on the floor.

 

[brp]

All hotel and Timeshare properties on Oahu are hot, but Waikiki demand just keeps going up the most. Effective August 1st, 80 percent of Air BnB properties are shut down and now anyone that wants to stay on Oahu will need to book hotels or timeshares. Most tourist that go to Waikiki don’t rent cars and stay there for the shopping, dining, booking tours and being able to spend time next to the ocean. So the new Hilton tower will be fine. It is in the middle of all the activity where there is lots to do. That is not for everyone and more people will start going to other islands because Oahu will be more expensive and too crowded. The Mayor was pushed by union lobbyist to shutdown Air BnB so that hotels workers would have better job security and higher wages. I just hope it doesn’t hurt the economy when 1000s of people stop visiting Oahu because prices are going up.

Plenty of room for all y'all on the Big Island. It's big

Cheers.

 

[1Kflyerguy]

Plenty of room for all y'all on the Big Island. It's big

Cheers.

Shhh, don't tell anyone about the Big island... don't want it to get crowded..

 

[buzglyd]

There’s your ocean view. It will be in the middle of those two towers.

 

[CalGalTraveler]

The Waikiki project building has been named. Sales are expected to begin in mid 2020.

It appears that the building will have Club rooms in addition to bHC:

Ka Haku by Hilton Grand Vacations
Ka Haku Nui by Hilton Club

 

[pianodinosaur]

I think as long as they continue building regular HGVC resorts and keeping the bHC more hotel like and not resorts, I think they will be fine.



As a member of Tug, you know this. Does the average owner? Much like the sales weasels sell the conversion to Hilton Honors points, I'm sure they sell them on the differences in the reservation windows.

There is no question in my mind that the conversion factor from HGVC points to HHonors points is poor. It is perhaps the least economical use of HGVC points other than not using them. However, due to an illness in our family, I was unable to use a year of my a HGVC points. They were converted to HHONORS points which never expire. We have redeemed them for a 5 day stay at The Hilton Buffalo Thunder Resort this year and for a 5 day stay at The Rome Cavalieri for next year and we still have plenty of a HHONORS points left over. I have only made this conversion once in almost 20 years with HGVC and I hope that I never have to do it again, but, it has worked out well given the circumstances.