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Princeville Pricing

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I don't think it's mentioned in the reference thread, but we bought right when it went on sale and I believe it was $46K and change.
 
It was announced (per salesperson) that there will be a price increase of 18% in three steps prior to May 1, 2008 to $59,900. That is when the resort opens.
 
It was announced (per salesperson) that there will be a price increase of 18% in three steps prior to May 1, 2008 to $59,900. That is when the resort opens.

Just reviewed my notes from Monday's telephone conference with a Starwood sales rep on site. He stated 3 upcoming price increases, 2/15, 4/1 and 5/1 which will raise prices a total of 18%.
 
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Starwood Party Line

:rolleyes:
Just got off the phone with a salesman on Kauai. My sense is that he is selling units everyday- very matter of fact in his approach.Polite, articulate willing to listen but unable to "bend the rules". In no particular order, here are a few of the things he said.

I. Acknowledged that while some better deals had "slipped through the cracks", will not happen again as per directive of new CEO.
2. No retro of ANY property unless developer purchase exceeds $40,000. Doesn't matter where call comes from.
3. On a retro, only one property comes in whether EY or EOY. Example: you purchase 2bd EY Princeville, you cannot retro 2 EOY units.
4. Only incentives on purchasing 2bd EY unit now for $ 49,900. are 2008 use and 100,000 starpoints.
5. No half price EOY unless you have purchased a directly from Starwood previously.
6. Also said Princeville will be last Starwood lockout property in the Islands-
Maui phase III and other development on drawing board will not ne lockouts.
7. Said we would not be offended if I found a different salesperson who could offer a better deal.:wave:
If anyone has a suggestion as to someone who might like a sale, please pm me.
 
Just reviewed my notes from Monday's telephone conference with a Starwood sales rep on site. He stated 3 upcoming price increases, 2/15, 4/1 and 5/1 which will raise prices a total of 18%.

Companies all over the world (including mine, a Fortune 20 company) are reducing their travel spending due to sky high airfares and hotel rooms, a weak dollar and a softening global economy. Airline prices to Hawaii are ridiculously high. We're facing a multi-billion dollar mortgage crisis and foreclosures are at an all time high. The job numbers stalled in the 4th quarter, meaning more people are out of work.

And Starwood is raising their prices 18%? I wonder if Starwood execs ever read the news?
 
:
5. No half price EOY unless you have purchased a directly from Starwood previously.

You can purchase an EY and have it deeded as 2 EOY's. You would then pay 1/2 price for each EOY.

You can then RETRO 2 resales. One resale for each EOY.

duke
 
You can purchase an EY and have it deeded as 2 EOY's. You would then pay 1/2 price for each EOY.

You can then RETRO 2 resales. One resale for each EOY.

duke

Suggested exactly that stategy, Duke, and response of this rep was:
A.) You can split the EY into 2 EOYs
B.) Only 1 retro, nevertheless.:annoyed:
 
Suggested exactly that stategy, Duke, and response of this rep was:
A.) You can split the EY into 2 EOYs
B.) Only 1 retro, nevertheless.:annoyed:

The surest way for this policy to stick is to give into it. Don't do it!!!
 
Prices have gone up about 6 or 7% in the two years since it went on sale. An 18% price jump in a few months sounds an awful lot like salesman b.s. to me.
 
Prices have gone up about 6 or 7% in the two years since it went on sale. An 18% price jump in a few months sounds an awful lot like salesman b.s. to me.

Maybe, maybe not.

Starwood has a track record of becoming more aggressive with price increases as its inventory gets short.
 
Maybe, maybe not.

Starwood has a track record of becoming more aggressive with price increases as its inventory gets short.

Their sales guys and gals also have a track record of b.s. I guess we'll have to wait and see.
 
It will likely depend on how fast the sells go - and the SVO focus now that WKORV-N is almost filled. When we bought WPORV at WKV - I almost had to bring up WPORV they were so focused on WLA and VV-A.
 
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