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Wyndham. No longer. In charge [Pahio Resorts going to Grand Pacific?]

Grand pacfic. Take over

sjsharkie said:
Thanks, Dave for clarifying.

-ryan
Click to expand...

I have ask different. People in the office why the. Board wanted. The. Grand. Pacfic. To take over, no one. Had any answers.
 
GPRS. Take over

presley said:
GPR is slow to let the cat out of the bag. I find out what they takeover from these forums and then a couple months after I already know, GPR sends me an email telling me about it. That's for me as a GPR owner and not as someone who owns something being taken over by GPR.

They've been asking at every owner's meeting, every newsletter, etc., always asking do we owners know any other resorts that they can take over management at. I'm happy to see that they are taking on some more Hawaii.

I have never stayed at a Wyndham, but I own several GPR. I am very happy with the way things are run at the Grand pacific resorts. I have no qualms about booking any of their other managed properties sight unseen. Their internal exchange company has been great, too.
Click to expand...
I Owen. At Carlsbad. Inn resort. Which is managed. By. GPRS. No problems. Now I don,t. Know if I should. Be happy. Or sad about. GPRS. Take. Over. I did. Like being. Part of the Wyndham management
 
BMWguynw said:
When Wyndham took over managing Kauai Beach Villas, the first thing they did was slap a 17% maintenance fee increase on owners. Followed by a 12% increase the next two years. Then they gutted the owner's reserve funds set aside to build a new KBV pool complex, so they could build a fancier one at Bali Hai. They ultimately gave KBV a gently remodeled swimming pool, but no compensation for the redirected funds. As an owner at KBV who endured these abuses, I'd welcome a new management company. Hopefully, they'll get the fees under control and run the place properly, instead of beating up owners.

Dave
Click to expand...

If these are two independent Associations then any co-mingling of funds would not be legal and could be challenged by either group of owners. How did they do this and not get in trouble?
 
armrecsys said:
I Owen. At Carlsbad. Inn resort. Which is managed. By. GPRS. No problems. Now I don,t. Know if I should. Be happy. Or sad about. GPRS. Take. Over. I did. Like being. Part of the Wyndham management
Click to expand...

What is with the strange sentence structure and periods?
 
DeniseM said:
What is with the strange sentence structure and periods?
Click to expand...

I'm thinking he is typing on something that does autocorrect and he doesn't normally punctuate. English could be second language, too. :shrug:
 
presley said:
I'm thinking he is typing on something that does autocorrect and he doesn't normally punctuate. English could be second language, too. :shrug:
Click to expand...


And some devices insert periods if you put in two spaces in a row.

Dave
 
timeos2 said:
If these are two independent Associations then any co-mingling of funds would not be legal and could be challenged by either group of owners. How did they do this and not get in trouble?
Click to expand...

I don't have all the details. I think it was related to all of the resorts in the Pahio group being handed over as a group to Wyndham by the man who was the previous owner. Then he was/is? on the Boards of the resorts. Jack could probably answer that part better. He's been an owner longer than I have.

Jack? Do you see this?

Dave
 
timeos2 said:
If these are two independent Associations then any co-mingling of funds would not be legal and could be challenged by either group of owners. How did they do this and not get in trouble?
Click to expand...
Aloha,
I notice that some tuggers intermittently post various explanations regarding the initial KBV fund raising for the initial plan to replace the pool; sometimes a special assessment is mentioned. My memory is different than others, but since I don't have documentary facts, I generally let it go without a response.
My memory: It started with a significant increase (more than $100) in annual fees (not special assessment; there has not been a KBV special assessment since we first became owners in 1998) that were supposed to stay high for a handful of years to raise the money for the pool replacement. MFs were skyrocketing as developer sales at KBV concluded and developer subsidies disappeared. I used to have an excel sheet that tracked the expense categories prior to Wyndham takeover. Wyndham redefined the expense categories such that I could no longer track trends from pre- to post- takeover. Every year there was another reason why nothing was happening with the pool replacement. One year the story was that there was so much development work going on in Kauai that no contractor was willing to take on such a small job. The stories changed each year for a number of years that I do not remember. Finally, they re-landscaped around the current pool and did a few minor upgrades. It is nicer now, but we no longer use it. The impetus for the new pool was largely driven by the hostility of the new owner/developer of the condo-tel which shares the property (there is a joint association that shares common costs including things like the sewage treatment plant). Once the condo-tel developer went bankrupt, there was peace and goodwill in the neighborhood. The rationale for a major investment in a new pool melted away since KBVers can use the hotel pools (fee or free depending on the year).
I never noticed anything in the annual budget statement that led me to believe funds were transferred from KBV to the other resorts or vice versa. The management fees went up a lot; I doubt that Wyndham uses that to transfer between resorts since it would not enhance their profit.
Jack
 
jacknsara said:
I never noticed anything in the annual budget statement that led me to believe funds were transferred from KBV to the other resorts or vice versa. The management fees went up a lot; I doubt that Wyndham uses that to transfer between resorts since it would not enhance their profit.
Jack
Click to expand...


Thanks, Jack. I knew you'd know the history of things. My memory of things, as regards the money transfer between resorts, is that Lani Kaui (former KBV Manager) told me that directly, as the explanation one year for why the pool remodel wasn't happening, or why the initial pool design was being scaled down from the lazy river design to something approaching what we ended up with. She is also the one who said there were no building companies who wanted such a small contract. There was also something about them forgetting to hire a landscaping company for the project, or some such. This was shortly before she transferred out, to go work at the Wyndham offices in Princeville.

It doesn't matter, in the big picture. I just wish Grand Pacific would take over management of KBV. :whoopie:

Dave
 
BMWguynw said:
It doesn't matter, in the big picture. I just wish Grand Pacific would take over management of KBV. :whoopie:

Dave
Click to expand...

I spoke with someone at Grand Pacific today -- I had left a message through their "Contact Us" feature on their website. They called me on my cell.

She confirmed that GP is only taking over Makai Club. It was a pleasant conversation -- she indicated that they were pleased to win the contract and that there were no active plans to take over management for any of the other Pahio properties.

Just wanted to share that with the group.

-ryan
 
sjsharkie said:
I spoke with someone at Grand Pacific today -- I had left a message through their "Contact Us" feature on their website. They called me on my cell.

She confirmed that GP is only taking over Makai Club. It was a pleasant conversation -- she indicated that they were pleased to win the contract and that there were no active plans to take over management for any of the other Pahio properties.

Just wanted to share that with the group.

-ryan
Click to expand...


Sounds like things are pretty clear. Thanks, Ryan.

Dave
 
I remember reading an article in tstoday a few months ago about what went on at makai. The gist was that Wyndham kept raising the M/F and not doing improvements on the property. Enough people got fed up and the owners were able to get control of the board. They sent out the maintenance contract to competitive bid and Wyndham's bid came back something like 15% less than their first budget before they lost control of the board. The article made it sound like they were keeping Wyndham, but I guess not.

Ian
 
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