Sheraton Kauai Update?

[eagle29]

Does anyone have any updated information on the status of the Sheraton Kauai Hotel conversion to SVO timeshare and what the sale of SVO to Interval may have on the conversion?

 

[topdog]

We stopped by in September. There is a small SVN office and plenty of idle speculation. Nothing more available at that time.

 

[GregT]

Does anyone have any updated information on the status of the Sheraton Kauai Hotel conversion to SVO timeshare and what the sale of SVO to Interval may have on the conversion?

I don't have any real data, but I believe this will happen in the medium term, after Nanea is fully built out and sold. I've done some searching on the internet including going through the Kauai deeds and records and can't find anything that suggests a timeline.

I also skimmed through the Transferred Properties references in the Vistana Signature Experiences SEC filings and didn't find anything that hinted at a timeline.

So struck out on both attempts. So it only becomes what I can speculate, and that is that they will develop the Kauai property in a measured manner, and after the timeline to complete the selling of Nanea has been completed.

Best,

Greg