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Strategy for Ko Olina

marmite

marmite

TUG Sightings Guru
TUG Member
Joined
Sep 25, 2011
Messages
13,508
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Location
British Columbia
Resorts Owned
Marriott's Grand Chateau, Sheraton Desert Oasis,
HGVC Paradise,
WorldMark
I've been watching the thread regarding the prices for Ko Olina, and want to know what would be the best match to my goals.

I want to go somewhere every year (in a 1 bedroom), but am certain I want to be able to book Ko Olina every OTHER year.

I am wondering if either of these scenarios are preferable over one another, or if I am missing another alternative. It would be a resale purchase OF COURSE!

  1. Buy an annual use 1bdr at Ko Olina, trade it every other year for another destination (this seems like I might be wasting money on my MF)
  2. Buy a EOY 1bdr, for use at Ko Olina and buy a different contract for a good trader on the opposite years
  3. Buy a EOY 2bdr, unlock it, stay in 1bdr and deposit the studio for a trade the following year (is this still a waste of money?)

I somewhat like the 2bdr option, only because if we wanted to, we could travel with other family members for a vacation (even though we would be giving up a week to deposit for the following year).

Thanks very much!
 
marmite said:
I've been watching the thread regarding the prices for Ko Olina, and want to know what would be the best match to my goals.

If I want to go somewhere every year (in a 1 bedroom), but am certain I want to be able to book Ko Olina every OTHER year.

I am wondering if either of these scenarios are preferable over one another, or if I am missing another alternative.

  1. Buy an annual use 1bdr at Ko Olina, trade it every other year for another destination (this seems like I might be wasting money on my MF)
  2. Buy a EOY 1bdr, for use at Ko Olina and buy a different contract for a good trader on the opposite years
  3. Buy a EOY 2bdr, unlock it, stay in 1bdr and deposit the studio for a trade the following year (is this still a waste of money?)

I somewhat like the 2bdr option, only because if we wanted to, we could travel with other family members for a vacation (even though we would be giving up a week to deposit for the following year).

Thanks very much!
Click to expand...
I would really go with the 2BDRM if you can afford. I think it brings a great deal more value than just having the 1BDRM. Don't forget you can rent weeks that you don't use.
 
marmite said:
I've been watching the thread regarding the prices for Ko Olina, and want to know what would be the best match to my goals.

I want to go somewhere every year (in a 1 bedroom), but am certain I want to be able to book Ko Olina every OTHER year.

I am wondering if either of these scenarios are preferable over one another, or if I am missing another alternative. It would be a resale purchase OF COURSE!

  1. Buy an annual use 1bdr at Ko Olina, trade it every other year for another destination (this seems like I might be wasting money on my MF)
  2. Buy a EOY 1bdr, for use at Ko Olina and buy a different contract for a good trader on the opposite years
  3. Buy a EOY 2bdr, unlock it, stay in 1bdr and deposit the studio for a trade the following year (is this still a waste of money?)

I somewhat like the 2bdr option, only because if we wanted to, we could travel with other family members for a vacation (even though we would be giving up a week to deposit for the following year).

Thanks very much!
Click to expand...
I don't believe you can buy a 1BR unit at Ko Olina (2BR or 3BR only), so you can probably take options #1 and #2 off your list.

In the new world of points, I think it would be wise to have the strongest trader possible. Option #3 sounds good to me, although the trading strength of a studio is less-certain (even a Ko Olina studio).
 
marmite said:
I've been watching the thread regarding the prices for Ko Olina, and want to know what would be the best match to my goals.

I want to go somewhere every year (in a 1 bedroom), but am certain I want to be able to book Ko Olina every OTHER year.

I am wondering if either of these scenarios are preferable over one another, or if I am missing another alternative. It would be a resale purchase OF COURSE!

  1. Buy an annual use 1bdr at Ko Olina, trade it every other year for another destination (this seems like I might be wasting money on my MF)
  2. Buy a EOY 1bdr, for use at Ko Olina and buy a different contract for a good trader on the opposite years
  3. Buy a EOY 2bdr, unlock it, stay in 1bdr and deposit the studio for a trade the following year (is this still a waste of money?)

I somewhat like the 2bdr option, only because if we wanted to, we could travel with other family members for a vacation (even though we would be giving up a week to deposit for the following year).

Thanks very much!
Click to expand...

Ko Olina only has 2BRs and 3BRs, so buying an EOY 2BR will get you the 1BR unit that you want and a Studio deposit for trading.

Good luck -- its a beautiful property!

Best,

Greg
 
Last edited:
Just another option to consider. I have gone to Ko Olina 5 times in the last 3 years. I own 5 weeks in Palm Desert were the MF's are significantly less than Ko Olina. Past results may not be indicative of further results!!
 
gblotter said:
I don't believe you can buy a 1BR unit at Ko Olina (2BR or 3BR only), so you can probably take options #1 and #2 off your list.
Click to expand...


And I thought I just wasn't seeing any available and had to look harder! :)

So when someone gets a trade into a 1bdr at Ko Olina, it is always just 1/2 of a lockoff? Is that correct?
 
marmite said:
So when someone gets a trade into a 1bdr at Ko Olina, it is always just 1/2 of a lockoff? Is that correct?
Click to expand...

The answer to your question is yes, but if it was a 2bdr, the 1bdr is about 65% of the overall area (the other portion is a kitchen-less studio).
 
wvacations said:
Just another option to consider. I have gone to Ko Olina 5 times in the last 3 years. I own 5 weeks in Palm Desert were the MF's are significantly less than Ko Olina.
Click to expand...

That's exactly what I need to hear. That of COURSE should have been my option 4. Buy a good trader with lower MF and purchase price. Thanks for mentioning that.
 
Most of recent Ko Olina deposits are only studios.
If you need a 1BR, maybe buy there (2BR) would be the better option.
There are 2BRs which you can get through exchange, but most of them are all last minute (flexchange) deposits.
 
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