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Westin Hawaii Kaanapali North EOY

KOR5Star

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This is where Westin stucks. If I could I'd sell my Westin and buy at Marriott Maui or Ko'Olina where the pools are or will be much better, I would. Ko'Olina is adding a pool slide and a lazy river similar to the one at Maui Marriott. I think Westin is gonna have a lot of disappointed timeshare owners when they see that the lazy river wasn't added.
Huh? Why can't you? The Marriott is selling for less on the resale market than Westin. You'll be able to sell the Westin, buy a Marriott and have some cash in your pockets.

See, I just made your day. :whoopie: Now go on, skeedaddle... and own what you really want to own. We only go 'round once. Why suffer with Westin when that's not what you want?
 

ketamine

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I would advise anyone looking at a Marriott timeshare to make sure they get cozy with the Ts & Cs, especially looking to see if anyone else can make reservations before they can.

Like Rod, I too am wondering about T's and C's.

Also in a general response to this thread I have NEVER NOT gotten exactly the weeks I have wanted at KVOR, St.John's, Harborside, Avon or WMH and curiously I have also never reserved as early as 12 months or 8 months. IMHO if you want to have more control over your plans Westin is easier to work with.:whoopie:
 

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My friend owns Marriott at Newport Beach and they own one week/year. They always battle to get their week. They call first thing in the morning 12 months out. They can only go during summer breaks. They have been lucky and get the last week before school starts, but it's always so stressful! When people own 2 weeks/year they can reserve 13 months out and those people seem to get all of the reservations.

That's why I like Starwood with our reservation policy. When you call in the 12-8 month window you can get your home resort.

The Marriott locatioms are tempting though!
 

cmi

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Not all units at a resort are available for reservation to owners who own more than 1 week at Marriott. I believe 50% are available for 13 month reservations. If all units were given to those who own more than 1 weeks you'd have a lot of upset 1 week owners.
 

califgal

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Not to be rude, but I've read posts from a lot of unhappy Marriott owners. However when makinig reservations it's luck of the draw. Interesting to know the 13 month rule does not apply to all resorts, I'll have to see if my friend knows that.
 

cmi

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Sorry if I wasn't very clear. All resorts qualify for the 13 month rule. Not all units or inventory is available for reservation at that time. They have to leave weeks available for those who own 1 week. Othewise 1 week owners would not be too happy. But yes, you do have to be prepared to call early even if you own more than one week. Westins are awesome, but I can't afford to buy one. I believe MF fees are higher than Marriott (in Hawaii and Arizona) and the cost to purchase one is higher too. Hope that makes more sense.
 

ciscogizmo1

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ciscogizmo1

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deleted not on topic..
 
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KOR5Star

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Like Rod, I too am wondering about T's and C's.

Also in a general response to this thread I have NEVER NOT gotten exactly the weeks I have wanted at KVOR, St.John's, Harborside, Avon or WMH and curiously I have also never reserved as early as 12 months or 8 months. IMHO if you want to have more control over your plans Westin is easier to work with.:whoopie:
Sorry for assuming everyone would know what I was talking about.

"T's & C's" is short for "Terms & Conditions". They might be called something else in the timeshare world. I seem to remember a CD and a book with a different title, but esentially they are the T's & C's of the timeshare usage agreement.

No contract should ever be entered without a diligent review of the T's & C's for the contract. This is exactly where most of the frustration of new owners is born. They listen to what is said. They don't read what is written. The ONLY thing that counts is what is written. What is merely said is garbage.
 

KOR5Star

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Well, my aunt owns a Maui Marriott week and had no trouble reserving a summer week last year. In fact she only owns one week every other year and has never had trouble reserving her week. So I'm speaking from experience too. I'm just trying to say not ALL marriott owners have trouble reserving their week. You make it sound like if you own Marriott and you are a single week owner you'll never get your reservation during a high demand week. That is just not true. I'll remember this when you don't get your week at a Westin. Don't worry one day it will happen.... YOu can count on it.
I'm so sorry to continually dissagree with you, but I am VERY familiar with the Marriott system. When I was ready to buy Westin, I ran over to Marriott and grilled them for a couple of hours about the inner details of their system. I had managers come over, we got corporate on the phone, etc... I was already armed with the experience of my sister. She was, in fact, there on Maui with me when I bought Westin... and was advocating I purchase Marriott instead.

