*** New Thread: KBV Vote for Chapter 11 Bankruptcy

[skcamerabuff]

Everyone that can bail out from KBV and Wyndham should bail out NOW. Get out while the getting out is good. Celebrate the end of timeshare with Wyndham. You can get all the resorts at much less cost through other means: vacation clubs, etc. Do not give Wyndham one more penny of your $$$$. Enjoy life without monthly maintenance fees. There is so much less than you used to receive with Wyndham. Now you barely get housekeeping or essentials or great resorts that need a lot of work. Save your $$$$. This should not be a difficult decision. There are awesome resorts that you are able to book without tying yourself to Wyndham. I owned my travel agency for 14 years and know what is available out there for a lot less $$$. Leave Wyndham NOW.

 

[antonious]

Fyi I bought kbv Wyndham resale every other year pts a couple yrs ago. I called Wyndham a couple days ago and they let me swap to access points, no extra cost. Reservations I already had for 2026 were kept and they said the paper work would be sent out mid Feb by someone from Travel and Leisure.

 

[sforgues]

Everyone that can bail out from KBV and Wyndham should bail out NOW. Get out while the getting out is good. Celebrate the end of timeshare with Wyndham. You can get all the resorts at much less cost through other means: vacation clubs, etc. Do not give Wyndham one more penny of your $$$$. Enjoy life without monthly maintenance fees. There is so much less than you used to receive with Wyndham. Now you barely get housekeeping or essentials or great resorts that need a lot of work. Save your $$$$. This should not be a difficult decision. There are awesome resorts that you are able to book without tying yourself to Wyndham. I owned my travel agency for 14 years and know what is available out there for a lot less $$$. Leave Wyndham NOW.

This is true...all you need to do is go to a site like www.extraholidays.com. You'll see that Wyndham is renting out timeshare units for about the same cost per night as you'll pay in maintenance fees. We had KBV for over 25 years and always transferred to RCI points. We got our value out of it in the first few years, but since COVID the cost to rent the same unit on the open market is frequently about the same as maintenance fees. We are very glad to be out of KBV!

 

[slabeaume]

Fyi I bought kbv Wyndham resale every other year pts a couple yrs ago. I called Wyndham a couple days ago and they let me swap to access points, no extra cost. Reservations I already had for 2026 were kept and they said the paper work would be sent out mid Feb by someone from Travel and Leisure.

They let you do the swap already? They told me they couldn't help me until Feb at the earliest since they had to take care of the Fairfield closures first.

 

[DeniseM]

If the "paperwork will be sent out in Feb," it certainly isn't done yet. IMNSHO, with the way Wyndumb is getting swamped with calls right now, I would not count on anything you hear over the phone, until you have the actual paperwork in-hand.

 

[Hanalei]

Hello everyone. As a Pahio every other year, deed owner, I wish to simply wash my hands of this timeshare nightmare. No past conversion to Wyndham or point system - just a straight up deed.

It is my understanding nothing is needed on my part at this time other than to wait for the bankruptcy process to unfold. Am I correct in this assumption?

 

[DeniseM]

That's what I understand.

 

[kbv007]

Hello everyone. As a Pahio every other year, deed owner, I wish to simply wash my hands of this timeshare nightmare. No past conversion to Wyndham or point system - just a straight up deed.

It is my understanding nothing is needed on my part at this time other than to wait for the bankruptcy process to unfold. Am I correct in this assumption?

We are in the same situation. If you find out any new relevant information, please share! Thanks.

 

[Twest]

I spoke with Wyndham last week and asked specifically what my options where and what I needed to do for my every other year points at KBV
1. Can swap them for Wyndham. The agent actually told me “ I don’t see why you would want to do that”
2. Do nothing and basically let the process run its course and maybe I’d get a few bucks back in the end. “There is nothing you need to do if this is the direction you choose to take”. Don’t have to opt in or out. Just do nothing.

Works for me!
Hope this helps

 

[slabeaume]

If the "paperwork will be sent out in Feb," it certainly isn't done yet. IMNSHO, with the way Wyndumb is getting swamped with calls right now, I would not count on anything you hear over the phone, until you have the actual paperwork in-hand.

I am at a point where I really don't care what happens. I had resigned to the point that we were just going to lose those points, but they did put us into VIP Gold which really did benefit us a lot. But the last 7 years we've not been able to travel due to husband's health, so the kids are using it. So I guess it's a win win for us which ever way it goes. So I'm patiently still waiting to hear back from them---and wondering if we will.

 

[joyful]

Any responses from the letter we received from the AOAO Board?

 

[Sternies]

Any responses from the letter we received from the AOAO Board?

My curiosity is about the 7 figure repairs being done to the property. If the property is shut down, going through bankruptcy, and will (hopefully soon) be sold - why is so much money being spent on repairs?? I also wonder if owners will be responsible for additional money for another assessment. Didn’t we give up the rights to our property when we agreed to proceed with the bankruptcy??

 

[cmwpdx]

Any responses from the letter we received from the AOAO Board?

Chapter 11 usually means the facility is being reorganzied in bankruptcy to continue to own and run it as is. I thought there was an owner vote to abandon and sell--which would mean just make the repairs needed to mothball it for sale (i.e. don't throw good money after bad). Something seems off here.

