The Westin Ka'anapali Ocean Resort Villas North latest pricing and incentives

[4ARedOctober Super Moderator Find all posts View Profile Close 4ARedOctober]

We just toured here. The first phase of the new property is still getting it final work done and will be open soon. The employees and a few others have already stayed in many of the new units to test the system.

The Westin Ka‘anapali Ocean Resort Villas North

Pricing for the 2BR Lock Off floating week and unit with an annual $1774 maintenance fee was:

$54,900 - Island View (no parking lot or street side units like the existing buildings) - these are more like garden view or view the courtyard and the other Westin buildings. The reason we were told was because Westin did the permits for this purpose built timeshare vs. buying the other property which had already been designed and permitted by another developer and they could not change it.

The difference is in the resort layout of the Villas. All of the buildings in the new buildings are diagonal and have more angled ocean views and no units which face the island and road.

$68,900 - Ocean View

$79,900 - Ocean Front

$109,000 - Fixed week 51 or 52 Ocean Front

As far as I know the incentives were the same as The Westin Princeville Ocean Resort Villas incentive which was a permanent upgrade to SPG Gold status and 100,000 SPG points.

Please let us know if you have heard anything else. Some of this was written by the resort and some is from memory and could be wrong.

[4ARedOctober Super Moderator Find all posts View Profile Close 4ARedOctober]

Wow it sure pays to shop......on ebay....

Island View Platinum 2 BR/2 BA Lock off WKORV-N just went for about half price $31,500...WESTIN - KA'ANAPALI RESORT, MAUI, TIMESHARE - NORTH - (item 270151576091 end time Aug-09-07 07:05:04 PDT)

Sold for: US $31,500.00

Auction ended early with Buy It Now.

--------------------------------------------------------------------------------

Ended: Aug-09-07 07:05:04 PDT
Shipping costs: Not specified
Item location: Lahaina, Hawaii, United States
History: 17 bids


2 Bedroom, 2 Bath Lock Off Unit

Platinum Season

Weeks 1-52

148,100 StarOptions



ISLAND VIEW

Usage Time: Platinum Season (weeks 1-52) 148,100 StarOptions - Annual Usage

Availability: Usage starts January 2008
Bedroom: 2
Bathroom: 2

Trades with: Interal Int - 5 Star - Starwood
Trade Season: Red
Type Deeded
Expiration: never
Annual Maintenance Fee: $1676

Total Costs:

Fees Due at Time of Sale:

Your Winning Bid ?
Total Annual Fee for 2007: $ 0 Fees start 2008
Resort Transfer Fee: $ 25
Settlement Fee: $ 475

[shopgirl Senior Member Find all posts View Profile Close shopgirl]

Does Westin exercise ROFR? I wonder if these deals actually close or if Westin stops them.

I don't even have $30K lying around the house very often.

The second bedroom, does it have a queen or king bed? Is there a Heavenly bath in both bedrooms?

[pomme-homme Junior Member Find all posts View Profile Close pomme-homme]

Updated information and a question

Just toured this property and was seriously interested but alas not enough $.
North Villas are much better designed that the original property where we are staying. Studio has queen size Heavenly Bed, 1 BR has king. 1 BR bath larger than studio but same Jacuzzi.

Prices quoted to us 1 wk/yr wk 1-50:
Island view: 59,900
Ocean view: 68,900
Ocean front: 84,900

Incentives were basically upgrade to Starwood Preferred Group Gold VIP level for life and 120,000 SPG points.

Westin does exercise first right of refusal, and we were told that owner resales did NOT include the points, so a lot of flexibility would be lost by buying on the resale market, even if Westin did not buy the unit back (which they usually do.)

Question: why are there so many Westin Ka'anapali Ocean Resort units for resale that say that points are included? I am new at this; who is telling the truth?

Thanks.

p-h

[bigfrank Administrator Find all posts View Profile Close bigfrank]

My neighbor bought there and paid around $50k. He thinks he can get more than what he paid for it. Westin offered to buy it back for more but of coarse he would have to buy the upgrade for more money. He has a friend that may buy it for close to what he paid he hopes. I wish him luck. It is a beautiful time share.

[ArtsieAng Super Moderator Find all posts View Profile Close ArtsieAng]

Cindy

Does Westin exercise ROFR? I wonder if these deals actually close or if Westin stops them.

Westin is not known to exercise it's ROFR. Although, anything is possible.

[Denise Senior Member Find all posts View Profile Close Denise]

Question: why are there so many Westin Ka'anapali Ocean Resort units for resale that say that points are included? I am new at this; who is telling the truth?

Starpoint (hotel points) conversion is NOT included, but Staroptions (exchanging to other Starwood Vacation Network resorts) transfer to a resale owner at a mandatory resort, of which WKORV is one of them.

I have not heard of a single instance in which Starwood exercised ROFR. It may happen, but I have not heard about it.

