Friday, July 14, 2006

West Hawaii new shoreline Park to have 1,800 timeshare units

Tarnas said the developer plans to provide a 42-acre shoreline park as part of the project, which would include 1,800 timeshare units and three hotels with a combined total of 670 to 770 hotel rooms. It also would include 52 acres of commercial development along the Queen Ka'ahumanu Highway."We really want this to be a place that can bring what is really Kona out in front, a place where people can enjoy themselves and focus on the character of Kona," he said.

...construction is to commence in 2008.

45-acre marina may be built in Kona lava field - The Honolulu Advertiser

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Malta tackles timeshare touts

Roger Munns.

The Malta Tourist Authority is leading the fight against the timeshare touts.

Tourists in European holiday destinations are often confronted in their resort by timeshare reps, and for some it can spoil a hard earned break. Malta is leading the fight to reclaim the streets for the holiday maker.

Too many incidents of tourists being confronted in the street while on holiday in Malta has led to the Maltese authorities taking action against the timeshare companies who employ sales staff to seek out possible visiting buyers.

Complaints have risen in recent years from holidaymakers who have had their time on the island spoiled by being approached on a daily basis to attend presentations - that can last up to four hours - in the hope that some will buy into holiday property ownership and timeshares.

But the Malta tourist authorities have seen the damage it is doing to the island's economy, and have decided to act.

"Those tourists are sometimes having their whole holiday spoiled and are less likely to return."

The last thing the island needs is for tourists to step off their Air Malta flight to be accosted before they even reach their hotel with a sales pitch that reminds them of double glazing salesmen back home.

Malta is popular with British tourists


...it's good that this issue is being addressed...

Today - 999 Today : Malta tackles timeshare touts

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Deal closes for 700 Ilikai rooms and timeshare

The local company Anekona Properties completed its purchase of some 700 rooms at the landmark Renaissance Ilikai Waikiki hotel yesterday afternoon.

The deal was announced to the hotel management and employees at an internal meeting yesterday afternoon, though no sales price was disclosed.

The Y-shaped property, which opened in 1964, is expected to undergo significant renovations.

Brian Anderson, president of Anekona Properties, confirmed the deal yesterday, but declined to give further details.

Anderson in recent years has acquired numerous hotels in Hawaii, including the Kauai Beach Resort and Islander on the Beach on Kauai, which were converted to condominium hotels.

He also owns the Regency on Beachwalk and the 51-room W Honolulu Diamond Head boutique hotel in Waikiki.

Anekona was planning to sell the W Honolulu to an unsolicited buyer earlier this summer, but the deal fell out of escrow. It will still undergo a million-dollar renovation.

The Ilikai, at 1777 Ala Moana Blvd., was sold by Forward One LLC of California, which is connected to the Zen family of Taiwan.

Previously, the Ilikai was operated under Japan Airlines' Nikko Hotels.

Some 580 units at the Renaissance Ilikai are fee-simple condominiums owned by members of its Association of Apartment Owners. Shell Vacations, a timeshare operator, owns about 80 rooms.

Joseph Toy, president of Hospitality Advisors LLC, said new investors taking ownership of the Ilikai would help rejuvenate the Ala Moana corridor alongside the redevelopment taking place in central Waikiki.

art

...a renovation is just as a good as a holiday


starbulletin.com | Business | /2006/07/13/

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SellMyTimeshareNOW has new Vice President of Sales

SellMyTimeshareNOW is pleased to announce the promotion of Jim Paone from Sales and Advertising Manager to the Vice President of Sales. Jason Tremblay, co-CEO of SellMyTimeshareNOW, says, Jim is an excellent asset to our company. He has helped us grow exponentially in the last year, something we expect will continue far into the future.

$92,376,910 in timeshare sale and rental offers were presented to SellMyTimeshareNOW s timeshare resale and rental advertisers in 2005. In the first half alone of 2006, $104,685,181 in offers were made. Mr. Paone, who has been with the company since March 2005, says he is Quite surprised, grateful, and tickled pink to be promoted.

Prior to working with SellMyTimeshareNOW, Mr. Paone had worked with companies as diverse as broadcast radio and financial services. It was this background with small businesses which gave him the experience and motivation to move on to an even more ambitious level. He manages with the four E s, taken from Jack Welch, which are to have Energy 24-7, Energize others around you 24-7, have Enthusiasm, and manage the Execution of the game plan. I love the personalities behind sales, working with the customers and understanding them, working by phone, training others to do this and how to grow.

...more future growth expected for this timeshare company...


SellMyTimeshareNOW Promotes New Sales VP

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