 

[benoma88]

Chapter 11 usually means the facility is being reorganzied in bankruptcy to continue to own and run it as is. I thought there was an owner vote to abandon and sell--which would mean just make the repairs needed to mothball it for sale (i.e. don't throw good money after bad). Something seems off

Reorganization plans may not precipitate a sale. Previous thread noted the BOD responding to temporarily close.
see Nov 11, 2025 post #157 "I emailed KBV and was sent this in response:
"Thank you for your email. The IOA Board voted earlier last month to temporarily shut down the resort effective January 1, 2026"...

 

[pafuson]

FYI Received late this afternoon and thought I'd share for those who may not have gotten it. I have a appt. so am unable to listen in so I hope someone will and post,
Thank You.

February 10, 2026 KBV IOA TEL Board of Directors Meeting

Fri, Feb 6 at 5:01 PM


Aloha,

Enclosed you will find the Zoom link for the upcoming KBV IOA Regular Telephonic Board of Directors Meeting scheduled for Tuesday, February 10, 2026 at 9:00a.m. (HST).
Register in advance for this meeting:
https://travelandleisure.zoom.us/j/98699832068?pwd=ZPFXCbR1HDeXT2TEluqdgzrehObXvk.1


Phone: 1 720 707 2699
Meeting ID: 986 9983 2068
Passcode: 744277


Mahalo,

Liane Henderson
Administrative Assistant I
Kauai Beach Villas

Travel + Leisure Co.
4330 Kauai Beach Drive
Lihue, HI 96766
office: 808-241-1000
Email: Liane.Henderson@travelandleisure.com

 

[schreff]

As most folks know, Wyndham seems to love playing "gotcha games "! Is this one of those times? And what is the answer to the following???

Does Wyndham control the KBV BOD? Were there ever Wyndham conflicts of interest related to fiduciary law or other legal matters concerning KBV? What does temporarily close mean? What legal rights did the non-profit incorporation syndrome give Wyndham and the BOD? Does the BOD now have the capability to still issue the huge special assessment that they talked about in the past? And if so, why wasn't it fully disclosed to the owners? What the h.ll is going on with the contractor we didn't know was making material repairs? Is this part of the special assessment monies we paid and were suppose to be returned? Was the contract entered after incorporation? Lastly, what are these CWA switch letters all about?

Something isn't right or is it just me who smells it? The BOD is responsible for answering the above questions and many more so that the owners know the truth? We all know that both Wyndham representatives and the most likely the BOD are monitoring TUG. I have been unable to get any specific answers from my emails to Henderson of Wyndham so maybe this public appeal will be answered in full by those ghosts that we suspect exists?????

 

[Sternies]

Just got done attending the Board of Directors meeting. During the actual meeting, the president of the Board mentioned that the bankruptcy could take months or years to complete. When the meeting was adjourned, he (seemingly reluctantly) shared that all construction work has been stopped for 30-60 days because the construction company has not been paid. He also shared that any additional money required to move forward with ??? (future repairs, ongoing staff, utility bills, ???) will come from another special assessment for ALL owners. Then a Board member stated that no special assessment would be coming. It was also shared that they reached out to a “reseller” for the sale of the property. No other information was provided about this. Every response ended with the statement that all KBV specific questions need to be directed to the AOAO Board. I came away with minimal additional information and not a huge amount of confidence specific to anything associated with the ongoing issues with KBV.

 

[Century1071]

Thank you for your information! Any info helps in understanding this mess!

 

[pafuson]

Thank you for the meeting information. I think the IOA board understands that the timeshare owners have signaled them with the bankruptcy vote that we have no
interest in fixing this resort anymore. The AOAO board was talking about continuing to work on bldg G but that doesn't even tackle all the rest of the buildings which
they say they are too dangerous for the rest of the resort for timeshare reservations.

 

[schreff]

I was unable to attend the meeting but sent Liene Henderson an email asking questions but received no reasonable answers. I followed up by asking Henderson, who from the email address appears to be a Wyndham employee, that my email and questions be brought up during new business. I don't know if they were but I will share them with you.

1. Many owners have received offers to convert their ownership to Wyndham CWA points like the other 14 resorts claiming bankruptcy. Is this valid and if so, why have some owners not been contacted? And why hasn't the BOD mentioned this previously?
2. Why were certain actions, which would seem to have long term benefits and thus a waste of reserve funds,, taken by the BOD after incorporation? Does this mean that the BOD is planning for reorganization and not closure?
3. What happened to the reserve funds that many owners paid in the past? These funds were to be refunded prior to the actual bankruptcy fillings, why were they not? I would seem only fair because all owners have not paid for this special assessment.

As many of you know, I don't trust Wyndham. I have tried but can't get any answers from the BOD and/or Liane Henderson. What is going on when according to the above Sternies post, " When the meeting was adjourned, he (seemingly reluctantly) shared that all construction work has been stopped for 30-60 days because the construction company has not been paid. He also shared that any additional money required to move forward with ??? (future repairs, ongoing staff, utility bills, ???) will come from another special assessment for ALL owners. Then a Board member stated that no special assessment would be coming. "
I can only assume that the he means the President of the BOD (Larry???) and that according to him it looks like a special assessment is possible and maybe even likely. Who is the other member who stated that no special assessment would be coming??? My questions relate to these questions but the BOD refuses to answer them for we, the owners. Perhaps the bankruptcy judge and the Court should be aware of these actions/inactions by the BOD which appears to be somewhat divided. The most important question is still unanswered, " Is this a reorganization and if so, what are the projected cost to the owners and where is this pot of gold to pay for future repairs, ongoing staff, attorney's fees, etc. coming from ". If the BOD president's words yesterday concerning another special assessment are valid then the nightmare owners went through in 2025 will repeat again just like Bill Murray and Groundhog Day.