[Steamboat Bill Banned Find all posts View Profile Close Steamboat Bill]

Let me do the math for you....

Assume a $70,000 purchase price and $1,774 MF.

If you pay cash, the lost opportunity costs would be 5% (this is the money you would have made if you left the cash in the bank instead of buying this timeshare) = $3,500

Add $3,500 + $1,774 (annual dues) = $5274 per week = $753 per day

Why would anyone buy this if they could join a destination club like High Country Club (High Country Club:) or simply RENT a unit for $750 per night?

[TomandRobin Senior Member Find all posts View Profile Close TomandRobin]

Westin is not known to exercise it's ROFR. Although, anything is possible.

To pile on, we just purchased a resale at Westin Kierland and Starwood does not have ROFR at the resort. Some of them do have it in place, but as far as I know, has never exercised it.

[4ARedOctober Super Moderator Find all posts View Profile Close 4ARedOctober]

Has anyone stayed there yet?

The Westin Ka‘anapali Ocean Resort Villas North now open

Orlando, Fla. (July 27, 2007) - Starwood Vacation Ownership (SVO), a division of Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), today celebrated the opening of The Westin Ka‘anapali Ocean Resort Villas North with a traditional Hawaiian blessing ceremony. Ideally located in secluded Ka‘anapali North Beach, the resort will unveil 146 villas in July, 2007. In December 2007, the remaining 112 villas will open, bringing the total to 258 villas upon completion.

The new resort, located immediately next door to the Westin Ka‘anapali Ocean Resort Villas, is located on 11 beachfront acres with breathtaking views of the Pacific Ocean and the islands of Lanai and Molokai. The resort boasts spacious studio, one-bedroom, and two-bedroom villas ranging in size from 479 to 1,233 square feet. The two-bedroom villas are equipped with lock-off features, adding additional privacy to the already secluded design. An idyllic retreat, the villas feature Westin‘s signature Heavenly Bed®, Heavenly Bath®, whirlpool tub and plush bathrobes, flat screen LCD TVs, DVDs, Bose AM/FM wave radios, fully-equipped kitchen, washer and dryer, generous lanai, and high speed internet connection in each room.

"We are extremely pleased to open our newest phase of the Westin Ka‘anapali Ocean Resort Villas in Maui. This resort is located on one of the most beautiful beaches in the world. Starwood has a long history in Hawaii and is proud to be one of the state‘s largest employers. We worked closely with the community to build a world-class resort that reflects the culture of Maui while taking extraordinary care to protect the environment," said Serge Rivera, president of real estate development, Starwood Hotels & Resorts Worldwide, Inc.

The Westin Ka‘anapali Ocean Resort Villas North provides an array of amenities to guarantee a relaxing stay in paradise. Guests can unwind poolside and enjoy casual dining at the Pailolo Bar & Grill, offering burgers, sandwiches, and salads or they can assume the role of chef and BBQ at the poolside grilles. The resort‘s tranquil setting allows guests to soak in breathtaking vistas of natural beauty while recharging poolside, featuring three inspiring swimming pools, including two hot tubs and a separate children‘s pool furnished with a clubhouse and play area for its Keiki Club program.

In addition to the on-site features, guests of The Westin Ka‘anapali Ocean Resort Villas North may avail themselves of the services and amenities available at other Starwood resorts on Maui, including The Westin Maui Resort & Spa and the Sheraton Maui Resort, and have charges billed back to their villas. The resort also offers a complimentary shuttle service between the resorts and historic Lahaina town from 8 a.m. to 10 p.m.

In the upcoming months, The Westin Ka‘anapali Ocean Resort Villas North will be introducing additional services and amenities to make for an even more relaxing experience. Opening in September, guests can indulge their appetites at Pulehu, the resort‘s fine dining restaurant, offering a variety of delicious steak and seafood cuisine. Come December, guests will be able to soak their feet in two more lagoon-style pools with the opening of the mauka (mountain) and adult swimming pools. And with health and wellness being top-of-mind for so many travelers, The Westin Ka‘anapali Ocean Resort Villas North will be opening a full-service luxurious spa and signature WestinWORKOUT® fitness room, powered by Reebok, in February 2008. The final completion of the resort is scheduled for March 2008.

About Starwood Hotels & Resorts Worldwide, Inc.

Starwood Hotels & Resorts Worldwide, Inc ®, is one of the leading hotel and leisure companies in the world with approximately 870 properties in more than 95 countries and 145,000 employees at its owned and managed properties. Starwood® Hotels is a fully integrated owner, operator and franchisor of hotels and resorts with the following internationally renowned brands: St. Regis®, The Luxury Collection®, Sheraton®, Westin®, Four Points® by Sheraton, W®, Le Méridien® and the recently announced aloftSM and ElementSM Hotels. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit Starwood Hotels and Resorts Worldwide - Hotel Reservations with Best Rates Guaranteed.

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