As for your aunt, a "summer week" is not enough info to determine if it's a high demand week. For instance, anyone can go just about anywhere in August. Half the country is back in school and l've personally taken advantage of some truly wonderful last minute vacation deals during these "summer weeks".

What I'm talking about are the universally accepted high demand weeks... Week's 51 and 52, President's week/February break, 4th of July week, etc... If you own only one week with Marriott, you will simply not be booking these weeks. If asked directly, even Marriott admits it is very difficult for single week owners to get the highest demand times.

I am not an anti-Marriott guy, although this particular discussion has me on the "knock Marriott" side. I like the hotel chain and, for the most part, their timeshare program. I used to be Platinum with Marriott before converting to Starwood. I can't count the times I've been approached by them for timeshare. I've taken many a promo with them over the years. I know their properties very, VERY well.

I don't think so... I bought from the developer so I'd be losing money. No thanks..
I'm sorry to say that I don't believe for one instant that we will ever see the resale value of our timeshares approach the price we paid for them. By the time that happens, inflation and the unrealized returns that money could have brought us will still keep us securely in red ink.

If you buy a stock for $10 and it's only worth $5 today, that's what you have... a $5 dollar stock. If you see another stock that is more attractive, you don't wait until the bad stock goes back to $10. You simply sell and move your investment into something more to your liking.

That's all I'm suggesting you do with your timeshare. I'm sorry to say it's worth what it is worth and no more. If you truly look upon Marriott as a more attractive place to be, my sincerest advice to you is make the move. Move on and enjoy your life to it's fullest.

I couldn't imagine making myself and my family stay in a place that I thought was second best, when what I beleived was "first best" could be had for less then second best could be sold for. Think about that. You will get what you really want AND have money in your pocket. Why on Earth would you not consider that?

Again, we only live this life one time. Don't stand around thinking what you could have done or what you will do next time. You already did it and there will be no next time.
 
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KOR5Star

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Not all units at a resort are available for reservation to owners who own more than 1 week at Marriott. I believe 50% are available for 13 month reservations. If all units were given to those who own more than 1 weeks you'd have a lot of upset 1 week owners.
I don't think it's anywhere near 50%, but I have not facts to back that up.

My sister owned one week on Ka'anapali and she tried for years to get Presidents week. She tried to call the very moment she could and still, she came up empty handed year after year. Sure she got a week every year, but it was never the week she truly wanted. Then she became a multi-week owner and she's been able to book Presidents week with no problems..

When I went to Marriott and discussed this with them, they basically agreed. They DO have a lot of upset single week owners. Mostly new owners. Once the realization sets in these people either resell or buy another week. What's left are people that can live with the system.

The same is true for the Westin. There are plenty of first timers that didn't fully understand that they had to call 1 year out or not get their week. A lot of people can't possibly know one year out. Those upset people tend to sell their week and move on. The ones that can live with the program stay.

Again, I really hate to be on the "bashing Marriott" side of things. I think their properties and program are fine. I simply pointed out a major wart after someone suggested that Westin owners had a problem getting weeks and Marriott didn't. If you're talking multi-week owners, then in that regard, the ability to book are generally equal. The same can't be said for a single week Westin owner versus a single week Marriott owner.
 
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Iowa Rod

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What would a good price be

I am reday to make Fred an offer. They are asking 18,500 for this what would be a reasonable offer.
Thanks, Rod
 

myip

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I am reday to make Fred an offer. They are asking 18,500 for this what would be a reasonable offer.
Thanks, Rod
Is this ocean view, ocean front or island view? If island view, I would offer around $15K.
 

ciscogizmo1

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deleted not on topic..
 
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ciscogizmo1

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deleted not on topic
 
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Iowa Rod

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it is island view

Thanks for your help. I made him an offer of 15,000. Lets see what happens. Do you think this will pass rofr?
 

Denise L

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Thanks for your help. I made him an offer of 15,000. Lets see what happens. Do you think this will pass rofr?

