Aloha Hawaii-- Buying a Timeshare in Paradise

Imagine yourself on an island paradise, thousandsAbout 200 rooms — Construction is expected
of miles away from home. This is a place whereto begin in the second or third quarter of next
you and your family can go every year. That is, ifyear.
you own a timeshare in beautiful Hawaii.Marriott's Ko Olina Beach Club 90 rooms —
It has been said that the best Hawaii timesharesConstruction of the second phase of the 750-unit
may be the best timeshares in America. In antime-share project is to start in November 2004.
article called "Hawaii Timeshares Make a GreatHilton Grand Vacations Waikiki time-share 350
Investment," author Timothy Sexton says,rooms — Hilton has not determined a
"Hawaii timeshares double the value [of owning aconstruction timetable.
timeshare there] because, not only is it a cheaperKalia Tower at Hilton Hawaiian Village 453 rooms
[way to visit], let's face it, the average joe simply— Guest rooms have been closed since July
can't even come close to affording Hawaiian2002 because of mold. Most guest rooms are
properties outright."scheduled to reopen Sept. 1, but 72 units on six
Timeshares in Hawaii have been leading a reboundfloors of the 25-story tower are to be converted
in construction and a gentle rebound in tourism. Into time-shares by December.
2006, the Hawaii Tourism Authority released aOutrigger's Waikiki Beach Walk, 890 rooms —
study that says that many existing hotel units areTentative plans call for groundbreaking in 2006 or
converting ti timeshares and condominiums overlater for a 27-story hotel/time-share tower,
the next few years. Timeshare developments arereplacing 436 obsolete hotel rooms in the Lewers
attractive because, as Andrew Gomes of theStreet area.
Honolulua Advertiser says, "you get large up-frontIn a Hawaii timeshare owner’s blog
returns generated by sales and the flexibility toit’s noted that for awhile now, "timeshare
use unsold units as hotel rentals." Timeshareindustry professionals have been saying that
operators continue the trend ofHawaii timeshares are growing in popularity...
vacation-ownership. More giant hotel chains thanconsequently, more timeshares will be available on
ever before are building timeshares in Hawaii. Forthe resale market.
example, in a 2003 article in the Honolulua"Visitors to Hawaii, who can’t afford to
Advertiser, the following new timeshares arebuy a vacation home, have many options on the
described and these are just on the island oftimeshare market. You can have your own bit of
O’ahu alone:island paradise. Hawaii timeshares offer luxury
A Ritz-Carlton hotel at Ko Olina Resort & Marinaaccommodations for affordable prices.