KBV Forum Moderator
- Jun 8, 2005
- Reaction score
- Mercer Island WA
- Resorts Owned
- Pahio Kauai Beach Villas, Pahio Shearwater
Denise - I think it's possible that you might be underestimating the hurdles associated with development of a new project in Kaua'i, especially an ocean front site. And especially if such a project is going to result in an increase in tourism. I perceive a substantial local sentiment that Kaua'i is beyond max capacity with tourists, and projects that would add to that load have significant difficulty.What if, as the majority owners, Wyndham votes to end the property as a timeshare, tear it down and build something much more profitable? The minority owners would only get a token reimbursement.
By the phone as a floating weeks owner, or as a Wyndham Points owner?
Maybe you already know this, but a Wyndham Platinum Founder's level member pays well over $100K for that membership, which is about 3-5 deeded weeks on Kauai, especially as an oceanfront resort. Even the 2 bedrooms at Bali Hai are 308,000 points, and that doesn't have an ocean or a short walk to the ocean.If they have the votes to end the resort's existance as a timeshare, they have no obligation to build another timeshare. They could build multi-million dollar condos (local regulations permitting of course.) They could build something that would be a lot more profitable to Wyndham.
Or maybe they would build high-end timeshares and sell them for $50-$100K like the top level resorts do.
In simplest terms: How can you trust them after they rigged the election to take control of the resort?
Are you being given the option of booking a Lagoon View 2BR instead, or just "sorry, there isn't anything"?Floating week owner here. I tried to reserve a Dec 2023 at any oceanfront building.
Are you being given the option of booking a Lagoon View 2BR instead, or just "sorry, there isn't anything"?