As a happy WKORV owner, I'm going to be selfish :D and say that I hope this "low" offer doesn't get accepted by the seller, as it means my timeshare is worth SO much less than it really should be :bawl: !

But I'm not wishing you any bad luck, and Fred is great to work with. I just don't like seeing "comps" so low :( . FYI, Starwood rarely exercises its ROFR.
 

DavidnRobin

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As a happy WKORV owner, I'm going to be selfish :D and say that I hope this "low" offer doesn't get accepted by the seller, as it means my timeshare is worth SO much less than it really should be :bawl: !

But I'm not wishing you any bad luck, and Fred is great to work with. I just don't like seeing "comps" so low :( . FYI, Starwood rarely exercises its ROFR.
I am confused - after reading this post - and trying to look beyond the "off-topic" discussion of SVO/Marriott - are you now saying that this wasn't OF afterall, and that this is an offer for an EOY IV at WKORV-N - correct?

Why would this offer be out-of-line with expecatations? Based on WKORV IV prices - a price of $15K is about what I would expect.
 

Denise L

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I am confused - after reading this post - and trying to look beyond the "off-topic" discussion of SVO/Marriott - are you now saying that this wasn't OF afterall, and that this is an offer for an EOY IV at WKORV-N - correct?

Why would this offer be out-of-line with expecatations? Based on WKORV IV prices - a price of $15K is about what I would expect.

Yes, it is not an OF that Iowa Rod is making an offer on. I am not sure if he is making an offer on the IV or OV, but from the ads it looks like they have the same asking price.

I haven't been tracking WKORV-N resale prices, but it just seems to me that $15K is very low for a brand-spanking new resort that hasn't opened yet. When WKORV opened, resales showed up a week later at about $38K for EY OV, so you'd hope that WKORV-N EOY would be about half of that price, but of course, there is WKORV inventory to compete with. Do you know what WKORV-N EYs have actually sold for on the resale market?

I'd like to see the resorts "hold their value" (if there is such a thing when the developer doesn't actively, or even passively, exercise ROFR) because I own a week and have a vested interest.
 

Iowa Rod

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another question

Thanks for all of the replies. Fred told me that the prices for an island view in the North section on resale would be the same as the ocean view in the origional section. He actully has both listed. On the eoy 2 bed island view in the North section they countered to me with 18,000. There is an e bay add and he will take 17,000 for the same type of unit.
Now are my question's. Would I be better off with a 81,000 point 1 bed ocean view unit? There is one on e bay that the seller told me could be purchased for 17,800 but it is at the origional section. I would have about 14,900 more points evy other year. And is the new North section in any way better then the origional section. What is a good price for one of these 1 bed units.
Thanks so much.
Rod
 

KOR5Star

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I hope your aunt wasn't trying for week 52 as most of those are fixed weeks just like at Westin. Also, by looking a Marriott's calendar some week 51s are fixed too.
I don't have an aunt with timeshare. My sister is the one owning Marriott. The week she was going for was President's week in February. Like me, she's got kids in school and must live and die with the school schedule.

I don't want my kid to grow up, but dang!, I'll be glad when I'm not limited to those friggin' high demand weeks!!!
 

myip

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Yeah, but look at the seller's eBay feedback. I'm sure it limited the number of people willing to bid.
It is great it limit # of people to bid. You get lower price. What is the risks if it close through an escrow....
 

Henry M.

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Thanks for all of the replies. Fred told me that the prices for an island view in the North section on resale would be the same as the ocean view in the original section.
Rod

The retail prices were indeed about the same. The last selling prices for WKORV OV were around $48,900, similar the WKORV-N IV prices, when they were available.

A 2BR unit will net you 148,100 StarOptions to exchange to other resorts, regardless of view. The 1BR will only get you 81,000 StarOptions.

I like WKORV. I haven't been to WKORV-N recently so I can't comment on which one is better from a room size/layout point of view. The way the IV are located at WKORV-N is much better than IV at WKORV. You probably won't go wrong at either location. I'd go for the best deal I can get on a 2BR either OV at WKORV or IV at WKORV-N.
 
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