• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 31st anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $23,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $23 Million dollars
  • Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Interesting article about Maui shutting down short term rentals (STRs)

andre10056

TUG Review Crew
TUG Member
Joined
Mar 25, 2007
Messages
289
Reaction score
235
Location
Boston

I'm sure Hawaiian timeshare owners are already very much familiar with this, but I find it fascinating what's apparently going on now.

Native Hawaiians are apparently livid with anger that they have no housing since so many Hawaiian properties have been converted into short term rental vacation properties for tourists. Hence, the municipal governments are going to shut down many thousands of such STRs.

Seems like that might make Hawaiian timeshares more valuable, both in terms of sales value as well as rents that might be sought.
 

Luanne

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
19,892
Reaction score
10,789
Location
New Mexico
Resorts Owned
Maui Lea at Maui Hill
San Diego Country Estates

I'm sure Hawaiian timeshare owners are already very much familiar with this, but I find it fascinating what's apparently going on now.

Native Hawaiians are apparently livid with anger that they have no housing since so many Hawaiian properties have been converted into short term rental vacation properties for tourists. Hence, the municipal governments are going to shut down many thousands of such STRs.

Seems like that might make Hawaiian timeshares more valuable, both in terms of sales value as well as rents that might be sought.
Depending on how the timeshares are classified it might make them worth nothing. Check out the Minatoya list which shows the classification of properties. The A1 & A2 are designated Apartment and I believe those are the ones that might be in danger.


From what I hear from folks who live on Maui this will be tied up in the courts for years.
 
Last edited:

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
58,767
Reaction score
10,661
Location
Northern, CA
Resorts Owned
WKORV, WKV, SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim) NEW: 3 Lawa'i Beach Resort!
This does not apply to hotels and timeshares which are licensed as short term rentals. This applies to fully-owned condos & homes.
 

Luanne

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
19,892
Reaction score
10,789
Location
New Mexico
Resorts Owned
Maui Lea at Maui Hill
San Diego Country Estates
This does not apply to hotels and timeshares which are licensed as short term rentals. This applies to fully-owned condos & homes.
Some timeshares are classified as Apartments, on the Minatoya list, like where we own at Maui Hill.

It's all such a mess that I don't think anyone really knows which properties might be targeted.
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
58,767
Reaction score
10,661
Location
Northern, CA
Resorts Owned
WKORV, WKV, SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim) NEW: 3 Lawa'i Beach Resort!
Interesting - but I'm guessing that is not the norm.
 

easyrider

TUG Review Crew: Elite
TUG Member
Joined
Aug 21, 2005
Messages
16,793
Reaction score
9,452
Location
Palm Springs of Washinton
Resorts Owned
Worldmark * * Villa Del Palmar UVCI * * Vacation Internationale*
Seems like that might make Hawaiian timeshares more valuable, both in terms of sales value as well as rents that might be sought.

It hasn't really gone that route. I see Hawaiian timeshares selling for very little, especially in West Maui. The fire coupled with the economy and high prices of going to Hawaii in general might be the main reasons.

I wouldn't buy any deeded Hawaiian timeshare for many reasons but do have memberships in timeshare systems that include many resorts in Hawaii. Special assessments are one of the reasons.

Bill
 

easyrider

TUG Review Crew: Elite
TUG Member
Joined
Aug 21, 2005
Messages
16,793
Reaction score
9,452
Location
Palm Springs of Washinton
Resorts Owned
Worldmark * * Villa Del Palmar UVCI * * Vacation Internationale*
It's all such a mess that I don't think anyone really knows which properties might be targeted.

It seems like they all have some sort of target on them. Everyone wants a piece of the action and others want them completely eliminated. The way things are going, as the ocean erodes the beaches, there will be nothing the resorts can do to save the resort ,and it will be condemned. Then shoreline rules might prevent new construction.

Bill
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
58,767
Reaction score
10,661
Location
Northern, CA
Resorts Owned
WKORV, WKV, SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim) NEW: 3 Lawa'i Beach Resort!
I don't think we will see any impact on the value of Hawaii timeshares unless the short-term rental laws/regulations are actually changed, and it might be a long time, before that happens, if at all.
 

klpca

TUG Review Crew: Veteran
TUG Member
Joined
Sep 11, 2006
Messages
8,688
Reaction score
7,990
Some timeshares are classified as Apartments, on the Minatoya list, like where we own at Maui Hill.

It's all such a mess that I don't think anyone really knows which properties might be targeted.
Is you HOA sending any information about this to the owners? Does this mean that you will not be able to occupy your owned intervals? Are they saying that the resort will convert to apartments?
 

Luanne

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
19,892
Reaction score
10,789
Location
New Mexico
Resorts Owned
Maui Lea at Maui Hill
San Diego Country Estates
Is you HOA sending any information about this to the owners? Does this mean that you will not be able to occupy your owned intervals? Are they saying that the resort will convert to apartments?
Our HOA has said nothing. They may be waiting until there is something definite to report.
 
Top